Electronic payment systems are rapidly increasing in banking, retail, health cares, on-line markets, and even government - in fact, anywhere money needs to change hands. Organizations are motivated by the need to deliver products and services more cost effectively and to provide a higher quality of service to customers. Electronic payment systems are becoming central to on-line business process innovation as companies look for ways to serve customers faster and at lower cost. Emerging innovations in the payment for goods and services in electronic commerce promise to offer a wide range of new business opportunities. Electronic commerce is providing a facility for people to do on-line shopping and do business transactions electronically9775459