2. Group Member
Name Id
MD Jasim Uddin ZH-030-071
Sakib Hossain ZH-030-073
Sharafat Hossain SM-030-097
Arnob Sarker JN-030-101
3. Digital payment
It is the transfer of value from one payment account to another where both the
payer and the payee use a digital device such as a mobile phone, computer, or a
credit, debit, or prepaid card.
sometimes also called an electronic payment.
payments done through digital or online modes.
4. Electronic commerce payment system
cash
Checking transfer
Credit cards
Stored value
Accumulating balance
6. Security schemes in e-commerce
Authentication
Encryption
Integrity
Non repudiation
7. Types of electronic payment system
The credit card: A bank account that allows companies to process credit card
payment and receive fund from those transction.
Derivatives for using online credit card
Cardholder
Merchant
Card issuer
Acquirer
Card brand
9. Electronic payment method
Digital wallet
Digital cash
Smart card
Digital accumulating balance payment
Electronic fund transfer
10. Issuses and challenges of electronic payment
system
Lack of security
Lack of trust
Lack of awareness
Highly expensive and time consuming
Social equity
Merchant risk