#24unit 2e commerce payment system

Introduction

Overview of electronic payment systems.

3D Learning World

Interactive Visualizations

Topic Diagrams

E-commerce payment systems landscape

Traditional systems adapted online versus new online and mobile alternatives.

E-commerce Pa…Traditional (…Alternative o…Mobile / P2PCredit / Debi…Checking / e-…Stored value …Digital walle…Digital cash …NFC (Apple/An…P2P (Venmo)

E-commerce payment systems split into three branches: traditional systems adapted online (credit/debit cards, checking/e-checks), alternative online systems (stored value like PayPal, digital wallets, digital cash like Bitcoin), and mobile/P2P systems (NFC wallets such as Apple Pay and Android Pay, and peer-to-peer services like Venmo).

Explanation: E-commerce payment systems split into three branches: traditional systems adapted online (credit/debit cards, checking/e-checks), alternative online systems (stored value like PayPal, digital wallets, digital cash like Bitcoin), and mobile/P2P systems (NFC wallets such as Apple Pay and Android Pay, and peer-to-peer services like Venmo).