Online payment system ppt,Top 5 Challenges in Online Payments and How to Overcome Them - DPO blog
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Online payment system ppt


Please help improve it or discuss these issues on the talk page. Inadequate authentication also ails e-payment systems. Post your important notes here. Enter your details below. Prev NEXT.


When you purchase goods and services online, you pay for them using an electronic medium. Debit card, like credit card, is a small plastic card with a unique number mapped with the bank account number. Why not share! It allows a vendor to accept payments over the web or over other Internet connections, such as direct database connections between retail stores and their suppliers--a common method of maintaining just-in-time inventories. No notes for slide. Once the amount is transferred to other account, the customer is notified of the fund transfer by the bank. Stress on the need for a focused approach.


The electronic payment system PowerPoint compete deck contains twenty-six ready to use slides with relevant content and suitable graphics. Accessed 10 May Skip to the beginning of the images gallery. This article has multiple issues. Submit Review. Embeds 0 No embeds.

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Mobile Payment One of the latest ways of making online payments are through mobile phones. E-Money transactions refer to situation where payment is done over the network and the amount gets transferred from one financial body to another financial body without any involvement of a middleman. See our User Agreement and Privacy Policy. Courtesy Amazon. To sell on Amazon, please register yourself for free. Electronic Payment System. Views Read Edit View history.
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Embeds 0 No embeds. You log on to your bank's Web site, enter the vendor's information and authorize your bank to electronically transfer money from your account to pay your bill. Technical integration Online payment systems run the proprietary gamut across hardware and software platforms. Are you sure you want to Yes No. About the Author Ellis Davidson has been a self-employed Internet and technology consultant, entrepreneur and author since Visibility Others can see my Clipboard. Ecommerce transactions trigger complex automated processes that involve downstream players: banks and payment processors to name just two.
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Share It. Enter your details below. Sign Up. Statements consisting only of original research should be removed. Added to the expense is the lack of interface between processing systems—it may be difficult or impossible for a PSP to link with other systems, resulting in processing and payment delays, lost transactions, and expensive fees.
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If you continue browsing the site, you agree to the use of cookies on this website. To use automatic bank-to-vendor payment , your bank must offer a service called online bill pay. Categories : Electronic funds transfer Online payments. For example, Nigeria is infamous for having no enforceable fraud protection, which leads many vendors to disallow transactions originating from that country. Slide 13 : This is another slide with Ecommerce Payment Image.
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Skip to main content. For the best experience on our site, be sure to turn on Javascript in your browser. This is a system that does not involve any sort of physical card. Considerations There are very few businesses that cannot benefit from participating in an online payment system. Share It. For the vast majority of payment systems accessible on the public Internet, baseline authentication of the financial institution on the receiving end , data integrity , and confidentiality of the electronic information exchanged over the public network involves obtaining a certificate from an authorized certification authority CA who provides public-key infrastructure PKI.
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