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Online Payment – Innovation in Split Tender Payment

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Online Payment – Innovation in Split Tender Payment
International Journal of Computer Applications (0975 – 8887) Volume 55– No.10, October 2012

Online Payment – Innovation in Split Tender Payment
R Nagasubramanian
Research Scholar, Vels University, Plot 2A, Andavar Street, Ganapathy Puram, Chrompet, Chennai – 600 034

S.P.Rajagopalan, PhD. GKM College of Engineering & Technology, Chennai- 600 063, India

ABSTRACT
Online Payment is the fastest and secured way of making payments for various purposes like making utility payments, transferring funds and making purchases online. This paper will help to uncover few important value adding features in Split tender payment method which will increase the utility and make it user friendly.

General Terms
This paper talks about a very niche area – online payment gateway and the improvement in existing features which will make it more efficient and user friendly.

Keywords
Online Payment, Split Tender Payment, Multi source Payment, Privacy, performance, vulnerability, PCI DSS.

of technical and operational requirements designed to protect cardholder data. PCI DSS applies to all entities involved in payment card processing – including merchants, processors, acquirers, issuers, and service providers, as well as all other entities that store, process or transmit cardholder data . PCI DSS comprises a minimum set of requirements for protecting cardholder data, and may be enhanced by additional controls and practices to further mitigate risks. Below is a high-level overview of the 12 PCI DSS requirements grouped under the following categories namely Build and Maintain a Secure Network, Protect Cardholder Data, Maintain a Vulnerability Management Program, Implement Strong Access Control Measures, Regularly Monitor and Test Networks, Maintain an Information Security Policy.

1. INTRODUCTION
Online payment portals, though a powerful tool to make our life simple and gives the luxury to make all required payment transactions around any part of the world without leaving



References: [1] Why Comply with PCI Security Standards?, https://www.pcisecuritystandards.org/security_standards/ why_comply.php 41

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