Classification and characteristics of electronic payment systems

D. Abrazhevich

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    31 Citations (Scopus)
    2 Downloads (Pure)


    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.
    Original languageEnglish
    Title of host publicationElectronic commerce and web technologies 2001, proceedings of the 2nd international conference, EC-web 2001, Munich, Germany
    EditorsK. Bauknecht, S.K. Madria, G. Pernul
    Place of PublicationBerlin
    ISBN (Print)3-540-42517-9
    Publication statusPublished - 2001

    Publication series

    NameLecture Notes in Computer Science
    ISSN (Print)0302-9743


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