GROUP NO.

1
• Tehreem Ali • Arzoo Fatima
Roll No 50 Roll No 57
• Saif Ur Rehman • Arshia Masood
Roll No 43 Roll No 59
• Salman Arshad • Mirza Naveed Abbas
Roll No 30 Roll No 34
Prepaid Electronic
Payment System
 eCash
• eCash is a purely software based online
token payment system
• Use UNIX, Windows etc
• Bi-directional payments
 implementations
• Withdrawal
• Purchase
• Customer to customer
• Privacy protection
SAIF UL REHMAN
 Mondex
• Mondex purse is a smart card alternative
to cash
• It has self standing value store,
• Require no remote approval of individual
transaction
• Protected by password
 Hardware and implementation
• Smart card,
• mondex retailer terminal,
• mondex wallet,
• balance reader,
• mondex hotline,
• ATM
• transaction
SALMAN ARSHAD
 Milicent
• Proprietary of “digital microcommerce
system”
• Supports transaction 1/10th of a cent up to
$10 or more
• Uses scrip
• Valid with specific intermediaries
 implementation
• Transaction
MIRZA NAVEED ABBAS
 Netfare
• NetFare is an information access card that
operates like public access card.
• Operation
• Mechanism
 Cyber cash
• Cybercash founded in 1994
• Provides a means for secure financial
transactions over the internet
• Components are cybercash wallet,
merchant’s server, cybercash server
• Cyber Coin system