Basic HTML version of Foils prepared July 6 99

Foil 38 Payment on the Web (4)

From Security Infrastructure fo Electronic Commerce and Internet CPS714 Computational Science Information Track -- June 2 and June 7 99. by Roman Markowski
Internet Commerce Characteristics
  • Client (consumer, purchaser) trusts Client's bank (issuing bank)
  • Merchant (vendor) trusts Merchant's bank (acquiring bank)
  • Merchants are authenticated to Clients
  • Clients are authenticated to Merchants (user-ID /password, sometimes certificates)

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