Types of Requirements : A. What is functional requirements ? A functional requirement defines a function of a system or its component. A function is described as a set of inputs‚ the behavior‚ and outputs . Functional requirements may be calculations‚ technical details‚ data manipulation and processing and other specific functionality that define what a system is supposed to accomplish. B. What is Non-functional requirements ? A non-functional requirement is a requirement that specifies
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the On-line Payment System 2 Payment Service Providers 3 Credit cards 3 E-wallet 3 Online Bill Payments 4 Online Bank Transfers 4 PayPal 4 Benefits of using E-Payment: 6 Customer confidence in Payment systems 6 Reliable protection when using Payment Systems 7 How do customers benefit? 8 Drawbacks of On-line Payment Systems 10 Card Holder Based On Biometrics: 11 ONLINE BANKING SERVICES 12 Disadvantages of Banking Services 12 Small and Big companies in On-line Payment System 13 RISK 14
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UNIT - 3 Electronic Payment System Contents • What is E-payment? • Types of E-payment Systems • Digital Token-based Electronic Payment Systems • Smart Cards & Electronic Payment Systems • Credit Card-based Electronic Payment Systems • Risk & Electronic Payment Systems • Designing Electronic Payment System What is E-payment ? • E-payment systems is the mechanism of transferring money over the Internet and technology used in this transfer is called as EFT. • EFT defined as “ any transfer of fund initiated
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Analysis of Electronic Payment Systems Michael Buggs IT/205 12/7/2012 Mr. Kenneth Neveroski Analysis of Electronic Payment Systems There are three categories of e-commerce. You have Business-to-consumer which is businesses selling products and/or services to the general public through online catalogs using the shopping cart software. Business-to-business is when businesses sell goods and services to other businesses. Such an example would be fast food restaurants ordering their products from
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engineering (and System Engineering)‚ a functional requirement defines a function of a system or its component. A function is described as a set of inputs‚ the behavior‚ and outputs (see also software). Functional requirements may be calculations‚ technical details‚ data manipulation and processing and other specific functionality that define what a system is supposed to accomplish. Behavioral requirements describing all the cases where the system uses the functional requirements are captured in use
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Instructions One of the most common mistakes by new analysts is to confuse functional and nonfunctional requirements. Given the following list of requirements for a sales system: Requirements for the Proposed System The system should 1. Be accessible to Web users; 2. Include the company standard logo and color scheme; 3. Restrict access to profitability information; 4. Include actual and budgeted cost information; 5. Provide management reports; 6. Include sales information that is updated
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Many of us have become accustomed to electronic payment systems. These systems will continue to increase as businesses and banks present more opportunities to use them. Resource: Ch. 9 of Essentials of Management Information Systems Answer the following questions in 200 to 300 words: 1. Name and describe various categories of e-commerce. The three main categories of e-commerce are: • Business-to-Consumer (B2C) electronic commerce involves retailing products and services to individual
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(B2C) electronic commerce involves retailing products and services to individual shoppers. Business-to-business (B2B) electronic commerce involves sales of goods and services among businesses. Consumer-to-consumer (C2C) electronic commerce involves consumers selling directly to consumers. Compare and contrast electronic payment systems. Which type do you use most often? Which type is most applicable for organizations you interact with regularly? * The most common form of electronic payments
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ANALYSIS OF ELECTRONIC PAYMENT SYSTEM IT 205 SEPTEMBER 1 2011 ANALYSIS OF ELECTRONIC PAYMENT SYSTEM The three major types of electronic commerce are business-to-consumer (B2C)‚ business-to-business (B2B)‚ and consumer-to-consumer (C2C). Mobile commerce‚ or m-commerce‚ is the purchase of goods and services using handheld wireless devices. B2C or Business to Consumer‚ involves retailing products and services to individual shoppers. Barnesandnoble.com‚ which sells books‚ software‚ and music
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( Analysis of UML to Gather Non Functional Requirements Batool‚ A. Malik‚ Z. and Shabbir‚ S. Abstract— During the process of software development‚ gathering requirement is the very imperative task. Both functional as well as non functional requirements play an important role in building the quality software. Little work has been done in the field of gathering the non functional requirements. To reflect the FRs and NFR’s properly‚ a solid architectural foundation is needed. Modeling is the
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