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Learning Objectives. Describing various types of electronic payment systemsExplaining how EPSs operate in a B2B and B2C contextIdentifying the security needs of online electronic purchasing systemsDefining EDI and demonstrating how invoicing and payments can be made. Learning Objectives. Explaini
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1. CSIT 22Electronic Commerce Technologies Lecture 4 - Electronic Payment Systems
(Adapted from E. Lawrence et al., Technology of Internet Business, John Wiley, 2002)
2. Learning Objectives Describing various types of electronic payment systems
Explaining how EPSs operate in a B2B and B2C context
Identifying the security needs of online electronic purchasing systems
Defining EDI and demonstrating how invoicing and payments can be made
3. Learning Objectives Explaining advantages and disadvantages of EDI relative to other forms of electronic payment systems
Describing and explaining the value of various forms of e-cash systems
Evaluating the utility of stored value cards and smart cards as part of an electronic purchasing system
4. Comparison of the 4Cs Payment Methods