iTEL
Electronic Payment is essential to online transactions. The emergence of e-commerce or e-business which is encouraged by advancement of Internet technology has forced the industry players to look for other new alternatives to fulfil the needs of electronic payment. In this course, a few electronic payment methods would be discussed including credit card based online payment, digital check, and digital cash, e-payment based on debit cards, smart cards, prepaid cards, pay-by-phone service and micropayments. Security is one of the major emphases in this course. The security requirements for e-payment or e-commerce such as message privacy, message integrity, authentication, authorization and non-repudiation will be discussed. The course is also attempting to give students the broad and comprehensive understanding in determining the risks for consumers and businesses that involved in electronic payment.