Research paper on e cash payment system
Each coin has a unique value, partly minted by the client and partly by the e-cash bank International Journal of Computer Applications (0975 – 8887) Volume 108 – No. 1 monetrary value e-cash must have a monetary value; it must be backed by either cash (currency), or a back-certified cashiers checqe when e-cash create by one bank is accepted by others , …. They provide services and training The designers of electronic cash focused on preserving the features of untraceability and anonymity. It is very convenientthe greatest e-payments benefit [35] to handle their transactions (e. Electronic payment system (e-payment) is an important aspect of e-commerce. The customer approaches his issuer (bank’s) site for accessing his account An advantage of E-Cash –E-cash is a system that allows users to make transactions over the internet in real-time. The model research paper on e cash payment system is explained properly in upcoming slides 9. Payment system is in the midst of its own modernization transformation. Objectives: This paper is aimed at investigating and increasing awareness about various concepts related to Electronic Payment Systems (EPS) including its advantages, challenges and security. The customer approaches his issuer (bank’s) site for accessing his account E-Cash must satisfy some general properties which are as follows-Independence– E-Cash must not depend on its existence in any given computer system or location. E-commerce would go bust without electronic cash payment systems, yet few of the dozens of systems introduced in various world markets over the last decade has been reliable enough to be embraced by. It’s easy and free with any electronic payment system. This paper gives an overview of electronic cash system, components. This gives us the idea of how e-cash payment system works. - Providers for digital payment systems: Providers are intermediaries between dealers and financial institutions. International Journal of Computer Applications (0975 – 8887) Volume 108 – No. To pay with e-cash, a user must store information on his personal computer in an electronic wallet or –to avoid computer storage –subscribe to a service like Pay Pal Spurred by convenience, the rise of e-commerce, and mobile technology, digital payments have grown by around 85% since 2006. 6 g CO2e The study concludes that the adoption e-payment system positively influences the revenue collection performance in Nairobi City County. All of these set the stage for a strong and more inclusive digital payments ecosystem. Electronic Cash is important concept in electronic payment systems through internet because it combines computerized convenience with security mechanisms. The e-payment systems allow clients to make their payments from anytime and anywhere [44]. Your account will keep the history of all transactions and money amounts Purpose: This study quantifies the impact of the Dutch cash payment system on the environment and on climate change using a life cycle assessment (LCA). 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. The electronic cash can only be spent on sites that accept the electronic cash for payment Growth of other non-cash methods such as ATM and e-banking in Malaysia is stable.