مجلة الإقتصاد الجديد
Volume 1, Numéro 2, Pages 7-15
2010-12-01

Risks Of Electronic Payment Means: Online Payment Through A Case Study Of Ebay Transactions

Authors : Hamid- -. Abdallah El Hirtsi . Belkella Brahim .

Abstract

The emergence of e-commerce has created new financial needs that in many cases cannot be effectively fulfilled by the traditional payment systems. Recognizing this, virtually all interested parties are exploring various types of electronic payment system and issues surrounding electronic payment system and digital currency. Broadly electronic payment systems can be classified into four categories: Online Credit Card Payment System, Online Electronic Cash System, Electronic Cheque System and Smart Cards based Electronic Payment System. Each payment system has its advantages and disadvantages for the customers and merchants. These payment systems have numbers of requirements: e.g. security, acceptability, convenience, cost, anonymity, control, and traceability. Therefore, instead of focusing on the technological specifications of various electronic payment systems, the researcher have distinguished electronic payment systems based on what is being transmitted over the network; and analyze the difference of each electronic payment system by evaluating ., characteristics .the applicability of each system.

Keywords

Risks of electronic payment means: online payment through a case study of eBay transactions