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

How is dividing and grouping work affected in organisation, How is the divi...

How is the dividing and grouping work affected in the organisation? Dividing and grouping work: Divisionalisation gives a broader perspective, a greater sense of responsi

Non tariff measures, The last 30 years has witnessed substantial reduction ...

The last 30 years has witnessed substantial reduction in the level of tariffs applicable by nations members to the WTO. However, this has also been accompagnied by a rapid prolifer

MEQA501, Today is your first day working for MarmaMed, a firm that produces...

Today is your first day working for MarmaMed, a firm that produces and sells a small range of medical diagnostic products. MarmaMed’s main product is the DiagnoKit™, a simple-to-us

The californian web-service company, QUESTION Outsourcing Customer Serv...

QUESTION Outsourcing Customer Service- Is it a real solution? Outsourcing any of your business functions can pose risks, or at least give you reason to lose sleep, but above al

Describe breaking geographic business barriers, Q. Describe Breaking Geogra...

Q. Describe Breaking Geographic Business Barriers? Several companies today operate from several locations and have customers or suppliers at distant locations and do business i

Show the sales for a product, a) Copy the sales data provided on the VLE in...

a) Copy the sales data provided on the VLE into a separate worksheet within your Garden workbook and call it Sales Database. Sort this data into sales for each month in 2010 and s

Financial management, .discuss the applicability of an operating cycle to p...

.discuss the applicability of an operating cycle to poultry business in uganda

Explain any five qualities of an outsourcing project leader, Briefly explai...

Briefly explain any five qualities of an outsourcing project leader. 1. Ability to embrace and support change. 2. Earned credibility across the organization. 3. A desire

Explain how effective brand management can assist ib4e''s, Over the past fe...

Over the past few years, the company iB4e has underperformed compared with its competitors which enjoy stronger brand recognition. In addition, lots of experienced staff responsibl

Explain maslows hierarchy of needs theory, Problem 1: Organisations are...

Problem 1: Organisations are evolving as open systems today. They are being influenced by a lot of factors in the business environment. Consequently, managers will be required

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