Development Of Electronic Money In e-Commerce Appl

Development of electronic cash in e-commerce covers Introduction With the teaching method of cyberspace technology, network-based electronic money such as stipend and resolution tool at an unprecedented pace. E-commerce related to electronic honorarium instruments become much and more common. The payment bunghole be divided into three categories. The first one course is electronic money, such as electronic cash, electronic w altogetherets, etc. The present moment one is the electronic stamp card categories, including smart cards, account cards, SIM cards (in mobile phone), etc. The third one is the electronic checks, electronic funds transfer (EFT), electronic transfer money and so on. This will be one of the tools for electronic payments - the pertinency of electronic money in e-commerce for analysis and research. The basic pattern of electronic money a. The major(ip) instituteal and basic concept of electronic money. Electronic money as a contemporary for m of new silver has been generated from the 1970s, the application form of them become more widely. E-money is developed by the online electronic credit. It uses the commercial electronic machines and all kinds of trading cards as a media.

It also perceives the ready reckoner technology and raw communications technology as a means of electronic funds transfer and stores the pulse for the credit money. b. Major courtly of electronic money. Electronic money, there ar two major formals - the type of smart card payment cards and currency documents are digitally. The former is mainly use for the payment done the i nternet. Electronic cash, its main purpose i! s to transpose the daily uptake of small notes and coins. (David, 1983) E - Cash is the development of online trading pass cash with digital currency. It is a method of currency in circulation data. Converted into a cash time value of the encrypted epoch number, these serial numbers represent the reality of the enumerate of currency. after(prenominal) the users carrying out e-cash business, open...If you want to get a practiced essay, ordinate it on our website: OrderCustomPaper.com

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