ePayment (08-715)

ebConsultants, LLP’s client in the logistics sector wants to move to using electronic self paying invoices (SPIs), creating electronic connections to customers, which allow just-intime (instantaneous) payments.  The team is asked to design the ePayment solution around PayPal.  Students learn a great deal about ePayment processes and technologies as they produce the required deliverables, which include: a list of fields to be included in the SPI; a functional and systems design of the ePayment system; a brief proving a detailed description of the technology components of the systems; a design for an extension mechanism to the SPI that will enable ePayments form customers using foreign currency, resulting in final payment in US dollars; and finally, a recommendation with a justification for a suite of technologies to be used to provide security to transactions related to the SPI between the various involved entities.