A New and Safe Way of Electronic Payment Mode

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers' propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer's payment instrument use at the point of sale and for bill payment. The sample includes consumers surveyed in 2001, who are primarily users of the Internet. The results indicate that consumers who use new technology or computers are more likely to use electronic forms of payment, such as debit cards and electronic bill payments. Particularly, the use of direct deposit is a significant predictor of electronic payment use. Furthermore, the results indicate that payment choice depends on the characteristics of the transaction, such as the transaction value, the physical characteristics of the point of sale, and a bill's frequency and value variability.

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A new security algorithm for electronic payment via mobile phones

2010 3rd International Symposium on Applied Sciences in Biomedical and Communication Technologies (ISABEL 2010) ◽

10.1109/isabel.2010.5702905 ◽

2010 ◽

Cited By ~ 1

Author(s):

Reza Javidan ◽

M. A. Pirbonyeh

Keyword(s):

Mobile Phones ◽

Electronic Payment ◽

Security Algorithm

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Research on Electronic Cash Security Technology in Electronic Commerce

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.846-847.1628 ◽

2013 ◽

Vol 846-847 ◽

pp. 1628-1631

Author(s):

Song Jie Gong ◽

Lin Di Jin

Keyword(s):

Electronic Commerce ◽

Rapid Development ◽

Group Signature ◽

Electronic Payment ◽

Electronic Cash ◽

Security Technology ◽

Security Issues ◽

Information Safety ◽

Security Problem ◽

Precautionary Measures

With the rapid development of electronic commerce, payment is becoming the focus problem of electronic commerce. Electronic cash has become the ideal method of electronic payment for it is able to realize fair, secure, effect electronic transacts. Along with electronic commerce development, electronic cash payment systems are also gradually developing. However, most electronic cashes are facing the security issues. Moreover, the amount of money each electronic cash card contains is fixed at issuance and is available only within a specified system. The key technology is digital signature technology, including blind signature, group signature, and ring signature. The paper researches the security problems of electronic cash in information safety and e-commerce, and discusses the electronic payment and the security problem, which is regarded as the foundation of electronic commerce. The main factors are given that causes security problems of electronic payment, and suggests corresponding precautionary measures.

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DEVELOPMENT OF ELECTRONIC PAYMENT SYSTEMS IN A PANDEMIC: ANALYSIS OF THE STATE AND FIRECASTING THE CONSEQUENCES

EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA ◽

10.36871/ek.up.p.r.2021.05.01.014 ◽

2021 ◽

Vol 1 (5) ◽

pp. 112-117

Author(s):

V. V. TADTAEVA ◽

◽

B. E. BAGAEV ◽

A. A. BESAEVA ◽

A. E. KALMANOVA ◽

...

Keyword(s):

The State ◽

Economic Life ◽

Modern World ◽

Electronic Payment ◽

Payment Systems ◽

Electronic Money

Money is an integral part of the economic life of society. Payments are made both in cash and in non-cash form. During the COVID-19 epidemic, the use of electronic payment systems became the most profitable. The article examines the role of electronic money in the modern world in the context of a pandemic. Is given a rating of e-payment systems in Russia for 9 months. 2020.

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