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                <text>Faculty Publications</text>
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    <name>Book Chapter</name>
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              <text>Savithri, M.; Vijayalakshmi, S.; SelvanGnanamonickam, A. Arul; Shobana, V.</text>
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          <name>Title</name>
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              <text>Smart and Secured Ways of E-Payment: Design of New Frameworks</text>
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          <name>Date</name>
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              <text>01-01-2025</text>
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              <text>Power Systems;Volume;Part F914;pp.419-433</text>
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          <name>Identifier</name>
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              <text>&lt;a href="https://doi.org/10.1007/978-3-031-89459-6_18" target="_blank" rel="noreferrer noopener"&gt;https://doi.org/10.1007/978-3-031-89459-6_18&lt;/a&gt; &lt;br /&gt;&lt;br /&gt;&lt;a href="https://www.scopus.com/pages/publications/105017993650?origin=resultslist" target="_blank" rel="noreferrer noopener"&gt;https://www.scopus.com/pages/publications/105017993650?origin=resultslist&lt;/a&gt;</text>
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              <text>Savithri M., Department of Data Science, Christ University, Bengaluru, India; Vijayalakshmi S., Department of Data Science, Christ University, Bengaluru, India; SelvanGnanamonickam A.A., Department of Software Systems, KG College of Arts and Science, Coimbatore, India; Shobana V., Department of Computer Science with Cyber Security, Dr. N.G.P. Arts and Science College, Coimbatore, India</text>
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              <text>The rapid development in technology and the rapid growth of e-commerce have paved the way for changes in the method of payment. It also gave rise to various hazards while making the e-payment when compared to the normal or standard payment methods it is necessary to make a secured payment. Various initiatives are taken by the government for providing a secure payment system which will be more useful for all the commercial activities done through online. Already various e-payment systems are used by the consumers for paying the amount for the materials purchased. The increasing need of foreign exchange with an effective and efficient electronic payment system is required for making the low value payment. The framework that is been used in the global market and also in virtual marketplace require a complete legal structure which should also have impact on the economy of the mediaeval trade. Rapid development of e-commerce during the recent years has made more changes in the financial and non-financial transactions. In e-commerce, the payment gateway plays an important role in the exchange in ensuring that the transactions occur without any disputes and also maintains the security of the system. Most of the payment gateways used in the e-commerce are provided by rusted third party who will provide monetary information. Due to the increased use of e-commerce and online payment system, there is also any increase in security breaches during the past few years. So, it is necessary to build a new framework that will provide a secured platform for the e-payment system through which the consumers can directly connect to their merchants securely. Most of the third-party providers are also asking for the identity of the customers while making the payment which might even have change of loss of person information of the customer. The new framework should contain an improved security and the data collected should be confident, proper authentication method should be used, and availability of the data and integrity of the data should be maintained.  The Author(s), under exclusive license to Springer Nature Switzerland AG 2025.</text>
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              <text>Block chain; Contactless Payment; Crypto currency; Electronic Payment Systems; Encryption; Fraud Detection; Risk Management; Smart Payment; Two-factor Authentication</text>
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              <text>Springer Science and Business Media Deutschland GmbH</text>
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              <text>ISSN: 16121287;</text>
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              <text>Restricted Access; Hardcopy may be available in the library</text>
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