Online payment system ppt

Debit Card Debit cards are the second largest e-commerce payment medium in India. Namespaces Article Talk. Actions Shares. Use your information which is already stored in your Amazon account credentials to log in and pay at leading merchant websites and apps. You can change your ad preferences anytime. Accounts can be in the same bank or different banks. Slide 2 : This slide shows Content of the presentation.

E-payment systems come with an increased need to protect sensitive financial information stored in a business's computer systems from unauthorized access. Previous Page. Explain an Online Payment System. Fraudsters, for instance, use phishing attacks to trick unsuspecting users into providing the log-in details of their e-wallets, which they capture and use to access the victims' personal and financial information. How It works?? No Downloads.

Note: Depending on which text editor you're pasting into, you might have to add the italics to the site name. Nor do they have to wait for a check to clear the bank so they can access the funds they need to shop. Instead of entering card details on the purchaser's site, in this system the payment gateway allows one to specify which bank they wish to pay from. Why not share! How to decide what to sell online.

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More than 15, hours of experience in the industry. The growing use of internet-based banking and shopping has seen the growth of various e-commerce payment systems and technology has been developed to increase, improve and provide secure e-payment transactions. For the vast majority of payment systems accessible on the public Internet, baseline authentication of the financial institution on the receiving end , data integrity , and confidentiality of the electronic information exchanged over the public network involves obtaining a certificate from an authorized certification authority CA who provides public-key infrastructure PKI. Even with transport layer security TLS in place to safeguard the portion of the transaction conducted over public networks—especially with payment systems—the customer-facing website itself must be coded with great care, so as not to leak credentials and expose customers to subsequent identity theft. Confidentiality Policy Cookies Terms of Use.
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Now customize the name of a clipboard to store your clips. The SET protocol About the Author Ellis Davidson has been a self-employed Internet and technology consultant, entrepreneur and author since As internet banking and shopping become widespread, the number of people making cash payments is decreasing. This is a powerful tool for fraud prevention, as it ensures the person performing the transaction is truly authorized to do so.
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Related How Square Works. Show More. Better control over payments This is a powerful tool for fraud prevention, as it ensures the person performing the transaction is truly authorized to do so. Even with transport layer security TLS in place to safeguard the portion of the transaction conducted over public networks—especially with payment systems—the customer-facing website itself must be coded with great care, so as not to leak credentials and expose customers to subsequent identity theft. Cancel Save. Online payment systems greatly expand the reach of a business and its ability to make sales.
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Check out our Presentation Design Services. Just download our designs, and upload them to Google Slides and they will work automatically. Learn how and when to remove these template messages. Mahima Thapa. Write a review Rating 1 star 2 stars 3 stars 4 stars 5 stars. Show your finance related stuff here. Become an Amazon Seller today.
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The slide or theme will change to widescreen, and all graphics will adjust automatically. Enabling fingerprint authentication for Google Play purchases. Technical integration Online payment systems run the proprietary gamut across hardware and software platforms. Sell Kitchenware. During the mobile payment process, the buyer simply scans their fingerprint using a compatible mobile device, to prove their identity. Electronic Payment System 2. This article possibly contains original research.
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