%0 Journal Article
	%A Theodosios Tsiakis and  George Stephanides and  George Pekos
	%D 2008
	%J International Journal of Computer and Information Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 21, 2008
	%T Considerations of Public Key Infrastructure (PKI), Functioning as a Chain of Trust in Electronic Payments Systems
	%U https://publications.waset.org/pdf/15212
	%V 21
	%X 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
level of security served in conventional paper-based payment
transactions. PKI, which is functioning as a chain of trust in security
architecture, can enable security services of cryptography to epayments,
in order to take advantage of the wider base either of
customer or of trading partners and the reduction of cost transaction
achieved by the use of Internet channels. The paper addresses the
possibilities and the implementation suggestions of PKI in relevance
to electronic payments by suggesting a framework that should be
	%P 3274 - 3281