This study is carried out as the efforts to analyze the critical factors in the design of the electronic payment system From the stand point of the users and merchants, not only the critical factors of an electronic payment system that is convenient a...
This study is carried out as the efforts to analyze the critical factors in the design of the electronic payment system From the stand point of the users and merchants, not only the critical factors of an electronic payment system that is convenient and reliable to more efficient and secure design, but also the barrier factors involved such as the level of the transaction, product, information and technology has not been proved empirically. The purpose of this study is to present a model and test factors that influence the design of an electronic payment system. In the case of the actual purchase through the internet, the security issue must be resolved in the design of a payment system. The users are not confident about dealing with the transaction on the web. The main contribution of this study is to present a model for design of an electronic payment system and to offer the critical success factors in the design of the electronic payment system.