It has been widely accepted that fairness is a critical property for electronic commerce. Fair payment protocol is designed to guarantee fairness in a payment process over asynchronous network. Fairness means that when the protocol terminates, either both parties get their expected items, or neither does. In this paper we first present a new generic offline fair payment protocol with fairness, ...

---------------------------------------------------------------------ABSTRACT---------------------------------------------------------------In this article e-payment scheme by mobile machine is considered. The requirements for a mobile machine in e-payment are presented, particularly when merchant employing accounts for payments and when using advertising. In the proposed scheme we will use the...

What makes e-money special relative to cash? How does the introduction of electronic money improve the functioning of a payment system, in which cash is used as an incumbent payment instrument? This paper adopts a mechanism design approach to identify the essential features of e-money that improve the effi ciency of the economy. We build a micro-founded general equilibrium model to compare the ...

This paper is concerned with the business strategy in managing payment innovations. Particularly, the study looks at the smart card electronic cash (e-cash) innovation in the financial service industry. The smart card e-cash has yet to overcome obstacles to its diffusion. Given the e-commerce opportunity, banks and non-banks compete to deploy smart card technology for Internet use. A review of ...

Firstly, a game model is established under unconstrained market conditions to illustrate the basic evolutionary rule of the market of e-commerce payment method. It is concluded that the establishment of e-commerce payment market is not normative under the unconstrained market conditions, which shows the importance of the introduction of the third party payment for the establishment of standardi...

This poster proposes a secure e-payment architecture for online shopping protecting users’ privacy. Introduction. Online shopping is becoming more and more interesting for customers because of the ease of use and the large choice of products. A vast amount of sensitive information is transferred during such online payment transactions what involves privacy problems. Current e-payment schemes, s...

The study of trust of consumer on Business-to-Consumer (B2C) E-commerce is one of the key research interests of Information Systems (IS) researchers. In this research, we investigate the impact of trust on two different E-payment gateways, viz. online credit card payment system and the hypothetical online Octopus card (a stored-value smart card) payment system. Based on the model developed by G...

Adoption of IT innovations is attracting increasing attention. Researchers are particularly interested in factors that affect the adoption of IS and IT innovations. Innovation diffusion theory is used frequently to evaluate the effect of perceived innovation attributes and the adoption of innovations. Nevertheless, explanatory power of perceived innovation attributes varies across different inn...

The most important phase in E–Commerce interactions is the payment, due to the transfer of sensitive information (e.g., credit card numbers). A couple of requirements exist both from the point of view of a customer and from the merchant’s perspective. This set of requirements is even enlarged when complex interactions are considered in which a customer purchases goods originating from different...

Success in online services cannot promise the success in corresponding mobile services. To understand the mobile service adoption behavior under the context of online service transition, this study, taking mobile payment as an example, from a trust transfer perspective, examines users’ acceptance of mobile payment using the TAM (Technology acceptance model). A field survey with 220 mobile payme...