This paper discusses the current status and issues regarding Web-Coin, a newly emerging e-payment form in China. Web-coin has been well accepted in China due to its efficient and convenient payment features. The paper also discusses some ongoing controversial issues with Web-Coin, including regulation problems and the potential risks. This paper is intended to be a valuable reference and implic...

Consumers’ ability to purchase goods and services from anywhere and at any time is a critical factor in the ubiquity of e-commerce. Credit cards enable a medium of exchange that facilitates the global e-commerce marketplace. Credit card providers’ and bank account service sites provide powerful tools for the individual to manage their credit card accounts, and allowing payment of monthly credit...

Fatemeh Soleimani Roozbahani PhD Candidate for IT Management, Islamic Azad University, Science and Research Branch of Tehran, Iran Email: [email protected] Sanaz Nikghadam Hojjati PhD Candidate for IT Management, Islamic Azad University, Science and Research Branch of Tehran, Iran Email: [email protected] Reihaneh Azad Master Student of IT Management, Farabi University, Kara...

The exponential growth of e-commerce borne from globalisation has fuelled the use of e-payment systems that are clearly a prerequisite business practice given that Internet consumers must pay for products and services. It is acknowledged that credit card payment is the foremost method for on-line purchases. However in Islamic countries, such as Libya, religious and ethical barriers prohibit the...

With the explosive growth of the Internet, electronic-commerce (e-commerce) is an increasingly important segment of commercial activities on the web. The Secure Agent Fabrication, Evolution & Roaming (SAFER) architecture was proposed to further facilitate e-commerce using agent technology. In this paper, the electronic payment aspect of SAFER will be explored. The Secure Electronic Transaction ...

The Internet has brought about innumerable changes to the way enterprises do business. An essential problem to be solved before the widespread commercial use of the Internet is to provide a trustworthy solution for electronic payment. We propose a multi-agent mediated electronic payment architecture in this paper. It is aimed at providing an agent-based approach to accommodate multiple e-paymen...

In recent years, traditional transactions have been replaced by electronic transactions. To protect the security of the electronic transactions, various electronic payment (e-payment) mechanisms have been proposed. However, we find the previous e-payment mechanisms do not provide the non-repudiation requirement in the client side. Thus, a malicious client can easily deny the transaction and the...

A host of innovative payment systems are pushing into the market. However, these systems often have a limited focus on niche segments. The only ones with mass-market promise are those innovative systems that take into account the particular features of B2C e-commerce, enjoy the support of established e-shops or service providers in payment transactions and can convey the unique added value that...

A health care provider chooses medical service quality and cost-reduction e§ort. Both choices are noncontractible. An insurer observes both quality and cost e§ort, and may credibly disclose them to consumers. In prospective payment, the insurer fully discloses care quality, and sets a prospective payment price. In cost reimbursement, the insurer discloses a value index, a weighted average of qu...