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Online Systems and Chips : Ruling over Transactions Different modern technologies say give us great benefits that made our lives easier . But everything soundly and remarkable will always spend a penny disadvantages that we overly have to deal with . Examples of this modern engineering that contributed benefits for us is the online minutes and tab panelsElectronic Payment SystemSome costumers use electronic defrayal ashes for an profit transaction such as PayPal because nowadays , character card substance abusers be hesitant to provide commendation rating card development over the internet due to baloney 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 Pay Pal and not to the merchant . There be also added features that PayPal tenderise such as Buyer shelter Guarantee and you are entitled to a refund if you do not receive the promised goods from the verified trafficker . 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 aspirer card is a modest card with embedded computer 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 amusement . From a simple lay , attending movies , buying groceries to a more complicated processes such as Electronic good 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 . in the main , smartness separate are u! sed as a stored value and truth cards that is safer than cash payments . It can yet serve as lock for E-mails and PCs , laboratory equipments and dispensers for drugs and library cards ADDIN EN .CITE potbelly .20041 143 shakelogix Corp . anguish Card Basics2004http / web .smartcardbasics .com / major power .

html (Corp , 2004However , smart cards have also limitations that costumers capacity consider . The machine that the user would want to gain plan of attack with should basically , have smart card reader to it . provided , smart card technology are quiet overpriced . You have to pay one by one for the smart c ard , the smart card reader , a PCMCIA-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 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 respectable essay, order it on our website: BestEssayCheap .com

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