Skip to main content
Article thumbnail
Location of Repository

A FRAMEWORK FOR MANAGING COST EFFECTIVE AND EASY ELECTRONIC PAYMENT SYSTEM IN THE DEVELOPING COUNTRIES

By Asif Ahmed Anik and Al-mukaddim Khan Pathan

Abstract

With the rapid growth of Information and Communication Technology, Electronic commerce is now acting as a new means of carrying out business transactions through electronic means such as Internet environment. To avoid the complexities associated with the digital cash and electronic cash, consumers and vendors are looking for credit card payments on the Internet as one possible time-tested alternative. This gave rise of the on-line payment processing using a third-party verification; which is not suitable for the developing countries in most of the cases because of the excessive costs associated with it for maintenance and establishment of an online third-party processor. As a remedy of this problem, in this paper, we have proposed a framework for easy security incorporation in credit card based electronic payment system without the use of an on-line third- party processor; which tends to be low cost and effective for the developing countries

Topics: credit card, on-line third-party processor, digital signature, public and secret key
Year: 2009
OAI identifier: oai:CiteSeerX.psu:10.1.1.135.7957
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://arxiv.org/pdf/cs.oh/060... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.