PRINCIPLES OF MARKETING Topic: Product decisions in marketing (PRODUCT) Case No. 4: “SMART Cards” ____________________________________________________________________________ SMART CARDS S mart is the operative word among many product developers these days. For example‚ smart card is the name of an advanced form of pocket- and purse-sized cards that may soon usher in a new era of cashless electronic commerce. Although they resemble familiar ATM cards‚ each smart card is equipped with
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CHAPTER-1 INTRODUCTION 1.0 Introduction: * 1979 Motorola developed first single chip Microcontroller for French Banking * 1982 World ’s first major IC card testing * 1992 Nationwide prepaid card project started in Denmark * 1999 Federal Government began a Federal employee smart card identification Smart Card or Chip card technology is fast becoming commonplace in our culture and daily lives. We hope that this site will bring you a little closer in your understanding of this exciting
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INTRODUCTION Smart card is one of the greatest achievements in the world of information technology. Similar in size to today ’s plastic payment card‚ the smart card has a microprocessor or memory chip embedded in it that‚ when coupled with a reader‚ has the processing power to serve many different applications. As an access-control device‚ smart cards can be used to access server remotely over the Internet and they can make personal and business data available only to the appropriate users. Smart cards provide
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internet-based shopping and banking. Over the years‚ credit cards have become one of the most common forms of payment for e-commerce transactions. In North America almost 90% of online B2C transactions were made with this payment type. Turban et al. goes on to explain that it would be difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Increased security measures include use of the card verification number (CVN) which detects fraud by comparing
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Smart Card Tutorial - Part 1 First Published in September 1992 Introduction To Smart Cards Even the name Smart Card captures the imagination‚ however such a term is ambiguous and is used in many different ways. ISO uses the term‚ Integrated Circuit Card (ICC) to encompass all those devices where an integrated circuit is contained within an ISO 1 identification card piece of plastic. The card is 85.6mm x 53.98mm x 0.76mm and is the same as the ubiquitous bank card with its magnetic stripe that is
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Holding the card against or waving it over an Octopus card reader from up to a few centimeters away without the user taking out the card. The reader will acknowledge payment by emitting a beep sound‚ and display the amount deducted and the remaining balance of the card in 0.3 seconds. In MTR When riding the MTR system‚ the entry point of commuters is noted when a passenger enters‚ and the appropriate amount based on distance traveled will be deducted when the users show their card again at the
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ERG Smart Cards: Crafting Strategy for a New Horizon CASE BACKGROUND In 1978‚ Associated Electronic Services Ltd (AES)‚ a Perth-based engineering company‚ began developing an automated fare collection (AFC) system. In 1984 AES won a contract for an AFC system in Toronto‚ Canada. That same year Energy Research Group (ERG) was listed on the stock exchange. ERG was a venture capital-backed company‚ researching various technologies including an electronic sign board and a manufacturing process for
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(A-25) Marketing Plan for Stylister Smartphones 2012-2013 Contents EXECUTIVE SUMMARY 2 SITUATIONAL ANALYSIS 3 Customers 3 Competitors 3 Company 5 Context 5 SWOT ANALYSIS 5 Strengths 5 Weaknesses 5 Opportunities 5 Threats 6 OBJECTIVES 6 MARKETING STRATEGY 7 MARKET SEGMENTATION 7 TARGET MARKET 7 POSITIONING 8 MARKETING MIX 8 Product 8 Price 10 Pricing and Profit Margins 10 Place 11 Promotion 13 Marketing Budget 13 REVIEW AND CONTROL 14 MARKETING ORGANIZATION
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EXECUTIVE SUMMARY E-smartTravel is not a common website to plan holidays. Here you will find all the tools and guides to create a perfect holiday based on the customer’s necessities. Needless to said‚ there are hundreds of agencies that help people to find all these characteristics on a holiday. However‚ there is not an intelligent website that can find all the necessities visiting just one website. People need to go trough google with online accommodations‚ searching transport and researching
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Compared to conventional data transmission devices such as magnetic-stripe cards‚ smart cards offer enhanced security‚ convenience and economic benefits. In addition‚ smart card-based systems are highly configurable to suit individual needs. Finally‚ the multi functionality as payment‚ application and networking devices renders a smart card as a perfect user interface in a mobile‚ networked economy. Security Smart cards incorporate encryption and authentication technologies that can implement issuer’s
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