Developing a Micropayments System in Local Area Networks

Cristian Georgescu ()
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Cristian Georgescu: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2011, 160-165

Abstract: Starting from the solution of aggregating micropayments in a local area network that operates with reduced costs, with simple and easy to use equipments, with security procedures that are not so complicated, based on the rapport between the cost of fraud and the expected value obtained through fraud, a first stage of developing this system has been accomplished and materialized in the analysis stage by using some of the diagrams put to use by UML.

Keywords: Electronic payments; Micropayments; Electronic money; Digital wallet; Local Area Network; Traceability; Informatics system; UML (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2011:p:160-165

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