Outline briefly smart cards, Business Management

Assignment Help:

QUESTION

a) Explain the whole credit card processing cycle, identifying the different steps and parties involved.

b) (i) Outline the main differences between a credit card and a debit card.

(ii) Explain why the use of credit cards is not suitable for micro-payments and suggest an alternate payment instrument that could be used.

c) (i) Briefly explain the roles of the acquirer and the issuer in the credit card payment system.

(ii) There are a number of factors that come into play in determining whether a particular method of e-payment achieves widespread acceptance. Outline any THREE of these crucial factors.

d) Outline briefly the following electronic payment methods.

(i) E-wallets.

(ii) Smart cards.


Related Discussions:- Outline briefly smart cards

Define the routine and strategic managerial decisions, Define the routine a...

Define the routine and strategic managerial decisions. Routine and Strategic Decisions: Routine decisions are of repetitive nature that does not need much analysis and ev

Just-in-time inventory control system, Plants : Numbers changes occur about...

Plants : Numbers changes occur about the plant which include plant layout multi function workers, demand pull production kanbans self inspection MRP ( material requirements pla

Business rules, I want you to pretend that you are going to interview Bob o...

I want you to pretend that you are going to interview Bob of Bob's Used Book Store.  In general, Bob needs a database system to replace their current paper trail of keeping track o

Write short note on improving business qualities, Q. Write short note on im...

Q. Write short note on improving business qualities? Ans. One of the strategic business worth of information technology is its role in making major improvements in a company's

Future wage rate, A human resources department must know if the wage rate i...

A human resources department must know if the wage rate is stable, will increase or decrease. If equilibrium exists, wages are stable, if excess demand exists; wages will increase

What role does fed play, Question 1 As a trader in order to be competitive...

Question 1 As a trader in order to be competitive and successful, how can you address some risks that are peculiar to foreign trade like commercial risks and political risks?

Explain about the top management functions in brief, Explain about the top ...

Explain about the top management functions in brief. Top Management: This includes Board of Directors, Chief Executive, Managing Directors, Owners and Share holders as we

Develop a spreadsheet solution for project, Start a new workbook and develo...

Start a new workbook and develop a spreadsheet solution for Gareth's Gardens in order for him to efficiently record his garden orders and produce his customer invoices. The soluti

International business of ernst & young, International Business of Ernst & ...

International Business of Ernst & Young Ernst & Young is one of the largest global leaders in the professional service provider. As per the changing demand of the customers,

Logical analysis of daily business, Jane Parton, the proprietor of Deli Pa...

Jane Parton, the proprietor of Deli Parton, sells specialty breads for $3.95 each.  She buys these from a baker-supplier for $2.45 per unit. Since Jane wants to maintain Deli Pa

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd