A one-time-use credit card number is provided by various credit card issuers as an additional layer of security for electronic payments. When a customer connects to the credit-card company's Web site, they will get a one-time-use number. Make a case for the benefits of using a system like this in compared to the usage of normal credit card numbers. Discuss its pros and downsides in compared to other electronic payment systems that need authentication, as well as other payment methods.
A one-time-use credit card number is provided by various credit card issuers as an additional layer of security for electronic payments. When a customer connects to the credit-card company's Web site, they will get a one-time-use number. Make a case for the benefits of using a system like this in compared to the usage of normal credit card numbers. Discuss its pros and downsides in compared to other electronic payment systems that need authentication, as well as other payment methods.
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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A one-time-use credit card number is provided by various credit card issuers as an additional layer of security for electronic payments. When a customer connects to the credit-card company's Web site, they will get a one-time-use number. Make a case for the benefits of using a system like this in compared to the usage of normal credit card numbers. Discuss its pros and downsides in compared to other electronic payment systems that need authentication, as well as other payment methods.
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