earticle

영어

Telecommunication technology introduces people with a new modern, virtual and portable digital life. Mobile banking is one of the newest applications of telecommunication technology. In this technology mediated world, ecommerce is one of the important sectors to globalize trade. In ecommerce world, existing security technologies are already proved to online fund transfer and products delivery. All of the existing technology is based on online banking. But in developing countries like Bangladesh where technologies are not so fast and lots of people have the lack of trust on online banking. There is a simple, reliable and convenient ecommerce should be introduced to include all level of people. In this paper, an overview of the current fund transfer technology and its security has been elucidated. Based on the telecommunication technology, a new complete architecture for ecommerce trade, fund transfer and confirmation about products receiving has been proposed. In the proposal, fund transfer has been done through mobile banking. As the mobile banking doesn’t need any internet connection, it has a great advantage over rural customers of the developing countries. Moreover, the proposed architecture will work together with online banking and the secured third party for the better convenience.