eMoney Order System: The Smart way to Pay Online

Kasun De Zoysa, Rasika Dayarathna

ABSTRACT

This paper proposes a new payment system called eMoney order for the Sri Lanka Post by enhancing the existing money order system. It discusses the need for a new payment system for the developing countries with special attention in the Sri Lankan context. With e-commerce applications built using the proposed eMoney order system, there will be reasonable social and economic benefits for developing countries such as Sri Lanka. In this paper, the eMoney order concept as well as its social and economic benefits are discussed.

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