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Showing posts from April 8, 2013

Electronic Payments

Introduction Online electronic payments are not tantamount to electronic payments. In the emergence of e-commerce, credit cards have long been represented by electronic means of payment, credit cards in shopping malls. Many hotels and other places and items could swipe of the card, POS terminals Regulations, ATM cash forms of payment. And online electronic payments, online payments also known as electronic currency, broadly speaking, refer to a transaction in the online exchange of funds; It is a network-based electronic financial, a business card transactions for all types of electronic tools and media,the electronic computer and communications technologies as a means Electronic data (binary data) stored in the bank's computer system. and through the computer network system in the form of the flow of electronic information transfer and payment. Electronic Payment System is the basis for online payments, and online payments system development is a higher form of electronic