Novel Approach for Card Payment
نویسندگان
چکیده
منابع مشابه
Optimal card payment systems
This paper presents a model of a card payment system to address the pricing and rules that govern such systems. It evaluates the social optimality of privately set interchange fees and the adoption of a rule by payment systems to prevent merchants surcharging for card transactions using two extremes of merchant pricing—monopolistic pricing and perfect competition. Both types of merchant pricing...
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Current payment methods, that are based on cash and magnetic strip cards, are either expensive to use, or they do not offer enough security for payments. Smart card based payment systems offer several benefits over currently used cash and magnetic strip cards. Building and delivering smart card based payments systems is not an easy task. It includes several risks and some of them are addressed ...
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ژورنال
عنوان ژورنال: International Journal of Computer Applications Technology and Research
سال: 2015
ISSN: 2319-8656
DOI: 10.7753/ijcatr0412.1012