• International Commerce and Information Review
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• v.9 no.1
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• pp.149-168
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• 2007

e-Trade Payment system has been transformed by quickly and effectively. The e-trade Payment system such as TradeCard System, Bolero Surf, Identrus Eleanor and e-Escrow and e-letter of Credit issued by SWIFT System enable partly sellers, buyers and service providers. This paper studies for SWIFT, Surf, TradeCard, Eleanor, e-Escrow as international trade payment, As reason following : The First, Bolero is a neutral secure platform enabling paperless trading between exporter, importer, and their logistics service and bank partners, insurance company. The Second, TradeCard is to manage procurement-to-payment worldwide, that is exporter, importer and connected partners, paperless platform. The Third, Identrus is the global leader in trusted identity solutions, recognized by global financial institutions, commercial organizations and bank partners around the world. The Forth, Escrow payment have effect to L/C issue and enter into electronic contracts in internet bank. Trader practice use Escrow Bank as the same bank that rules to Issuing Bank and Advising Bank and payment, acceptance. This paper of these electronic payment have studies new international trade payment to approach such as eUCP rules and TradeCard System, Surf of bolero, eleanor of Identrus, SWIFT.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.33 no.4
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• pp.130-137
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• 2010

This paper analyzes the main factors affecting user selection of a small-sum electronic payment system using survey data of 396 users. Several findings emerge. First, users consider three pillars and eight factors in adopting a new system : system features(stability, security, and flexibility), transaction cost(payment commission and settlement period), and financial capability of provider(stability of financial structure, risk management capability, and funding capability). Second, the stability of the financial structure of the system provider is the most important factor to user acceptance of a new e-payment system. Users tend to consider uncertainty risk more seriously than transaction cost. This reflects the reality that electronic payment system service industry has not fully fledged yet. Third, some moderating effects exist according to payment methods and business usages. As for payment methods, speedy settlement cycle for wired/wireless phone payment, system stability for credit card and account transfer payment, and security for advance payment means are crucial factors. As for business usages, the stability of financial structure for online game content, system stability for music and video content, proxy payment commission for e-learning content, flexibility of the payment system for digital adult content, and security for public services are decisive ones.

• The Journal of Society for e-Business Studies
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• v.4 no.2
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• pp.81-94
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• 1999

This paper shows the architecture of IPS(Intermarket Payment System), an implementation of the electronic payment function for internet-shopping merchant system. Because the original purpose of commerce transaction is the exchange of money for goods or services, it is very important to prepare an exchangeable economic value or method. The electronic payment system is the hardware or software or both to process an electronic payment transaction. It has two type, the broker type and the electronic value type. The broker type means an intermediator between real bank network and internet commerce transaction. The electronic value type means a substitute for money in the real world. This paper shows the architecture and the function to implement the broker type electronic payment system. The system has two parts. One is the mediator part to support multiple payment systems and to offer common access methods for merchant system database. The other is the executor part to implement the payment protocol and to process payment transaction.

• Proceedings of the Korea Society for Industrial Systems Conference
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• 2002.06a
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• pp.433-445
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• 2002

This study is to consider the current status of e-payment of local tax, one of the e-business models between Government and Customers(G2C) which is designed for the implementation of e-Government, and to present the activated policy for e-payment of local tax. For the survey, the complete enumeration is conducted through the questionnaire survey with those people who have used the e-payment tax system in C county and interview with those officials who are in charge of tax affairs in 232 local autonomies in Korea. As the system introduction status is viewed, the e-payment of local tax system is operated in 196 cities and counties in nation-wide but it has shown big differency in the extent of utilization according to regions. And the way of system operation is varied and the age bracket of those users is mainly comprised of 30's. In sum, a severe gap among taxpayer's age group, regional difference, and the lag of information in the system infra is appeared. But users consider this system to be settled as a new tax-payment system, and the good prospect is anticipated. As an activating policy for the e-payment of local-tax, some measures-providing incentives to those users of e-payment of tax system, improving the operating system, and enhancing the information education for taxpayer's-are needed to be taken. Hereafter, in-depth study on the e-payment tax system which is planned for the realization of e-Government is expected through a more systematic and scientific approach to this field.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.385-388
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• 2020

At present, the payment system in Thailand changes from a paper-based system to a cashless payment system. A coin has its two sides, so the cashless payment has its advantages and disadvantages. This article describes the general advantages and disadvantages of a cashless society in Thailand in the COVID-19 situation. The cashless payment in Thailand consists of credit cards, automated teller machines, direct debit, mobile/Internet banking, e-Wallet, PromptPay, and QR code. The cashless payment is able to assist the government for tax collection accuracy and facilitates users to make financial transactions more transparent and efficient. In addition, the cashless system provides benefits to businesses in which they are able to increase sales and expand business by providing convenient, safe and faster services to customers in making payment for goods/services. It assists businesses to save time and cost of cash management and reduce the paperwork. The cashless payment made the life of students, housewives, and elderly people very easy to carry out financial transactions and there is no need to meet the financial institution staff. This payment system needs advanced technology system skills, a smartphone, and a technology facility. Finally, the cashless payment can reduce the spreading of COVID-19.

