Abstract:
The advent of the internet and World Wide Web has sparked a rapid increase in
the Net concepts of shopping online that helps us to develop personalized
shopping experiences that put the information your customers need within easy
reach.
The goal of this research project is to develop a system to manage the secure,
verifiable transfer of value from a payer to a payee in an integrated manner over
the Internet .As part of this project, we will be designing and coding the
information flows and processes to support this integrated approach. The
creation or integration with the financial applications on the backend is also
included in the scope of this project.
The focus of this project is on the identification, design and implementation of
concepts and solution that can provide solid, reasonable security to support
electronic payments. The key areas that will be addressed are cryptography (for
confidentiality), web interface (for user access) and Database (for record
storage).There are a number of approaches and tools available for all three
research goals, and we will be assessing and implementing the most optimal
solution based on the minimization of false negatives, false positives and cost,
and the maximization of usability and convenience.
To enhance the mechanism of online shopping a different mode of
payment method has been developed. The revolution in telecommunication
system actually promotes the payment method of purchasing and selling
products on online. The evolution of scratch card system in the history of internet online shopping is divulged as the leading phenomenon. Fixed amount of
different cards are published by the company having unique numbers have
played a unanimous role especially for those customers who lived in remote
areas. The purchasers of these cards are either shopkeepers or general public.
