Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Emerging Online E-Payment and Issues of Adoption

Emerging Online E-Payment and Issues of Adoption
View Sample PDF
Author(s): Qile He (University of Bedfordshire Business School, UK) and Yanqing Duan (University of Bedfordshire Business School, UK)
Copyright: 2009
Pages: 8
Source title: Encyclopedia of Information Science and Technology, Second Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-60566-026-4.ch216


View Emerging Online E-Payment and Issues of Adoption on the publisher's website for pricing and purchasing information.


Due to the rapid growth of e-commerce, the physical boundaries between parties in business transaction have been eliminated by the fast and convenient network connection. Nevertheless, most payment still has to be carried out offline by conventional methods. Over the last decade, a large number of online payment solutions have been developed, but many are still remained at the trial stage; while others are competing with each other; some even failed to reach a customer acceptance stage before developers quit the business. Reasons of slow acceptance are technological, but more importantly, societal. Developers are struggling in pushing increasingly secure and convenient technological solutions to the public. On the other side, users are seeking the balance between benefits and the risks of using online e-payment, which prolongs the process of wider acceptance. This article offers a brief introduction to typical online e-payment instruments and classifications of existing payment systems. It intends to provide researchers and developers with a clearer view on e-payment by comparing various existing systems. The article also attempts to shed light on the issue of social acceptance and adoption of online e-payment.

Related Content

Christine Kosmopoulos. © 2022. 22 pages.
Melkamu Beyene, Solomon Mekonnen Tekle, Daniel Gelaw Alemneh. © 2022. 21 pages.
Rajkumari Sofia Devi, Ch. Ibohal Singh. © 2022. 21 pages.
Ida Fajar Priyanto. © 2022. 16 pages.
Murtala Ismail Adakawa. © 2022. 27 pages.
Shimelis Getu Assefa. © 2022. 17 pages.
Angela Y. Ford, Daniel Gelaw Alemneh. © 2022. 22 pages.
Body Bottom