Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Levels includes in E-Payment Software

By Alliedsoft Subscribe to RSS | January 2nd 2012 | Views:
loading
 
  



The simplicity of trading products on the Internet has facilitated the growth of e-business & E-Payment Software is a practical & competent solution to do financial proceedings. At the present moment e-payment techs depend upon using traditional methods which are predominant to non-electronic systems.

On account of the quality of Internet, security & authenticity of payments & payors cannot be sure with the applications which are not deliberately designed for e-commerce. We need an E-Payment Software that would not only bestow with safe payments but should also have abilities like online customer & merchant certification, non-forgeable proof of transaction authorization by the customer to the merchandiser as well as to the bank.

An E-Payment Software normally includes the following levels:-

Registration:

This level incorporates the registration of the remunerator and the receiver with the issuer & receiver respectively. Most of e-payments designed require registration of payers and recipients with their following banks. Therefore there is an association between their identities & their bank accounts.

Invoice:

In this level, the receiver gets an invoice for payment from the recipient. This is carried out by surfing & selecting wares to purchase from the payee’s internet site. On the off chance of buys made via the internet or getting an electronic bill using some other transmission medium like e-mail. This level normally is executed in unsafe surroundings & generally left out while designing payment protocols. The significance of this stage is that, it sets up the compulsory & optional data variables that must be involved in a payment protocol.

Payment selection & processing:

In this level the payer selects the mode of payment for instance card based, e-cash, e-cheque & so on based on the mode of payment the recipient accepts. Based on the choice, the payer then sends the associated payment details like account number, unique identifiers of the payor to the recipient with accepted amount according to the invoice.

Payment authorization & confirmation:

In this level, the receiver on receiving payment information from the receiver passes the payment & issues a receipt constituting the success or failure of the payment to the receiver.

E-Payment Software has turn out to be more familiar it’s all because of increased use of net shopping. These softwares do not just prosecute Internet transaction, as there are more and more ways being formulated to assistant electronic money transfers. With the mounting technology, the scope of devices & procedures used to transact electronically continues to increase while the use of cash & check dealings is decreasing.

Alliedsoft - About Author:

More Detail:

E-Payment Software
talent management software
e-procurement software

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/advertising-articles/levels-includes-in-e-payment-software.htm

Related Advertising Articles Subscribe to RSS

IB, IB Corporation, Troyee, Troyee Software, Troyee Business Solutionware, Business solution software, Accounting software,
Published by Markewse on December 24th 2011 | Business
IB Corporation is technologically driven software- Aided Business Consulting Firm decided to provide...
 
Benefits incorporated in E-payment software
Published by Alliedsoft on December 16th 2011 | Advertising
E-payment systems are software systems that endow on-line credit card processing. Through E-payment ...
 
E-Procurement Software is secure software for businesses
Published by Nairapost on December 16th 2011 | Business
Today, several large businesses have begun to develop eProcurement Software schemes, merely like bus...
 
Tips for selecting Hoteling software for your Hotel
Published by Julia Roger on August 25th 2012 | Business
It is always good to purchase hoteling software for your hotel and make the management of the hotel ...
 
The survey software is a powerful tool to help businesses understand more their clients in a cost effective way
Published by Jack on May 24th 2012 | Business
Online surveys have become the quintessential tools for businesses. Quantitative and qualitative ana...
 
E-procurement software got a lot of vantages
Published by Alliedsoft on December 16th 2011 | Business
There are several e-procurement service providers. Generally the service supplier handles the implem...
 
Tips for selecting Hoteling software for your Hotel
Published by Julia Roger on August 25th 2012 | Business
It is always good to purchase hoteling software for your hotel and make the management of the hotel ...
 
Corrugated packaging software
Published by Mary Porter on July 18th 2012 | Business
As a business owner you will be well aware of the importance of keeping an eye on your spending and ...
 
Tips for selecting Hoteling software for your Hotel
Published by Julia Roger on August 25th 2012 | Business
It is always good to purchase hoteling software for your hotel and make the management of the hotel ...
 
Fastrack Auto Loan specializes in bad credit auto financing options without any down payment
Published by Fastrack on February 20th 2012 | Advertising
Fastrack Auto Loan specializes in bad credit auto financing options without any down payment...
 
Payroll software helps to handle financial issues of the business
Published by Alliedsoft on January 10th 2012 | Business
Although, Payroll software has been formulated through payroll specialists plus is more technologica...
 
Inventory software for Fund Accounting – Florida Businesses Will Benefit
Published by Pedro Wells on August 4th 2012 | Business
Keeping track of finances can be incredibly difficult, particularly when you’re talking about fund...
 
Tamin Theodore Kim makes business success with his software development company
Published by Colbert Raynard on March 20th 2012 | Business
Athena Software Services, Inc., owned by Tamin Theodore Kim, is just one of the prestigious third-pa...
 
What is Document Assembly Software,document assembly software
Published by Julia Roger on May 15th 2012 | Business
Managing hundreds of official documents is undoubtedly one of the toughest and most irritating jobs ...
 
Buy the most suitable IP camera software——www.apexis.cc
Published by Guardlyer on March 12th 2012 | Business
This absolutely is just a ample overview of account of IP camera software. There are abundant adde...
 
Aryng’s Analytics Training in San Francisco takes professionals beyond Big Data software tools
Published by Piyanka Jain on February 10th 2012 | Business
Aryng’s upcoming analytics training for business professionals is going to be held in San Francisc...