An E-check Framework for Electronic Payment Systems in the Web Based Environment

Abstract

The explosion of Internet and World Wide Web is rapidly changing the way the business transactions are carried out and it is emerging as a medium through which the goods and services are being provided to the customers. One of the main bottlenecks in the growth of E-Commerce is lack of suitable Payment Instrument and corresponding Electronic Payment System. To enable the E-Commerce to gain wide acceptance the secure electronic payment capabilities must be built up into the system. In real commercial transactions the payments can be token or notational. There are some attempts to build up both types of payments in E-Commerce transactions. In the paper, we have presented the architecture for E-Check and a trust model for secure transactions to support Electronic Payment System over Web. We have also discussed the protocols for the implementation of E-Check. Finally, the framework to support Electronic Payment Systems and related issues are presented. The proposed framework ensures the secure payment capabilities using E-Check that can be built up in E-Commerce environment in more effective manner.