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Online Systems and Chips : Ruling over Transactions Different modern technologies patronize give us great benefits that made our lives easier . But everything well and remarkable will always spend a cent disadvantages that we in any case have to deal with . Examples of this modern engineering that contributed benefits for us is the online transactions and tab panelsElectronic Payment SystemSome costumers use electronic pay ashes for an profit transaction such as PayPal because nowadays , assurance card substance abusers be hesitant to provide ascribe card development over the internet due to pseudo of some unprincipled merchandisers . With this type of transactions it is more guaranteed that your reliance card discipline will only be provided to companies that provides electronic payment system such as PayPal a nd not to the merchant . There are also added features that PayPal call such as Buyer shelter Guarantee and you are entitled to a refund if you do not receive the promised goods from the verified vender . Other features are Free Automatic Account insurance policy and Bonus for write up ADDIN EN .CITE Munising .comMunising .comPayPal Payments2007 (Munising .com , 2007 happy cardA anticipant card is a modest card with embedded ready reckoner 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 cheer . From a simple lay , attending movies , buying groceries to a more complicated processes such as Electronic attain 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 . ge nerally , new separate are used as a stor! ed value and truth cards that is safer than cash payments . It can still serve as lock for E-mails and PCs , laboratory equipments and dispensers for drugs and library cards ADDIN EN .CITE potbelly .20041 143 invoicelogix Corp . yen Card Basics2004http / entanglement .smartcardbasics .com / great power .

html (Corp , 2004However , smart cards have also limitations that costumers exponent consider . The machine that the user would want to gain admission fee with should basically , have smart card reader to it . and , smart card technology are quiet valuable . You have to pay one by one for the smart card , the smart card reader , a PCMC IA-reader and also for the interface software . 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 wrong of initial loading during logs on , message signing and encoding 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 generous essay, order it on our website: BestEssayCheap.com

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