Comparison of the Electronic Payment System with the Current Payment System of Notre Dame of Marbel University
COMPARISON OF CURRENT PAYMENT SYSTEM AND ELECTRONIC PAYMENT SYSTEM OF NOTRE DAME OF MARBEL UNIVERSITY
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A Thesis Proposal Presented to
Dr. Armando L. Pama, Ph. D.
Notre Dame of Marbel University
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In Partial Fulfillment
Of the Requirement for the Subject
ES 140-Methods of Research
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By
Anoche, Vanessa Therese F.
Gabac, Cherry Ann P.
Panes, Evelyn T.
Sulia, Rochelle T.
Engr. Jenith Guaro
Adviser
February 2013
Chapter 1
THE PROBLEM AND ITS SETTING
Introduction
With the onset of the information age, Philippines are becoming increasingly dependent upon network communications. Computer-based technology is significantly impacting the ability to access, store, and distribute information like personal information’s, business information’s and stores these information’s into a secure storages and distribute it by internet connections or file sharing. Through this technology, human society is living into the fullest, that there are things that impossible before but today through the help of technology it made possible. Nowadays, most of the businesses small or big institutions, private or public organizations use the electronic especially in paying the bills. According to Keck (2005) Electronic payment have a several advantages, which were never available through the traditional modes of payments, some of the most important are: privacy, integrity, compatibility, good transaction efficiency, acceptability, convenience, mobility, low financial risk, and anonymity.
Notre Dame of Marbel University (NDMU) is a private educational institution that are using a traditional mode of payment until now, which is not appropriate nowadays and also to the number of the students in the said institution. Thus paying tuition fees is a very important obligation of students and also to the parent’s. In line with this, the business office plays important role in paying the financial obligation of the
-----------------------------
A Thesis Proposal Presented to
Dr. Armando L. Pama, Ph. D.
Notre Dame of Marbel University
--------------------------------
In Partial Fulfillment
Of the Requirement for the Subject
ES 140-Methods of Research
----------------------------------
By
Anoche, Vanessa Therese F.
Gabac, Cherry Ann P.
Panes, Evelyn T.
Sulia, Rochelle T.
Engr. Jenith Guaro
Adviser
February 2013
Chapter 1
THE PROBLEM AND ITS SETTING
Introduction
With the onset of the information age, Philippines are becoming increasingly dependent upon network communications. Computer-based technology is significantly impacting the ability to access, store, and distribute information like personal information’s, business information’s and stores these information’s into a secure storages and distribute it by internet connections or file sharing. Through this technology, human society is living into the fullest, that there are things that impossible before but today through the help of technology it made possible. Nowadays, most of the businesses small or big institutions, private or public organizations use the electronic especially in paying the bills. According to Keck (2005) Electronic payment have a several advantages, which were never available through the traditional modes of payments, some of the most important are: privacy, integrity, compatibility, good transaction efficiency, acceptability, convenience, mobility, low financial risk, and anonymity.
Notre Dame of Marbel University (NDMU) is a private educational institution that are using a traditional mode of payment until now, which is not appropriate nowadays and also to the number of the students in the said institution. Thus paying tuition fees is a very important obligation of students and also to the parent’s. In line with this, the business office plays important role in paying the financial obligation of the