General Information

Course Duration
3 hours

Audience
A wide range of information technology (IT) professionals and business managers, including departmental managers, webmasters, IT managers, intranet/extranet/Internet consultants and system integrators

Prerequisites
The courses E-commerce: An Introduction, E-commerce: A Framework, E-commerce: Security Considerations, familiarity with the World Wide Web, the Internet, and web architecture

Topics Covered

• Payment systems requirements
• From First Virtual to SET

• Securing electronic transactions
• SET features
• Exercise: Components of a SET transaction

• Digital cash
• Electronic checks
• Credit card systems

Course Aim

To provide an overview of the development of consumer to business payment methods and examine the different applications available in today's e-commerce

Learning Objectives

After taking this course, the student should be able to

• describe the characteristics of successful payment systems
  
  
• describe the evolution of modern electronic payment protocols
  
  
• describe the main e-commerce payment protocols
  
  
• examine the effect of the SET protocol on payment card purchases over the Internet and to identify the parties involved in an online purchase
  
  
• discuss the role of digital certificates in secure electronic transactions
  
  
• explain how to establish a SET account
  
  
• describe the stages of a typical SET transaction
  
  
• list the business requirements addressed by SET
  
  
• dentify the components of a SET transaction
  
  
• describe different online payment systems
  
  
• outline the features of digital cash systems
  
  
• describe the features of electronic checks and electronic check systems
  
  
• describe the features of online credit card systems