Electronic commerce and electronic business greatly need new payment systems that will support their further development. To better understand problems and perspectives of the electronic payment systems this article describes a classification and different characteristic aspects of payment systems. It suggests distinctions between payment systems and mediating systems, and is trying to illustrate advantages and limitations of diverse categories of payment systems using the defined characteristics. It is highlighting importance of user-related aspects in design and introduction of electronic payment systems for mass customers.
|Title of host publication||Electronic commerce and web technologies 2001, proceedings of the 2nd international conference, EC-web 2001, Munich, Germany|
|Editors||K. Bauknecht, S.K. Madria, G. Pernul|
|Place of Publication||Berlin|
|Publication status||Published - 2001|
|Name||Lecture Notes in Computer Science|