WEEK 13: Payment Systems for Electronic Commerce


In this chapter, you will learn:

-What the most common online payment systems are and how they function

-How payment cards are used in online retail transactions

-What stored-value cards are and how they are used in electronic commerce

-What challenges and opportunities are presented by the use of digital cash

-How digital wallets facilitate online transactions through computers and mobile devices

-How the banking industry uses Internet technologies

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