ECOM6016A - Electronic payment systems

Summer Semester, 2022-23

Professors
W.H. Annie Chan
K. P. Chow
S.M. Yiu
Teaching assistant [TBA]
Syllabus The course covers banking systems, e-payment security, foreign exchange, Internet banking, mobile payments, credit and stored-value cards, Octopus, micropayments, peer-to-peer payments, cryptocurrencies, blockchain, large-scale B2B payments, faster (instant) payments, seamless shopping and the future of money.  Particular attention is given to Hong Kong and Mainland China banking and payment systems. 
Learning Outcomes
Course Learning Outcomes Relevant Programme Learning Outcome
CLO1. Understand the different forms of electronic money, how money moves through the world's banking systems, how security is achieved in payment systems, how electronic banking works. PLO. 5, 12, 14
CLO2. Select and design an appropriate payment method to fit a particular business model even as underlying technologies. PLO. 8, 9
View Programme Learning Outcomes
Enrolment counselling
  1. There are no pre-requisites for this course.
  2. A good course to follow on after this may be "ECOM6023 E-financial services".
Topics covered
Course Content No. of Hours Course Learning Outcomes
1. Introduction, banking systems (include HK and China) 3.0 CLO1
2. Automated clearing and settlement systems 3.0 CLO1
3. E-payment security, cryptographic techniques, digital signature 3.0 CLO1
4. Transport layer security (SSL/TLS), wireless transport layer security, SET (Secure Electronic Transaction) 3.0 CLO1
5. Payment with magnetic strip cards, Secure payments with IC cards, EMV cards 3.0 CLO1
6. Blockchain, Bitcoin, cryptocurrencies, NFT 3.0 CLO1
7. Micropayment and mobile payments, Paypal, digital wallet 3.0 CLO1, CLO2
8. eCheque, FPS, Payment, AliPay, WeChat pay, digital currency (Digital RMB, e-HKD) 3.0 CLO1, CLO2
9. Electronic invoice presentment and payment (EIPP), seamless shopping 3.0 CLO1, CLO2
 
Assessment
Description Type Weighting * Tentative Assessment Period /
Examination Period ^		 Course Learning Outcomes
Assignments & midterm test Continuous Assessment 40% - CLO1, CLO2
Written examination covering all the taught contents in the course. Written Examination 60% 7 - 19 Aug 2023 CLO1, CLO2
* The weighting of coursework and examination marks is subject to approval
^ The exact examination date uses to be released when all enrolments are confirmed after add/drop period by the Examinations Office.  Students are obliged to follow the examination schedule.  Students should NOT enrol in the course if they are not certain that they will be in Hong Kong during the examination period.  Absent from examination may result in failure in the course. There is no supplementary examination for all MSc curriculums in the Faculty of Engineering.
Course materials

TBA
Session dates
Date Time Venue Remark
Session 1 27 May 2023 (Sat) 2:00pm - 5:00pm CB-A Face-to-face
Session 2 3 Jun 2023 (Sat) 2:00pm - 5:00pm CB-A Face-to-face
Session 3 10 Jun 2023 (Sat) 2:00pm - 5:00pm CB-A Face-to-face
Session 4 17 Jun 2023 (Sat) 2:00pm - 5:00pm CB-A Face-to-face
Session 5 24 Jun 2023 (Sat) 2:00pm - 5:00pm CB-A Face-to-face
Session 6 (cancelled) 30 Jun 2023 (Fri) 7:00pm - 10:00pm CYP-P4 cancelled
Session 6 7 Jul 2023 (Fri) 7:00pm - 10:00pm CYP-P4 Face-to-face
Session 7 12 Jul 2023 (Wed) 7:00pm - 10:00pm CYP-P4 Face-to-face
Session 8 14 Jul 2023 (Fri) 7:00pm - 10:00pm CYP-P4 Face-to-face
Session 9 21 Jul 2023 (Fri) 7:00pm - 10:00pm CYP-P4 Face-to-face
Session 10 22 Jul 2023 (Sat) 2:00pm - 5:00pm CB-A Face-to-face
CB - Chow Yei Ching Building CYP - Chong Yuet Ming Building
Add/drop 27 May, 2023 - 3 June, 2023
Quota 120
Moodle course website
  • HKU Moodle: https://moodle.hku.hk/course/view.php?id=102624 (Login using your HKU Portal UID and PIN)

    - Please note that the professor maintains and controls when to release the Moodle teaching website to students.
    - Enrolled students should visit the Moodle teaching website regularly for latest announcements, course materials, assignment submission, discussion forum, etc.
Back