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Protection Against Fraud In Electronic Trade Payments

Author

Listed:
  • Michal Stojanov

    (University of Economics)

Abstract

The past decades have seen continuous advancements of information and communication technologies that have substantially altered economy on a local, national and global scale. The employment of these technologies creates and tranfers to economic entities significant economic and social effects, yet it poses serious challenges to the security of the digital environment. An increasingly complicated issue is that of unlawful activities with payment transactions in trade. This paper reviews the nature of crimes related to payments in the physical and the digital environment; the characteristics of different technological means of safeguarding online payments, as well as some opportunities for improving the safety of individuals when using the Internet to make commercial payments.

Suggested Citation

  • Michal Stojanov, 2019. "Protection Against Fraud In Electronic Trade Payments," Economics 21, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 48-66.
    • Handle: RePEc:dat:econ21:y:2019:i:1:p:48-66
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    File URL: http://hdl.handle.net/10610/4138
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    More about this item

    Keywords

    electronic payments; security tokens; electronic signature; biometric data; HTTPS;
    All these keywords.

    JEL classification:

    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law

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