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PRESENTATION
ON
An e-payment system facilitates the acceptance of
electronic payment for online transactions. It
includes payment for buying and selling goods or
services through the internet.
TYPES OF E-PAYMENT
BILLER
DIRECT
BANK
AGGREGATOR
ONLINE SHOPPING
BILL PAYMENT
ONLINE RESERVATION
FUND TRANSFER
MOBILE RECHARGE
1. ORDER PLACEMENT
2. REQUEST TO PAYMENT GATEWAY
3. REQUEST FOR CONFIRMATION TO BANK
4. BANK RESPONDS TO USER
5. FUND TRANSFER TO MERCHANT’S A/C
SPEED & CONVENIENCE
FLEXIBLE PAYMENTS
INCREASED SALES
IMPROVED MARKETING
REDUCED COSTS
ECOFRIENDLY
- INSECURITY
- PAYMENT SYSTEM COLLISION
- WEBSITE ISSUES
- NO PAPER BILL
- TAX EVASION
- NO PHYSICAL LOCATION
DISADVANTAGES OF E-PAYMENT
GOOGLE CHECKOUT
AMAZON PAYMENTS
RU PAY
PAYPAL
WESTERN UNION
CITIBANK
E-payment

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E-payment