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Online Systems and Chips : Ruling over Transactions Different modern technologies validate give us great benefits that made our lives easier . But everything good and remarkable will always spend a cent disadvantages that we likewise have to deal with . Examples of this modern engineering that contributed benefits for us is the online proceeding and tab panelsElectronic Payment SystemSome costumers use electronic payment ashes for an profit transaction such as PayPal because nowadays , identification card substance abusers be hesitant to provide faith card development over the internet due to tommyrot of some unprincipled merchandisers . With this type of transactions it is more guaranteed that your credit card discipline will only be provided to companies that provides electronic payment system such as PayPal and not to the merchant . There ar also added features that PayPal swirl such as Buyer shelter Guarantee and you are entitled to a refund if you do not receive the promised goods from the verified seller . Other features are Free Automatic Account restitution and Bonus for write up ADDIN EN .CITE Munising .comMunising .comPayPal Payments2007 (Munising .com , 2007 happy cardA aspirant card is a modest card with embedded data processor chip which can repositing data and process transactions . The transaction can be made through a computing system . This technology is used worldwide in applications like healthcare , situate transactions , transportation and fun . From a simple lay , attending movies , buying groceries to a more complicated processes such as Electronic make headway Transfer .It also provides added features and guarantor systems . sharp tease offer convenience and security of any(prenominal) transactions from security threats and system hacks . principa lly , smart cards are used as a stored val! ue and truth cards that is safer than cash payments . It can steady serve as lock for E-mails and PCs , laboratory equipments and dispensers for drugs and library cards ADDIN EN .CITE potbelly .20041 143 control panellogix Corp . intelligent Card Basics2004http / web .smartcardbasics .com / exponentiness .html (Corp , 2004However , smart cards have also limitations that costumers might consider . The machine that the user would want to gain feeler with should basically , have smart card reader to it . barely , smart card technology are quiet big-ticket(prenominal) . You have to pay one by one for the smart card , the smart card reader , a PCMCIA-reader and also for the interface packet . Charges are also given for the software license fee Some smart cards that are implemented perform slower compared to software-based tokens in Pentium-based PCs in cost of initial loading during logs on , message signing and encryption ADDIN EN .CITE Chadwick1999226David ChadwickSmart Cards Aren apos t Always the Smart Choice1999http /www .cs .kent .ac .uk /pubs /1999 /2116 /content .pdf (Chadwick , 1999Today , our way of living has always been in a fast- pace and dependent to technology . We must coping up to these changes through awareness and technological convergenceWorks CitedADDIN EN .REFLIST CHADWICK , D (1999 ) Smart Cards Aren t Always the Smart ChoiceCORP , C (2004 ) Smart Card BasicsMUNISING .COM (2007 ) PayPal Payments ONLINE SYSTEMS AND CHIPS page PAGE \ MERGEFORMAT 3...If you want to get a dependable essay, order it on our website: BestEssayCheap.com

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