Thesis on electronic payment system

P senior High School 2 Senior Lecturer, Department of computer Science,. 1 E-commerce and electronic payment systems The most popular definition of e-commerce is based on the onlineperspective of the conducted business. EPS can be classified into cash-based and account-based systems. Each research paper on the metamorphosis payment system has its advantages and disadvantages for the customers and merchants There are two primary avenues for electronic payment considered in this thesis. In fact in Ethiopia were started to use electronic payment system, however, cash is still the most dominant medium of exchange, and. An electronic payment (e- payment), can be defined as paying for goods or services on the internet. Current mobile payment initiatives use the wireless capabilities of mobile devices to communicate payment information Electronic Payment based on Trusted Third Party Mobile payment (m-payment) is an electronic payment done Since there is no face-to-face interaction in most e- using mobile devices. In an e-commerce environment, payment takes the form of money exchange in an electronic form so called “electronic payments”. Our study shows that electronic payment systems have the potential to eliminate if not reduce the problems consumer face in the payment and settlement system. In other words, paying electronically is consider as an electronic payment system or online payment system. 1 BACKGROUND TO THE STUDY Electronic payment system is the conduct of payment via internet which relates to activities of information searching. Electronic cash and pre-paid card are cash-based systems, while credit card, debit card and electronic check are account-based payment systems Each payment system has its advantages and disadvantages for the customers and merchants. 3 Value of Research The proposed research is significant mostly due to the fact that Electronic payment systems are now gaining familiarity in Ghana There are two primary avenues for electronic payment considered in this thesis. The basic concept in the Jalda payment system is that an Internet payment between a Customer and a Content Provider is administrated by a trusted third party, the IPP Analysis of Electronic Payment Systems in Ghana - A Case Study of Mobile Payment System Regina Kafui Adzroe (Mrs)1 Dr. Electronic Payment (E-Payment) Antwi, Hamza, and Bavoh (2015) define electronic payments as the transfer of payers from monetary claims on parties that can be accepted by profitable parties. The goal was to make describe a system that could make obsolete cash money, aiming to provide a replacement for cash on mobile devices. The electronic payment system is considered as the backbone of e-commerce and one of its most crucial aspects. The purpose of this thesis is to introduce current state, the challenges and future expectations of online payment systems in China and Europe and especially in Finland. These payment systems have numbers of requirements, example security, acceptability, convenience, cost, anonymity, control, and traceability (Sumanjeet, S. This is without the use of checks thesis on electronic payment system or cash. The major economic benefits of EPS include mobilizing savings and ensuring most of the cash available in the country are with the banks Additionally, few studies on E-payment systems and the banking sector have been conducted. The second one is third-party online payment systems Electronic payment systems can also increase your cash flow, reduce administrative costs and labor and provide yet another way for your customers to pay. The power of world wide web and digital payments is having pivotal role in getting connected and making any time any where payments at your fingertips. Boot Student number: 0091006 E-mail: m. Michael Asante2 Francis Kwadzo Agbenyegah3 1Head of Department (Information Communication Technology) Hohoe E. The visitor buys credit first and can use this credit to make purchases at a vendor Additionally, few studies on E-payment systems and the banking sector have been conducted. The motivation for this thesis was to create a successful mobile payment system. Simply put, electronic payments allow customers to pay for goods and services electronically. Online payment systems have a very important role in e-commerce and they are used to complete e-commerce transactions. An e-payment system (EPS) is the process of paying for goods and services through an electronic medium, without the use of physical checks or cash. Post demone tization is effecting the e -commerce sector that Cash on Delivery is gradually getting stopped and other modes of payment is.

Somebody Do My Homework For Me

It is very convenientthe greatest e-payments benefit [35] to handle their transactions (e. The first is building a proprietary prepaid payment system, which functions as independently as possible, much like the current system, but in an electronic form. We will investigate a novel payment system, a so-called peer-to-peer pay-ment system, for mobile devices. Technical and economical motivate great effort in electronic payment systems Basically, the focus of this study is to investigate determinants of electronic payment adoption, its influence on consumers’ purchase decisions and household spending growth. It can be defined as a payment service that utilizes the information and communication technologies including integrated circuit (IC) card, cryptography, and telecommunication networks' (Raja et. Normally e-payment is done buy essay us via debit cards, credit cards or direct bank deposits. Even though there are enormous advantages, a. Electronic devices are used, rather than real checks or money bills to perform e-payment transactions between sellers and buyers, and according to (Kabir, Saidin, & Ahmi, 2015), E-payment system is. 15JU11400013 Under the Supervision of Dr. A SECURE ONLINE PAYMENT SYSTEM THESIS A thesis submitted in partial fulfillment of the requirements for the degree of Master of Science in the College of Engineering at the University of Kentucky By Shristi Pant Lexington, Kentucky Director: Dr. The presented system in this thesis is the result of answering the following research questions:. One of the main uses of m-payment is in commerce transactions, the payment system must be strongly mobile commerce (m-commerce). Electronic payments are an necessary part of e-commerce and are one of its most critical aspects (Dennis Abrazhevich, 2004). thesis on electronic payment system An efficient electronic payment system lessens the cost of trading and is thought to be essential for the functioning of capital and inter-bank markets. E-commerce provides the capability of buying and selling prod- ucts, information and services on the Internet and other online environments Electronic Payment Systems apart from their convenience and safety also have a significant number of economic benefits (Ann Cobb, 2004). Technical and economical motivate great effort in electronic payment systems One essential aspect of e-banking, is establishing the necessary technical infrastructure, such as the Electronic Payment Systems (EPS). Technical and economical motivate great effort in electronic payment systems Each payment system has its advantages and disadvantages for the customers and merchants.