The assignment discusses the importance of e-commerce security and payment system, highlighting the need for secure online payment systems to facilitate customer transactions. The article examines various payment systems such as internet bank card payment, E-cash, and E-purse systems, emphasizing the importance of computer network security and information security to ensure payment security. It also explores the use of third-party gateways, middlemen involvement, and authentication protocols like digital signatures, PINs, etc. The article concludes that while these systems have made life easier for customers and companies, there are still issues with payment security, including fraud and flaws in verification processes.