Several credit card firms now provide one-time-use credit card numbers to secure electronic payments. The one-time-use number is available on the credit card issuer's website. What advantages does this system have over traditional credit card number use? Why use this approach instead of an electronic payment gateway?
Several credit card firms now provide one-time-use credit card numbers to secure electronic payments. The one-time-use number is available on the credit card issuer's website. What advantages does this system have over traditional credit card number use? Why use this approach instead of an electronic payment gateway?
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Ralph Stair, George Reynolds
Chapter8: Electronic And Mobile Commerce
Section: Chapter Questions
Problem 10RQ
Related questions
Question
Several credit card firms now provide one-time-use credit card numbers to secure electronic payments. The one-time-use number is available on the credit card issuer's website. What advantages does this system have over traditional credit card number use? Why use this approach instead of an electronic payment gateway?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Information Systems (MindTap Course…
Computer Science
ISBN:
9781285867168
Author:
Ralph Stair, George Reynolds
Publisher:
Cengage Learning
Principles of Information Systems (MindTap Course…
Computer Science
ISBN:
9781285867168
Author:
Ralph Stair, George Reynolds
Publisher:
Cengage Learning