Commenced in January 2007
Frequency: Monthly
Edition: International
Paper Count: 1

electronic business mechanism Related Publications

1 Trust and Security in Electronic Payments: What We Have and Need to Know?

Authors: George Stephanides, Theodosios Tsiakis, George Pekos


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.

Keywords: Security, Trust, Electronic Payment, electronic business mechanism

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