PAYMENT OF ENVIRONMENTAL PAYMENTS: PROBLEMS, PROSPECTS

E-payments: Problems and Prospects

The success of electronic commerce depends upon effective electronic payment systems. The Internet and on-line businesses are growing exponentially.. Due to this explosive growth, electronic commerce on the Internet uses various electronic payment mechanisms that can cater for much diversity of applications. This paper discusses the evolution and the growth of electronic technologies, which can...

Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic

Payment Method Design: Psychological and Economic Aspects of Payments

Paying for goods and services creates disutility for the payer. Based on ideas from behavioral economics, we contend that the disutility of paying can be substantially influenced by the method of payment. We develop a model of the consumer that takes into account phenomena such as the pain of paying, the sunk-cost effect, and self-control issues. In a laboratory experiment we test this model an...

NFC Payment Spy: A Privacy Attack on Contactless Payments

In a contactless transaction, when more than one card is presented to the payment terminal’s field, the terminal does not know which card to choose to proceed with the transaction. This situation is called card collision. EMV (which is the primary standard for smart card payments) specifies that the reader should not proceed when it detects a card collision and that instead it should notify the...

Prospects for an Environmental

Could globalization trigger an environmental "race to the bottom," in which competition for investment and jobs relentlessly degrades environmental standards? Since billions of people subsist on less than two dollars a day, it would be cavalier to dismiss this threat lightly. Indeed, the race-to-the-bottom (RTTB) model provokes widespread concern because its underlying assumptions have an air o...