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Artificial Intelligence and Communication Technologies

A Study the Use of E-Payment Systems Based on Artificial Intelligence

Authors: Mohammed Kamran Siddiqui and Krishan Kumar Goyal


Publishing Date: 29-05-2023

ISBN: 978-81-955020-5-9

DOI: https://doi.org/10.52458/978-81-955020-5-9-101

Abstract

Electronic payments are rapidly expanding in popularity these days as a result of the hectic pace of modern living. In addition, hackers and fraudsters routinely misuse the personal information funds in a person’s bank account. To solve this issue, we must develop an intelligent system that protects individuals’ personal data and financial resources. As a result, in the place of human beings, today’s machines act think like human beings. Artificial Intelligence (AI) is a key component of electronic payment systems. It offers a novel method of processing electronic payments. This article provides an overview of the prospects, problems, various dangers associated with e-payments, in particular fraud, which is a major threat to the e-payments industry and a major source of financial loss. E-payments, benefits, as well as the future of e-payments are all discussed in the paper.

Keywords

E-Payment, Artificial Intelligence, AI Platforms, Payment Methods, of E-Payment Systems.

Cite as

Mohammed Kamran Siddiqui and Krishan Kumar Goyal, "A Study the Use of E-Payment Systems Based on Artificial Intelligence", In: Saroj Hiranwal and Garima Mathur (eds), Artificial Intelligence and Communication Technologies, SCRS, India, 2023, pp. 1063-1076. https://doi.org/10.52458/978-81-955020-5-9-101

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