Abstract India has been using electronic payment systems for many years now. However‚ the retail sector still has predominance of cash transactions‚ and payment through cards is yet to pick up. Cards (both credit and debit) are one of the most secure and convenient modes of cashless payment in retail market. The card payments data shows that even though we have 19 million credit cards‚ 190 million debit cards and half a million point-of-sale terminals‚ on an average there is just one transaction
Premium Debit card Credit card Payment systems
Management Development Institute‚ Gurgaon 1 What Points are Discussed in this Session? 1. New work paradigm: Linked to globalized business world 2. New bus. realties & new critical success factors: BRICS 3. SHRM?: HR’s response to new Critical Success factors 4. How is SHRM different from tradl. HR functions 2 1 What has driven the New Business World & the World of Work? Globalization!!! 3 What Does Globalization mean? It means: • Global movement of capital‚ businesses
Premium Human resource management Human resources
UNIT - 3 Electronic Payment System Contents • What is E-payment? • Types of E-payment Systems • Digital Token-based Electronic Payment Systems • Smart Cards & Electronic Payment Systems • Credit Card-based Electronic Payment Systems • Risk & Electronic Payment Systems • Designing Electronic Payment System What is E-payment ? • E-payment systems is the mechanism of transferring money over the Internet and technology used in this transfer is called as EFT. • EFT defined as “ any transfer of fund initiated
Premium Credit card Debit card Electronic commerce
How do banks make money? Banks are just like other businesses. Their product just happens to be money. Other businesses sell widgets or services; banks sell money -- in the form of loans‚ certificates of deposit (CDs) and other financial products. They make money on the interest they charge on loans because that interest is higher than the interest they pay on depositors’ accounts. The interest rate a bank charges its borrowers depends on both the number of people who want to borrow and the
Premium Bank Federal Reserve System Central bank
Assessment of Enterprise Level Business Systems Abstract This paper will discuss which information gathering methods can be used in analyzing requirements‚ identify which business process mapping methods should be used in analysis activities‚ discuss which business process mapping tools should be used in documenting analysis‚ indicate how the analyst would know if these methods and tools were effective in understanding the requirements‚ and explain how prototyping tools could be used to confirm
Premium Management Business process Business process modeling
of the On-line Payment System 2 Payment Service Providers 3 Credit cards 3 E-wallet 3 Online Bill Payments 4 Online Bank Transfers 4 PayPal 4 Benefits of using E-Payment: 6 Customer confidence in Payment systems 6 Reliable protection when using Payment Systems 7 How do customers benefit? 8 Drawbacks of On-line Payment Systems 10 Card Holder Based On Biometrics: 11 ONLINE BANKING SERVICES 12 Disadvantages of Banking Services 12 Small and Big companies in On-line Payment System 13 RISK
Premium Electronic commerce
Chapter 8: Payment Systems of Vietnam Vietnam’s financial and payment systems are the least developed of all those of the countries covered in this survey‚ because Vietnam did not initiate full-scale financial reforms until the middle of the 1990s. Information on its economic and financial systems is very limited in Japan‚ and so this survey has focused not only technical aspects of Vietnam’s payment systems‚ but also on the past and future developments of its financial system. It must be understood
Premium Bank Financial market Stock exchange
PAYMENT SETTLEMENT INSTRUCTION Beneficiary: Ikeja Electricity Distribution Company (IKEDC) Date: 31/10/2012 Session time: 23:59:59 Good day‚ Kindly effect the transfers into the following IKEDC Accounts with the corresponding amounts‚ being settlements for consolidated payments made from 31/10/2012 16:00:00 to 31/10/2012 23:59:59. Kindly follow accepted instruction confirmation procedure Business Unit Account Number Ref Number Amount 1 Abule-Egba 1012998242 (Zenith Bank) FIK2012110112001
Premium
Running Head: ORGANIZATIONAL MANAGEMENT CHANGE MODELS. Analyzing changes that have being implemented at Bank of America. Name: University: Course: Tutor: Date: In the past decade‚ different terms have been used for the concept of the reduction in workforce. These include downsizing‚ rightsizing‚ re-engineering‚ job separation and workforce imbalance correction. Scholars and human resource practitioners have not clearly documented the technical differences between all these terms but one thing
Premium Management Change management Strategic management
Lecture: Business Process Management (BPM) Business Process Management (BPM) is a management approach focused on aligning all aspects of an organization with the wants and needs of clients. It is a holistic management approach that promotes business effectiveness and efficiency while striving for innovation‚ flexibility‚ and integration with technology. Business process management attempts to improve processes continuously. It could therefore be described as a "process optimization process." It is
Premium Business process management Process management Business process