The Electronic Payment Systems Information Technology Essay.
The Bill of Rights is an official list of amendments, which defines the freedom that is owned by the citizens and the limits of the power of the federal government. Most importantly, the Constitution and the Bill of Rights help in dictating the rights and enhancing the law in cases pertaining to the violation of the freedom of rights. Therefore, the Bill of Rights forms the core basis of.
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The First Amendment “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.
Electronic Payment Systems Essay Electronic payment systems as a part of the e-business have already become an essential part of the people who are working with the help of Internet. Now, connected with e-banking they are making our lives more easier and providing additional services such as e-shops and e-bay buying, giving an opportunity to buy different goods under the lower price.
With all the benefits of electronic payment, it's no wonder that its use is on the rise. More than 12 billion ACH payments were made in 2004, a 20 percent increase from 2003 ().The 2004 Federal Reserve Payments Study noted that from 2000 to 2003, electronic payments grew as payment by check declined, which suggests that electronic payments are replacing checks.
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Online bill payment is also safer than the snail-mail method: Your personal information is much more vulnerable to theft if it's on paper and physically moving through the postal system. You can also use your credit card to pay all your bills, which can make it easier to keep track of financial matters -- and you can earn airline travel miles and other cash-based rewards while you're at it.