The concept of easy payment was examined in relation to ecommerce discussing how this impacts on customers as well as financial institutions and merchants (E- commerce operators). It was discovered that, despite the fact that easy payment strategy opens up vast opportunities for both customers and operators (merchants) benefit them at both ends, certain issues as regards the security and guarantee of transactions need to be looked into. The author conclude that it is vital for financial institutions as well as operators to try to come up with measures to safeguard their interest in the implementation of the easy payment system so as not to run into a loss.
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Sources: Rashad Yazdanifard , Igbanor Stephenie Esimhenor , Ajibola Olatunde Micheal and Arash pour
Seyedi
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