A STUDY ON THE AUTHENTICITY OF E-PAYMENT AND E-TRANSACTION SERVICES

Abstract

Electronic payment system may be a mode of payments over associate degree network like the web. Nowadays e-Payment systems became more and more widespread because of the widespread use of the web based mostly searching and banking. The exponential growth of e-payments and e-transactions is a boon to e-business which is prone to mishappening and many risks. The paper emphasises on how to maintain the authenticity of e-payments which can help in the reduction of risk susceptibility of online transactions. The research focuses on the untouched attempts and innovations of a satisfactory secured online transaction.This study suggests that there are some safety features like authentication, authorization, privacy and encoding will influence user’s perceptions of security for electronic transactions. The aim of the survey is to search for ways to enhance the security level of online payments and ensure its authenticity.