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Electronic Payment System

Electronic Payment System

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Published by Tejesh Surabathula
Electronic Payment System
Electronic Payment System

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Published by: Tejesh Surabathula on Mar 06, 2013
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03/06/2013

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{\sp{\sn fFilled}{\sv 1}}{\sp{\sn fillColor}{\sv 0}}{\sp{\sn fLine}{\sv 1}}{\sp{\sn lineColor}{\sv 0}}{\sp{\sn lineType}{\sv 0}}{\sp{\sn fArrowheadsOK}{\sv 0}}{\sp{\sn fBehindDocument}{\sv 1}}{\sp{\sn fLayoutInCell}{\sv 1}}}}{\shp{\*\shpinst\shpleft2133\shptop12973\shpright10826\shpbottom13000\shpfhdr0\shpwr3\shpwrk0\shpfblwtxt1\shplid2033\shpz5\shpbxpage\shpbypage{\sp{\sn shapeType}{\sv 0}}{\sp{\sn fFlipH}{\sv 0}}{\sp{\sn fFlipV}{\sv 0}}{\sp{\sn rotation}{\sv 0}}{\sp{\sn geoRight}{\sv 8693}}{\sp{\sn geoBottom}{\sv 27}}{\sp{\sn shapePath}{\sv 4}}{\sp{\sn pVerticies}{\sv 8;5;(0,0);(0,13);(8693,13);(8693,0);(0,0);}}{\sp{\sn pSegmentInfo}{\sv 2;12;16384;45824;1;45824;1;45824;1;45824;1;45824;24577;32768}}{\sp{\sn fFillOK}{\sv 1}}{\sp{\sn fFilled}{\sv 1}}{\sp{\sn fillColor}{\sv 0}}{\sp{\sn fLine}{\sv 1}}{\sp{\sn lineColor}{\sv 0}}{\sp{\sn lineType}{\sv 0}}{\sp{\sn fArrowheadsOK}{\sv 0}}{\sp{\sn fBehindDocument}{\sv 1}}{\sp{\sn fLayoutInCell}{\sv 1}}}}\paperw12240\paperh15840\margl0\margr0\margt26\margb0\cols3\colno1\colw2160\colsr-0\colno2\colw8560\colsr-0\colno3\colw1520\pard\li0\ri0\sl-213\slmult0 \fs24\cf2\f0\charscalex100\i {www.jntuworld.com}\i0 \par\column\pard\li533\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li533\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li533\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li533\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li533\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li533\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li533\ri0\sl-413\slmult0 \fs22\cf0\f0\charscalex100\b {CS0106 }\b0 \par\pard\li2826\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li2826\ri0\sl-426\slmult0 \fs26\cf0\f0\charscalex100\b {Electronic Payment System }\b0 \par\pard\li2053\ri0\sl-320\slmult0 \fs26\cf0\f0\charscalex100\b {An Implementation through Cryptography }\b0\par\pard\li0\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li0\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li0\ri0\sl-480\slmult0 \fs16\cf0\f0\charscalex100\b {1}\b0 \fs18\cf0\f0\charscalex100\b {. Ms M.NIKITHA}\b0 \fs16\cf0\f0\charscalex100\b {2. }\b0 \fs24\cf0\f0\charscalex100\b {Ms.}\b0 { }\fs22\cf0\f0\charscalex100\b {PRAGNYA }\b0 \par\pard\li0\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li0\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li0\ri0\sl-520\slmult0 \fs26\cf0\f0\charscalex100\b {Abstract: }\b0 \par\column\pard\li0\ri0\sl-253\slmult0 \fs24\cf2\f0\charscalex100\i {www.jwjobs.net}\i0 \par\pard\sect\sectd\sbknone\pard\li3600\ri0\sl-386\slmult0 \fs22\cf0\f0\charscalex100 {The modern world of computers and networking demands the use of an }\fs22\cf0\f0\charscalex100\b {Electronic }\b0 \par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100\b {payment system}\b0 \fs22\cf0\f0\charscalex100 { instead of paper cash. The type of electronic paymentsystem focused on this }\par\pard\li2160\ri0\sl-280\slmult0 \fs24\cf0\f0\charscalex100 {paper is }{ }\fs24\cf0\f0\charscalex100\b {digital cash}\b0 \fs24\cf0\f0\charscalex100 {. The digital cash system has several features like security, maintenance of }\par\pard\li2160\ri0\sl-253\slmult0 \fs20\cf0\f0\charscalex100 {security, portability, divisibility, wide acceptability etc. The main advantage of digital cash is that it is }\par\pard\li2160\ri0\sl-280\slmult0 \fs24\cf0\f0\charscalex100 {convenient to use and takes less time for transaction. The variouskey features, advantages and }\par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\
 
