Unified Payment Interface—An Advancement in Payment Systems

Aadhaar-Based Unified Payment Solution

In this paper, we propose to build an Aadhaar-Based Unified Payment Solution. The key idea is that a virtual wallet will be linked to the Aadhaar card number of the customer. After that, any identification unique to the person and linked with the Aadhaar card, be it something the person knows like secret Internet-banking password, be it something s/he carries like debit card/ credit card, somet...

Digital Cash Payment Systems

The recent explosion in the popularity of the Internet has been accompanied by considerable interest in using this worldwide collection of interconnected computers as a medium for commerce. While electronic commerce in general is not itself a novel concept, the dizzying pace of change in the computer networking landscape of late promises to bring with it exciting new ways for individuals and co...

Electronic payment systems

Electronic payment systems

syntax notation (ASN.1),49–51basic encoding rules (BER), 50built-in types, 49defined, 49new data type example, 50, 51

Optimal card payment systems

This paper presents a model of a card payment system to address the pricing and rules that govern such systems. It evaluates the social optimality of privately set interchange fees and the adoption of a rule by payment systems to prevent merchants surcharging for card transactions using two extremes of merchant pricing—monopolistic pricing and perfect competition. Both types of merchant pricing...