• Health Policy and Management
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• v.33 no.4
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• pp.379-388
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• 2023

This study aims to propose the implementation of innovative payment models in Korea in order to promote the financial sustainability of the national health insurance system by reviewing the current status of the payment system in Korea and examining other countries' experiences with various innovative payment models. Korea primarily uses a fee-for-service payment system and additionally uses various payment systems such as case payment, per diem, and pay-for-performance. However, each payment system has its limitations. Many OECD (Organization for Economic Cooperation and Development) countries have pointed out the limitations of existing payment systems and have been attempting various innovative payment models (e.g., add-on payment, bundled payment, and population-based payment). Therefore, it is essential for Korea to consider innovative payment models, such as a mixed payment model that takes into account the strengths and weaknesses of each payment system, and to design and pilot these models. This process requires stakeholders to work together to build a social consensus on the implementation of innovative payment systems and to refine legal and systematic aspects, develop an integrated health information system, and establish dedicated organizations and committees. These efforts towards innovative payment models will contribute to developing a sustainable health insurance system that ensures the public's health and well-being in Korea.

• The Journal of Information Technology
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• v.6 no.1
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• pp.85-105
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• 2003

The study revealed that the companies are still reluctant to stop using document-based payment methods although they are aware the use of electronic payment system would reduce express and save time. Considering problems that are suggested in the conventional payment method, more companies will introduce and utilize the electronic payment system. Moreover, as the refined electronic payment system is essential in electronic trade, active studies on this field would greatly contribute to the development of electronic payment system. The prevailing settlement of international trade still relies on trading documents while the legal issues are not finalized for electronic bill of lading (B/L) and electronic bill. This research purpose on comparing some e-trading models in character and presenting the obstacles of e-trading activation and the solutions. e-trading models this research has studied are BOLERO, TradeCard, electronic L/C etc. Comparing characteristic points of the e-trading model in this article are as follows; 1)Access ways as a global e-trading model, 2)Structural and Functional characteristic, 3)Role as a global e-trading model, 5)Legal and Application issues in practice, 6)Security issues for Technology. But Further studies on this subject would be needed.

• The Journal of Society for e-Business Studies
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• v.7 no.1
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• pp.35-50
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• 2002

Recently, payment method is one of the most hot issues for transaction of contents in mobile and internet markets. Many kinds of mobile contents services are rapidly growing with the combination of internet application services. Payment method algorithms are demanded for the stable transaction between producer and consumer. Security protocol algorithms are widely adapted for mobile Platform terminals. In this Paper, we described security mechanism for the current wireless internet services and compared with the performance result. There are security protocols that based on java machine platform or WAP protocols. The system is based on J2ME technology for the java mobile platform. Based on this technology, a security system is proposed for the service of mobile commerce electronic payment. The system is designed for the stability of transaction so that it enables to apply into many kinds of internet payment system.

• The Journal of Society for e-Business Studies
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• v.4 no.1
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• pp.103-115
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• 1999

The electronic cash, an electronic equivalent of the real paper money, has been recently proposed as one of the various payment methods for electronic commerce. In this paper, we design an electronic cash payment system based on a new electronic cash payment protocol that can effectively provide full anonymity and avoid double-spending. The protocol is suitable for use as the electronic cash control or electronic cash database. The protocol support also security and electronic cash property.

• The KIPS Transactions:PartC
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• v.9C no.3
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• pp.351-358
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• 2002

Recently, personal business styles have been rapidly changed into e-business due to the rapid progress and deployment of Internet. As a result of the change, new and safe ways of payment such as electronic wallet, electronic money and electronic check have been developed and introduced. In this paper a secure and user-friendly payment method is addressed. One of most important reasons why newly developed safe payment methods are not widely used in e-business is lack of convenience for the users. On the other hand credit card based payment, which is traditional one, is the most prevailing due to the user-friendliness. However this payment also has some problem in sense of security. In this paper, we design and implement a secure credit card-based payment system using one-time credit information. The main features are "payment information must be new", "can use the old credit system", and "do not require client software".