charscalex100 {disadvantages of digital cash are discussed in this paper. The implementation of digital cash }\par\pard\li2160\ri0\sl-266\slmult0 \fs20\cf0\f0\charscalex100 {system can be done either offline or online. It canbe done in a traceable or untraceable fashion. A }\par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100\b {traceable digital cash system}\b0 \fs22\cf0\f0\charscalex100 { is the one in which the path of transaction is known to the bank. }\par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100 {Where as }{ }\fs22\cf0\f0\charscalex100\b {untraceable digital cash system}\b0 \fs22\cf0\f0\charscalex100 { is the one, which is like paper money that can\uc1\u8217Xt be}\par\pard\li2160\ri0\sl-266\slmult0 \fs22\cf0\f0\charscalex100 {traced by thebank. Categories of digital cash are also discussed here. The general modes of }\par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100 {digital cash like online and offline with their pros and cons are disused here. The public key }\par\pard\li2160\ri0\sl-280\slmult0 \fs20\cf0\f0\charscalex100 {cryptography is the basic concept used in providing the security.This paper also discuses the way }\par\pard\li2160\ri0\sl-266\slmult0 \fs22\cf0\f0\charscalex100 {in which the digital cash can be made possible, and the protocols that are required for it. }\par\pard\li2160\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li2160\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li2160\ri0\sl-213\slmult0\fs18\cf0\par\pard\li2160\ri0\sl-373\slmult0 \fs28\cf0\f0\charscalex100\b {Keywords: }\b0 \fs22\cf0\f0\charscalex100\i {Elimination, barriers, substantial, laundering. }\i0 \par\pard\li2160\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li2160\ri0\sl-360\slmult0 \fs28\cf0\f0\charscalex100\b {Conclusion: }\b0 \par\pard\li2880\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li2880\ri0\sl-386\slmult0 \fs20\cf0\f0\charscalex100 {The elimination of physical cash from our economy is alreadyfeasible from a purely }\par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100 {technological perspective. The economic barriers are also disappearing, though a substantial }\par\pard\li2160\ri0\sl-266\slmult0 \fs22\cf0\f0\charscalex100 {additional investment in equipment and cards would be neededto permit even purchases such soft }\par\pard\li2160\ri0\sl-280\slmult0 \fs20\cf0\f0\charscalex100 {drinks to be made..But transactional privacy wil beat the heart of the government's attack on }\par\pard\li2160\ri0\sl-266\slmult0 \fs22\cf0\f0\charscalex100 {digital cash. Because it\uc1\u8217Xs untraceable, the government concerns about money laundering, offshore }\par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100 {banking and tax havens, and hasbeen closely monitoring developments of digital cash. }\par\pard\li2160\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li2160\ri0\sl-426\slmult0 \fs20\cf0\f0\charscalex100 {1.III/IV, C.S.E2.III/IV, C.S.E }\par\pard\sect\sectd\sbknone\cols2\colno1\colw7853\colsr-0\colno2\colw4386\pard\li2320\ri0\sl-266\slmult0 \fs22\cf1\f0\charscalex100\ul {nikita_chinnu@yahoo.co.in}\ul0 \par\pard\li2160\ri0\sl-280\slmult0 \fs22\cf0\f0\charscalex100 {P.R.R.M Engg Col ege }\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0\fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-213\slmult0 \fs18\cf0\par\pard\li5146\ri0\sl-320\slmult0 \fs24\cf2\f0\charscalex100\i {www.jntuworld.com}\i0 \par\column\pard\li0\ri0\sl-266\slmult0 \fs22\cf1\f0\charscalex100\ul {pragnya_Gemini@yahoo.co.in}\ul0 \par\pard\sect\sectd\sbknone\pard\sect\sectd\sbkpage{\shp{\*\shpinst\shpleft2160\shptop1720\shpright3653\shpbottom1746\shpfhdr0\shpwr3\shpwrk0\shpfblwtxt1\shplid2034\shpz0\shpbxpage\shpbypage{\sp{\sn shapeType}{\sv 0}}{\sp{\sn fFlipH}{\sv 0}}{\sp{\sn fFlipV}{\sv 0}}{\sp{\sn rotation}{\sv 0}}{\sp{\sn geoRight}{\sv 1493}}

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