Organization

university of sunderland

Project Description

E-Trust: Implementing an Online Secure Transaction Service - reducing fraud risk

Project Abstract

In recent years the Internet has shown a rapid increase in the volume of e-commerce transactions conducted, in turn setting online fraud activities to an alarming height.
To combat these so called online fraudulent activities, secure online payment systems have been introduced.
Escrow is such a system, monitored and regulated by escrow agents, providing security for both the buyer and seller involved in the transaction.

An Escrow service should add trust to a transaction, reducing the potential risk of fraud by acting on a trusted third party that collects, holds and disburses funds according to buyers and sellers instructions.
The Escrow services are known as E-Trust. E-Trust services are provided by a licensed and regulated Escrow agent.

Surveys released for this project:
Questions
E TRUST 16
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