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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Secure Payment Modes Technology for E-Commerce Applications

Secure Payment Modes Technology for E-Commerce Applications
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Author(s): Niteesha Sharma (Anurag Group of Institutions, India) and Adiraju Rao Prashanth (Anurag Group of Institutions, India)
Copyright: 2021
Pages: 15
Source title: Research Anthology on E-Commerce Adoption, Models, and Applications for Modern Business
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-8957-1.ch044

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Abstract

E-commerce refers to business and customers buying and selling products online. There are significant improvements in the areas of initiating sale of products, placing orders, making payments, and transfer of funds. This has led to a much better global economy and better living standards for all. While buying products online, it is essential to know the payment method that ensures authentication and also many other security issues. There are many payments modes available in market today. This chapter presents different protocols and its security issues that relate to a specific payment mode.

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