A study on micropayment system with a new anonymity and divisibility

Electron payment system did much researches and development present. The ways electron payment system includes credit cards, Internet banking, payment gateway, electronic cash and others. During these way, electronic cash studied by way to use real money in electronic commerce, function of real cash is same various requirement and security item need. This treatise requirements and security measures are demanded in order that electronic cash with research about anonymity among user privacy and divisibility that can division and offer anonymity and divisibility of new way. Also electronic cash use one way hash function to offer efficiency and new anonymity by process of verification than signature. Electronic cash that is used for the shop does not information than can connect with user