E-Commerce and Online Payment in the Modern Era

Abstract

Face-to-face exchange of goods between the two sides conducted before the beginning of recorded history. Always there are some security problems in traditional payment system. After that electronics payments system brought out a huge revolution. Though modern technology digital documents can be copied perfectly, duplicate signature of anybody is possible. Name of the Buyer's can be linked with each payment, to eliminate the secrecy of money. Without proper and high-quality security system somehow e-commerce will not work anymore. On the other hand a very well designed electronics payment system can provides high label security then the traditional payment. In this article we discussed about the different process, benefits, and security related issue of electronic payment system.