The Secure Electronic Transaction protocol is used for a. credit card payment b. cheque payment c. electronic cash payments d. payment of small amounts for internet services

The Secure Electronic Transaction protocol is used for

a. credit card payment

b. cheque payment

c. electronic cash payments

d. payment of small amounts for internet services 
by

1 Answer

Answer :

a. credit card payment  
by

Related questions

In the NetBill’s protocol for small payments for services available in the internet. (i) the customer is charged only when the information is delivered (ii)the vendor is guaranteed payment when information is delivered (iii) the customer must have a certified credit card (iv) the customer must have a valid public key a. i, ii b. i, ii, iii c. i, ii, iii, iv d. i, ii, iv

Description : In the NetBill's protocol for small payments for services available in the internet. (i) the customer is charged only when the information is delivered (ii)the vendor is guaranteed payment when information is delivered  (iii) the customer ... , ii b. i, ii, iii c. i, ii, iii, iv d. i, ii, iv 

Last Answer : d. i, ii, iv

In NetBill’s protocol for small payments for internet services (i) Key to decrypt information is sent to customer by NetBill only when there is enough amount in debit account (ii) The vendor supplies the key to NetBill server when he receives payment (iii) Checksum of encrypted information received by customer is attached to his payment order (iv) Vendor does not encrypt information purchased by customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. i, ii, iv

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Last Answer : b. i, ii, iii 

In Electronic cash payment a. a debit card payment system is used b. a customer buys several electronic coins which are digitally signed by coin issuing bank c. a credit card payment system is used d. RSA cryptography is used in the transactions

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Last Answer : b. a customer buys several electronic coins which are digitally signed by coin issuing bank 

For carrying out C2C e-Commerce the following infrastructure is essential (i) World Wide Web (ii) Corporate network (iii) Electronic Data Interchange standards (iv) Secure Payment Services (v)Secure electronic communication link connecting businesses a. i and ii b. ii and iv c. i and iii d. i and iv

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Last Answer : c. i and iii  

For carrying out B2C e-Commerce the following infrastructure is essential (i) World Wide Web (ii) Corporate network (iii) Electronic Data Interchange standards (iv) Secure Payment Services (v) Secure electronic communication link connecting businesses a. i, iv b. i, iii, iv c. ii, iii d. i, ii, iii, iv

Description : For carrying out B2C e-Commerce the following infrastructure is essential  (i) World Wide Web  (ii) Corporate network  (iii) Electronic Data Interchange standards  (iv) Secure Payment Services  (v) Secure electronic communication link ... . i, iv b. i, iii, iv c. ii, iii d. i, ii, iii, iv

Last Answer : a. i, iv

For carrying out B2B e-Commerce the following infrastructure is essential: (i) World Wide Web (ii) Corporate network (iii) Electronic Data Interchange standards (iv) Secure Payment Services (v)Secure electronic communication link connecting businesses a. i, ii, iii b. ii, iii, iv c. ii, iii, iv, v d. i, ii, iii, iv, v

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In electronic cheque payments developed, it is assumed that most of the transactions will be a. customers to customers b. customers to business c. business to business d. banks to banks

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Last Answer : c. business to business

In cheque payment protocol, the purchase order form is signed by purchaser using a. his public key b. his private key c. his private key using his signature hardware d. various public keys

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Disadvantages of e-Commerce in India are (i) internet access is not universally available (ii) Credit card payment security is not yet guaranteed (iii) Transactions are de-personalized and human contact is missing (iv) Cyberlaws are not in place a. i and ii b. ii and iii c. i, ii, iii d. i, ii, iii, iv

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Last Answer : c. i, ii, iii  

In Electronic cash payment (i) a customer withdraws “coins” in various denominations signed by the bank (ii)the bank has a database of issued coins (iii) the bank has a database of spent coins (iv) the bank cannot trace a customer a. i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv

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The bank has to have the public keys of all customers in SET protocol as it has to a. check the digital signature of customers b. communicate with merchants c. communicate with merchants credit card company d. certify their keys

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Last Answer : a. check the digital signature of customers 

One of the problems with using SET protocol is a. the merchant’s risk is high as he accepts encrypted credit card b. the credit card company should check digital signature c. the bank has to keep a database of the public keys of all customers d. the bank has to keep a database of digital signatures of all customers

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In SET protocol a customer encrypts credit card number using a. his private key b. bank’s public key c. bank’s private key d. merchant’s public key

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EDI standard a. is not easily available b. defines several hundred transaction sets for various business forms c. is not popular d. defines only a transmission protocol

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In SET protocol a customer sends a purchase order a. encrypted with his public key b. in plain text form c. encrypted using Bank’s public key d. using digital Signature system

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(i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

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Certification of Digital signature by an independent authority is needed because a. it is safe b. it gives confidence to a business c. the authority checks and assures customers that the public key indeed belongs to the business which claims its ownership d. private key claimed by a sender may not be actually his

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