2. Traditional System
Cash
Checking Transfer
Credit Card
Stored Value/Debit Card
Make payment over on
Internet or we can say
online payment.
Online/New System
4. “Based on value of
transaction”
Consumer payments
Business payments
Micro payments
Post payments
Instant payments
Pre payments
“Based on the time the seller
receives the money”
5. Online credit card
Payment system.
Consumer
Consumer’s card issuing
bank
Merchant
Merchant Bank
Intermediate clearing
house
Credit card transaction’s
limitation
Security issue
Privacy
Not affordable for small
transaction
6. Debit card payments
Immediately money
transferred
More trust from
merchant
Security
Payment can be restricted
by bank
7. We all are carrying wallet in
physical form but when we are
carrying wallet in a digital form
called digital wallet.
This type of transaction method
invented for solving a problem to
make transaction to fast
A digital wallet our personal and
financial information and
supplying when it needed
A digital wallet consist of two
component
Information
Software
• A digital wallet vender perform
as a intermediaries between E-
Business Organisation and
Customer
8. It is a online stored value
payment system
It facilitate us for all
currency and world wide
accepted
Most facility to pay
through Email
Its provide very simple
and safe payment
method
Advantage
Highly Secure
Use of leading
Technology
Encryption of
confidential
information
Firewall protected
Not connected directly
to Internet
Fraud Detection
9. Read Web site carefully
Read cookie reading
policy
See URL started with
https or not and make
payment when URL
started with https
Use virtual key board
Use incognito window in
browser
Insure merchant is
genuine
Enabled to get Email and
SMS on every transaction
10. A happy and Prosperous day to all friends.
This PPT presented By – Pawneshwar Datt Rai