A payment & receipt business model in U-commerce environment

Kyoung Jun Lee, Jeong-In Ju, Jeong Mu Jeong
2006 Proceedings of the 8th international conference on Electronic commerce The new e-commerce: innovations for conquering current barriers, obstacles and limitations to conducting successful business on the internet - ICEC '06  
The key to U-payment is convenience and security in the transfer of financial information. The purpose of this paper is to find a desirable U-payment scheme promoting seamlessness and privacy with a consumer device and peer-based information transactions. We also propose a new business model through digital receipt which is evidence of commercial decision making and transaction. We propose U-PR (Ubiquitous Payment and Receipt) business model and method as a way to make transactions seamless, secure and privacy protected.
doi:10.1145/1151454.1151507 dblp:conf/ACMicec/LeeJJ06 fatcat:ko5zudksbrep7azomtagsnnamy