Comparing and contrasting micro-payment models for e-commerce systems

Xiaoling Dai, J. Grundy, B. W N Lo

Research output: Chapter in Book/Report/Conference proceedingConference PaperResearchpeer-review

10 Citations (Scopus)

Abstract

The current macro-payment systems used by most e-commerce sites are not suitable for high-volume, low-cost produce or service purposes, such as charging per page for Web site browsing. These payment technologies suffer from the use of heavyweight encryption technologies and reliance on always-online authorisation servers. Micro-payment systems offer an alternative strategy of pay-as-you-go charging, even for very low-cost, very high-volume charging. However, several different micro-payment schemes exist, not all of which are suitable for all e-commerce uses. We compare and contrast several micro-payment models and outline a new micro-payment technology which we have been developing.

Original languageEnglish
Title of host publication2001 International Conferences on Info-Tech and Info-Net
Subtitle of host publicationA Key to Better Life, ICII 2001 - Proceedings
EditorsJunfeng Shi, Xia Lin, Y.X. Zhong
PublisherIEEE, Institute of Electrical and Electronics Engineers
Pages35-41
Number of pages7
ISBN (Electronic)0780370104, 9780780370104
DOIs
Publication statusPublished - 1 Jan 2001
Externally publishedYes
EventInternational Conferences on Info-Tech and Info-Net, ICII 2001 - Beijing, China
Duration: 29 Oct 20011 Nov 2001

Publication series

Name2001 International Conferences on Info-Tech and Info-Net: A Key to Better Life, ICII 2001 - Proceedings
Volume6

Conference

ConferenceInternational Conferences on Info-Tech and Info-Net, ICII 2001
CountryChina
CityBeijing
Period29/10/011/11/01

Keywords

  • E-commence
  • Micro-payment Protocol
  • Payword Chain

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