https://padlet.com/shikin1205/144_tuto9 EC Payment System en-us 2016-09-05 02:34:47 UTC 2016-09-05 03:45:51 UTC hello@padlet.com https://padlet.com/shikin1205/144_tuto9/wish/121527310 The credit and association and financial institution transitiong their tranditional credit card and debit card to multiapplication smart card.   
Benefit:
-they are often use to store more valueable.
-sensitive information (Eg:cash or medical record)
Debit:
The purchase used authority and stting and payment offline and online are similar.
Benefit:
-manual review method which sellers on staff to suspicious order.
-Fraund screens and automated decision model.]]> 2016-09-05 03:20:26 UTC https://padlet.com/shikin1205/144_tuto9/wish/121527310 https://padlet.com/shikin1205/144_tuto9/wish/121528316 (i)-authorisation: determine whether a budgets card is active and whether the customer has sufficient funds.
-settlement: transfering mony from the budgets to the merchants account.
(ii)-address verification system: detects fraud by comparing the address entered on a web page with the address information on file with the cardholder's issuing bank.
-card verification number: detects fraud by comparing the verification number printed on the signature strip on the back of the card with the information on file with the cardholder's issuing bank.
(iii)NO, because the transaction fee and interest fee is not comfortable for buying the gadget below $10.(prohibitive small transaction)]]> 2016-09-05 03:33:14 UTC https://padlet.com/shikin1205/144_tuto9/wish/121528316 https://padlet.com/shikin1205/144_tuto9/wish/121528406 Address verification system
~ detects fraud by comparing the address entered on a wed page with the address information on file with the cardholder's issuing bank.

Card verification number
~ detects fraud by comparing the verification number printed on the signature strip on the back of the card with the information on file with the cardholder's issuing bank]]> 2016-09-05 03:34:49 UTC https://padlet.com/shikin1205/144_tuto9/wish/121528406 https://padlet.com/shikin1205/144_tuto9/wish/121528476 a)~ authorization:: Determines whether a buyer's card is active and whether the customer has sufficient funds.
   ~settlement:: Transferring money from the buyer's to the merchant's account.

b)~Address Verification System (AVS):: Detect fraud by comparing the address entered on a web page with the address information on file with the cardholder's issuing bank.
~Card Verification number (CVN):: Detect fraud by comparing the verification number printed on the signature strip on the back of the card with the information on file with the cardholder's issuing bank.]]> 2016-09-05 03:35:41 UTC https://padlet.com/shikin1205/144_tuto9/wish/121528476 https://padlet.com/shikin1205/144_tuto9/wish/121528766 A) authorization 
Determines whether a buyer's card is active and whether the customer has sufficient funds.

B) Settlement
Transfering money from the buyer's to the merchant's account.]]> 2016-09-05 03:40:49 UTC https://padlet.com/shikin1205/144_tuto9/wish/121528766 https://padlet.com/shikin1205/144_tuto9/wish/121528937 My opinion is no,because the transaction fee and interest fee is not confortable for buying the gadget below rm 10]]> 2016-09-05 03:43:11 UTC https://padlet.com/shikin1205/144_tuto9/wish/121528937