Analysis of Electronic Payment Systems Checkpoint

Analysis of Electronic Payment Systems Checkpoint -...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
A N A L Y S I S O F E L E C T R O N I C P A Y M E N T S Y S T E M S P a g e | 1 Analysis of Electronic Payment Systems Renee Ingram Axia College IT/205 Gary Ervin
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
A N A L Y S I S O F E L E C T R O N I C P A Y M E N T S Y S T E M S P a g e | 2 There are three major types of E-Commerce used in business today. Business to business commerce such as Cirrus Pharmaceuticals site which is used for the sale of goods among businesses , business to consumer sites like BestBuy.com used for retailing products and services to individual shoppers, and consumers to consumer such as eBay, Craigslist, and Amazon.com used for consumers to sell or auction off goods and services to the highest bidder. Consumers use various ways in which to make payments over the internet for the goods purchased, some examples are: micropayment for purchases under 10 dollars, digital wallets for making purchases more efficient by eliminating the need to reenter information repeatedly, accumulated balance digital payment systems enables users to make micropayments and
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Analysis of Electronic Payment Systems Checkpoint -...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online