E Payment
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E-payment
The volume of payments handled electronically has increased dramatically in recent years, as have liquidity, volatility and the amount of money flows across borders. This important global trend works together with a growing integration in corporate business processes, and a convergence in network architecture as e-payment of all kinds moves to Internet protocol systems. The net result is a new e-payment landscape that presents daunting challenges on many levels, as well as exciting opportunities, for banks, businesses and governments. Consumer and citizen interests are also at stake. This book takes a unique, wholly integrated look at the e-payment landscape, understanding the way that existing systems are being stretched and challenged. Credit card systems are extended to facilitate Internet-based eCommerce. Consumers are becoming accustomed to using their stored-value mass transit cards to make payments for goods and services. Corporations put pressure on banks to integrate business information into their electronic payment processes. New non-financial players emerge holding important floats and many of these players are challenging for key parts of the banking franchise. This bo
Handbook of Research on Social Impacts of E-Payment and Blockchain Technology
The social landscape is undergoing a global change with the emergence of e-payment and blockchain technology. This new technology changes the ways in which consumers and businesses interact with each other. This dynamic offers both opportunities and challenges to the socioeconomic landscape. It is important to understand the strategies, opportunities, and challenges contained in the e-payment and blockchain sector. The Handbook of Research on Social Impacts of E-Payment and Blockchain Technology is a comprehensive reference source that examines the strategies, opportunities, and challenges contained in the value creation of e-payment and blockchain technology, which lead to economic and social progression. Further delving into topics such as mobile financial services, technopreneurship, and cryptocurrencies, this dynamic resource is essential for students, academicians, entrepreneurs, corporate managers, business executives, researchers, blockchain professionals, technologists, systems engineers, policymakers, and government officials.
Why are E-payment systems important for us?
Seminar paper from the year 2014 in the subject Business economics - Trade and Distribution, grade: 07, University of Southern Denmark, language: English, abstract: During its more than 20 years of existence, the internet has become an essential "thing" in the society and daily life. The number of people worldwide using the internet has more than doubled from 2007 to 2013. While it was ca 1,3 billion people in 2009, it was ca 2,7 billion in 2013. Not only the access to internet got very easy, but also the demand for internet has increased a lot. Over the time as well e-payment systems has developed and are today a solid component of the Business-to-consumer sector. They can be found in many different trends. Google, MasterCard, Ebay are all well known names who all made their part to bring e-payment to its present place. But how do they function? How important are they? And furthermore, why should they be important since the world kept on spinning before there invention? This paper will analyze the importance of e-payment systems in the daily life for individuals such as for the business sector. The main point and also the research question for this paper will be to find out "Why are e-payment systems important for us?". For a better overview and understanding firstly the classic and modern payment systems are shortly presented and later shortly compared. Followed by description of how e-payment does influence the daily life of individuals in the society, such as the business/political area. It continuous with the analytical part, where the research question is tried to be answered by analyzing the findings. It ends with the conclusion, where the findings of the analysis are finally presented.
