Electronic Commerce Payment Systems

Abstract

Upon completion of this chapter, you will be able to:1.Describe cross-border EC and the issues that arise in EC payments.2.Describe the major changes in retail and their impacts on EC payments.3.Discuss the different payment cards used online and processing methods.4.Discuss the different categories and potential uses of smart cards.5.Describe the issues with and solutions to online micropayments.6.Understand PayPal and third-party payment gateways.7.Understand the major types and methods of mobile payments.8.Describe the differences and key characteristics of digital and virtual currencies.