Mr. Zaki has formed an Internet training company called FlashBits Training-Services Company to sell management based courses online. Each course costs $30, and students receive continuing education units (CEUs) based on the duration of the course and its level of difficulty. Zaki expects to sell about 100 courses each month during his first few years in operation. He would like to accept e-cash or digital cash as payment for the courses. Zaki is busy creating the online content and installing the course delivery software, so he hired you to investigate payment processing for the website.

Require:

1. Discuss briefly, why to use an e-cash? Justify your answer by listing down three reasons.
2. Explain the process, how an e-cash works. In your explan

Answer rating: 100% (QA)

Why Use ECash 1 Security and Anonymity Ecash transactions offer a high level of security reducing the risk of fraud and unauthorized access Additional... View the full answer