Technology payment cards communication with banking institutions in the field of cashless payment

The aim is now used to describe the infrastructure of payment cards, ATMs, now used to describe the infrastructure of payment systems, mainly the payment cards and NFC technology and secure payment throw the internet. In this article, we examine a new technology application which is coming into its own around the world, in association with the revolution in wireless connectivity. Our findings are intended to guide in dealing with the economic aspects of mobile payments, and to help identify some important directions for the research

U.S. households' access to and use of electronic banking. 1989-2007

Nationwide surveys show that consumers are increasingly embracing technology to make payments and manage their personal finances. However, only about one in two consumers could be considered a heavy user of electronic banking. This article examines changes over time in consumers’ access to, adoption of, and attitudes toward various e-banking products and services and looks at several emerging technologies.Consumers' preferences ; Electronic funds transfers

The potential use of smart cards in vehicle management with particular reference to the situation in Western Australia

Vehicle management may be considered to consist of traffic management, usage control, maintenance, and security. Various regulatory authorities undertake the first aspect, fleet managers will be concerned with all aspects, and owner-drivers will be interested mainly in maintenance and security. Car theft poses a universal security problem. Personalisation, including navigational assistance, might be achieved as a by-product of an improved management system. Authorities and fleet managers may find smartcards to be key components of an improved system, but owners may feel that the need for improved security does not justify its cost. This thesis seeks to determine whether smartcards may be used to personalise vehicles in order to improve vehicle management within a forseeable time and suggest when it might happen. In the process four broad questions are addressed. • First, what improvements in technology are needed to make any improved scheme using smartcards practicable, and what can be expected in the near future? • Second, what problems and difficulties may impede the development of improved management? • Third, what non-vehicle applications might create an environment in which a viable scheme could emerge? • Finally, is there a perceived need for improved vehicle management? The method involved a literature search, the issue of questionnaires to owner drivers and fleet managers, discussions with fleet managers, the preparation of data-flow and state diagrams, and the construction of a simulation of a possible security approach. The study concludes that although vehicle personalisation is possible- and desirable it is unlikely to occur within the next decade because the environment needed to make it practicable will not emerge until a number of commercial and standardisation problems that obstruct all smartcard applications have been solved

Pre-paid Petrol Refill Smart Card for Petronas Stations

This document represents the final dissertation for the Final Year Project. The purpose of the dissertation is to present the documentation ofthe project. The title in question is Prepaid Petrol Refill Smartcard for Petronas Stations. The title itselfexplains the general idea behind the project is to provide an advanced stored value of money in electronic card for paying petrol refilling at Petronas stations. It is also to promote a cashless environment at all Petronas stations. In the problem statement section, discussion will be concerning problem identification and the significance of the project, which is to provide a more efficient and reliable payment system for petrol refilling. The scope of study will focus on smartcard technologies and its realization into a prepaid system. With that in hand it is hopeful that a workable prototype will be able to be produced to demonstrate its usefulness in a real world environment. Methodology will be based on the Waterfall model which consists of five steps which are planning, analysis, design, and implementation and testing. Findings and its relevancy to the objectives of the project will conclude the report based on the discussions mentioned above. Also, additional information will be included where seemed appropriate. In Results and Discussion, topics will be about the critical segments of a smartcard technology implementation and some of the issues in using smartcard in today's electronic commerce. i

Body language, security and e-commerce

Security is becoming an increasingly more important concern both at the desktop level and at the network level. This article discusses several approaches to authenticating individuals through the use of biometric devices. While libraries might not implement such devices, they may appear in the near future of desktop computing, particularly for access to institutional computers or for access to sensitive information. Other approaches to computer security focus on protecting the contents of electronic transmissions and verification of individual users. After a brief overview of encryption technologies, the article examines public-key cryptography which is getting a lot of attention in the business world in what is called public key infrastructure. It also examines other efforts, such as IBM’s Cryptolope, the Secure Sockets Layer of Web browsers, and Digital Certificates and Signatures. Secure electronic transmissions are an important condition for conducting business on the Net. These business transactions are not limited to purchase orders, invoices, and contracts. This could become an important tool for information vendors and publishers to control access to the electronic resources they license. As license negotiators and contract administrators, librarians need to be aware of what is happening in these new technologies and the impact that will have on their operations

Risky business: managing electronic payments in the 21st Century

On June 20 and 21, 2005, the Payment Cards Center of the Federal Reserve Bank of Philadelphia, in conjunction with the Electronic Funds Transfer Association (EFTA), hosted a day-and-a-half forum, “Risky Business: Managing Electronic Payments in the 21st Century.” The Center and EFTA invited participants from the financial services and processing sectors, law enforcement, academia, and policymakers to explore key topics associated with the challenge of effectively managing risk in a payments environment that is increasingly electronic. The meeting’s goal was to identify areas of potential risk and explore interindustry solutions. This paper provides highlights from the forum presentations and ensuing conversations.

Usage Of Smart Card E-Payment In Public Transportation And Other Enterprises. An Empirical Study In Penang

Kad pintar hari ini digunakan di seluruh dunia sebagai kad pengenalan peribadi untuk akses komputer peribadi peralatan kawalan dan sistem keselamatan bangunan korporat. Today smart cards are used all over the world as personal identification cards for personal computer equipment access control and corporate building security systems