Some credit card issuers provide a one-time-use credit card number as a more secure method of payment when it comes to internet transactions. Customers may receive a one-time use number by going online to the credit card company's website. Describe the benefits of utilizing this method over one that just uses a credit card number in place of it. Additionally, discuss its benefits and drawbacks in comparison to electronic payment systems that need authentication.
Some credit card issuers provide a one-time-use credit card number as a more secure method of payment when it comes to internet transactions. Customers may receive a one-time use number by going online to the credit card company's website. Describe the benefits of utilizing this method over one that just uses a credit card number in place of it. Additionally, discuss its benefits and drawbacks in comparison to electronic payment systems that need authentication.
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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Some credit card issuers provide a one-time-use credit card number as a more secure method of payment when it comes to internet transactions. Customers may receive a one-time use number by going online to the credit card company's website. Describe the benefits of utilizing this method over one that just uses a credit card number in place of it. Additionally, discuss its benefits and drawbacks in comparison to electronic payment systems that need authentication.
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