Analysis of electronic payment system

articles on electronic payment systems

According to the Bank of Ghana, there are currently four 4 mobile money service providers, thus informing our choice of a population size. The current mobile payment system should make provision for a security word during token cash out. Lovelock, C. After the sender confirms and is certain of the intended recipient, both the senders as well as the recipient accounts are being decrypted arrowed blue and red respectively to allow the data to be accessed.

Electronic payment system pdf

Microsoft office excel was then used to analyse the transaction cost vis a vis the transaction amounts. Stan, M. Each payment system that has been introduced has its own benefits that it accrues to its users as well as the burdens that it poses on the customer, the merchant and the service providers of that payment system. Exploring the reasons for a failure of electronic payment systems: A case study of an Australian company. The use of mobile phones in such transactions makes MPS a form of electronic payment, with the exception that the transactions are carried out on the mobile phone. According to Ghana Chamber of Telecommunications, mobile money operators in Ghana have recorded mobile money fraud cases in the year as against in the year Financial Services Res. Figure 4. Journal of Internet Banking and Commerce, 11 3. Frenkel and M. Buckingham: Open University Press. CrossRef Google Scholar [2] G.

Humphrey et al. This is to serve as a clearance for the agent from any criminal record and therefore enhances the credibility of the agent.

Articles on electronic payment systems

Suganthi, B. Validity and Reliability of the Research Instrument The designed framework was run several times to ensure all loopholes identified were resolved. Oladejo, M. Google Scholar [35] B. Journal of Insurance Issues, 25 2 , Business and Economics Journal, 4 2 , PIN is not encrypted in the existing system Figure 4. The researcher therefore designed a framework to make information on next of kin a mandatory field as a prerequisite as provided in figure 4.

Baddeley, M. Breznik, L.

Analysis of electronic payment system

United States Agency International Development Understanding statistics in the behavioural sciences 4th ed. Research methodology in the behavioural sciences. Validity and Reliability of the Research Instrument The designed framework was run several times to ensure all loopholes identified were resolved. Google Scholar [16] H. According to Ghana Chamber of Telecommunications, mobile money operators in Ghana have recorded mobile money fraud cases in the year as against in the year In Ghana, the cash payment system which forms the bulk of the payments in the country involves carrying physical cash to make payments. The effect of electronic payment on customer service delivery in Nigerian banks. The study commenced with the gathering of relevant literature.

Keywords: Transactions, mobile money, traceability Introduction The world all over is witnessing an increase in electronic payment instruments to enhance the efficiency in business cycles Abor, Marketing on the internet - who can benefit from an online marketing approach?.

Cooper, D.

research methodology of electronic payment system

Llewellyn and C. Tahir, T.

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Regulatory issues in electronic money: A legalā€economics analysis