Emerging online e-payment and issues of adoption

Qile He, Yanqing Duan

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

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.
Original languageEnglish
Title of host publicationEncyclopedia of Information Science and Technology
EditorsM Khosrow-Pour
Place of PublicationHershey, USA
PublisherInformation Science Reference--IGI Global
Pages1366-1373
Number of pages7
Edition2nd
ISBN (Electronic)9781605660271
ISBN (Print)9781605660264, 1605660264
DOIs
Publication statusPublished - 2009

Fingerprint

Industry

Cite this

He, Q., & Duan, Y. (2009). Emerging online e-payment and issues of adoption. In M. Khosrow-Pour (Ed.), Encyclopedia of Information Science and Technology (2nd ed., pp. 1366-1373). Hershey, USA: Information Science Reference--IGI Global. https://doi.org/10.4018/978-1-60566-026-4.ch216

Emerging online e-payment and issues of adoption. / He, Qile; Duan, Yanqing.

Encyclopedia of Information Science and Technology. ed. / M Khosrow-Pour. 2nd. ed. Hershey, USA : Information Science Reference--IGI Global, 2009. p. 1366-1373.

Research output: Chapter in Book/Report/Conference proceedingChapter

He, Q & Duan, Y 2009, Emerging online e-payment and issues of adoption. in M Khosrow-Pour (ed.), Encyclopedia of Information Science and Technology. 2nd edn, Information Science Reference--IGI Global, Hershey, USA, pp. 1366-1373. https://doi.org/10.4018/978-1-60566-026-4.ch216
He Q, Duan Y. Emerging online e-payment and issues of adoption. In Khosrow-Pour M, editor, Encyclopedia of Information Science and Technology. 2nd ed. Hershey, USA: Information Science Reference--IGI Global. 2009. p. 1366-1373 https://doi.org/10.4018/978-1-60566-026-4.ch216
He, Qile ; Duan, Yanqing. / Emerging online e-payment and issues of adoption. Encyclopedia of Information Science and Technology. editor / M Khosrow-Pour. 2nd. ed. Hershey, USA : Information Science Reference--IGI Global, 2009. pp. 1366-1373
@inbook{2773297d32224e64a2b8e22578d1931a,
title = "Emerging online e-payment and issues of adoption",
abstract = "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.",
author = "Qile He and Yanqing Duan",
year = "2009",
doi = "10.4018/978-1-60566-026-4.ch216",
language = "English",
isbn = "9781605660264",
pages = "1366--1373",
editor = "M Khosrow-Pour",
booktitle = "Encyclopedia of Information Science and Technology",
publisher = "Information Science Reference--IGI Global",
edition = "2nd",

}

TY - CHAP

T1 - Emerging online e-payment and issues of adoption

AU - He, Qile

AU - Duan, Yanqing

PY - 2009

Y1 - 2009

N2 - 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.

AB - 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.

U2 - 10.4018/978-1-60566-026-4.ch216

DO - 10.4018/978-1-60566-026-4.ch216

M3 - Chapter

SN - 9781605660264

SN - 1605660264

SP - 1366

EP - 1373

BT - Encyclopedia of Information Science and Technology

A2 - Khosrow-Pour, M

PB - Information Science Reference--IGI Global

CY - Hershey, USA

ER -