@article{(Open Science Index):https://publications.waset.org/pdf/14083, title = {Trust and Security in Electronic Payments: What We Have and Need to Know?}, author = {Theodosios Tsiakis and George Stephanides and George Pekos}, country = {}, institution = {}, abstract = {The growth of open networks created the interest to commercialise it. The establishment of an electronic business mechanism must be accompanied by a digital-electronic payment system to transfer the value of transactions. Financial organizations are requested to offer a secure e-payment synthesis with equivalent levels of trust and security served in conventional paper-based payment transactions. The paper addresses the challenge of the first trade problem in e-commerce, provides a brief literature review on electronic payment and attempts to explain the underlying concept and method of trust in relevance to electronic payment. }, journal = {International Journal of Economics and Management Engineering}, volume = {1}, number = {5}, year = {2007}, pages = {118 - 121}, ee = {https://publications.waset.org/pdf/14083}, url = {https://publications.waset.org/vol/5}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 5, 2007}, }