Author(s): Dinesh Kumar S and Logeswari T

Abstract: Being able to take payments online is becoming more and more crucial for businesses as online transactions continue to grow and become more common in the global economy. This article assesses the literature and offers up-to date information for lecturers and IS researchers who are interested in electronic commerce. The traditional, person-to-person, and third-party facets of ecredit issuers are examined in this study, along with an explanation of how each system handles a single transaction. After that, we evaluate a number of industry leaders and compile a list of each company’s advantages and disadvantages. We outline the choices that are most appropriate for internet businesses and offer advice on how to choose an e-credit supplier. We conclude with a summary of possible directions for further study. Last but not least, we offer brief instructions for creating a business account with PayPal's Payments Standard website as an example of an online payment provider and suggest possible directions for further study. Keywords include merchant accounts, shopping carts, PtPayment procedures, ecommerce, ecredit, online payment systems, payment gateways, and education.One instance of an online payment system.

DOI: 10.22271/27891607.2024.v4.i2d.237

Pages: 276-280 | Views: 26 | Downloads: 14

Download Full Article: Click Here