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Chapter 11: Online Payment Systems by Mind Map: Chapter 11: Online  Payment Systems
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Chapter 11: Online Payment Systems

Payment Cards

all types of plastic cards that consumers use to make purchases

Types of Cards

Advantages

Disadvantages

Payment Processing

Electronic Cash

any value storage and exchange system created by a private entity that does not use paper documents or coins

Advantages

Disadvantages

Online Systems

Electronic Wallets

holds credit card numbers, electronic cash, owner identification, and owner contact information and provides that information at an electronic commerce site's check out counter

Server-Side

Client-Side

Information stored on clients' personal computers with various computer softwares

Smart Cards