Donal O'Mahony

Generally society has been moving towards electronic payment systems since the 1970s, but it is only the arrival of the Internet and its vertiginous growth, that has made possible the recent advances in this area.

Identifies various methods of transferring money over the Internet and explains how each system works, for professionals who use and implement electronic payment systems. Details systems including credit card-based systems, electronic checks and cash payments, and micropayment systems, and also overviews conventional payment systems, basic cryptographic techniques, and future directions of the industry. Of interest to researchers, consultants, and financial service providers. Assumes no knowledge of cryptography. Annotation c. by Book News, Inc., Portland, Or.