Analysis of electronic payment systems 4

Literature review on electronic payment system

Electronic retail payment systems: user acceptability and payment problems in Ghana. It is indispensable to the functioning of the interbank, money, and capital markets. Related Work Vassiliou, , defines electronic payment as a form of financial exchanges that takes place between the buyer and seller facilitated by means of electronic communication. Regulation: are defined as related authority. Once processed, payments are final and irrevocable. Issues in Informing Science and Information Technology. E-payment: prospects and challenges in Nigerian public sector. Taddesse W, Kidan TG. We shall also empirically examine the loopholes in the existing mobile payment systems in Ghana and design a framework to address the identified loopholes in the existing system. Validity and Reliability of the Research Instrument The designed framework was run several times to ensure all loopholes identified were resolved.

Retail payments and economic growth. For instance, in order to complete a transaction involving a large sum of money the buyer needs to carry a large sum of money to the point of sales, queue up as well as spend a lot of productive hours in order to make a transaction.

research methodology of electronic payment system

International Journal of Engineering Research and Applications. Will m-payment take off?.

research methodology of electronic payment system

Mobile money or mobile payment is a service in which the mobile phone is used to access financial services. Fiallos F, Wu L. First Virtual Internet Payment System.

Research paper on e cash payment system

Model checking the secure electronic transaction SET protocol. It is indispensable to the functioning of the interbank, money, and capital markets. There is therefore the need for the data in transit to be encrypted until a confirmation or feedback is received that the data reaches the intended destination. E-Commerce Payment Systems. Quality, reliability, security and robustness in heterogeneous networks. The researcher therefore designed a framework to make information on next of kin a mandatory field as a prerequisite as provided in figure 4. According to researchers, security of mobile payment systems requirement can be tailored around Confidentiality privacy , Integrity, Authorisation and Non Repudiation. Hord J.

In Ghana, the cash payment system which forms the bulk of the payments in the country involves carrying physical cash to make payments.

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A scheme for analyzing electronic payment systems