Advantages and disadvantages of secure electronic transaction
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Advantages :
It is secure enough to protect user's credit-card numbers and personal information from attacks
Hardware independent
World-wide usage
Confidentiality of information
Integrity of data
Cardholder account authentication
Merchant authentication
Disadvantages :
User must have credit card
It is not cost-effective when the payment is small
None of anonymity and it is traceable
Network effect - need to install client software (an e-wallet).
Cost and complexity for merchants to offer support, contrasted with the comparatively low cost and simplicity of the existing SSL based alternative.
Client-side certificate distribution logistics.
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