Question: Think of a business or organization that you admire, and then describe two examples of how that business is supported by information systems. For example, do they use it for operational excellence? Or do they use it to create new products and services?
Nowadays credit card is a necessity of our life. This is one of the best banking product and service in the world, the people no need to bring cash or cheque anymore, and you just take a card can purchase whatever you want.... How convenient? People can use credit card to buy anything in everywhere. …. all general place are accepted a credit card. Moreover, people can remote purchase any products that they want, for it enables people to purchase products and services remotely via the internet or phone. When people using a credit card shopping by telephone or in the Internet can speed delivery and simplify a return or exchange. People can shop closer to home and got a 30days credit period to settle the bill.
The second advantages of using a credit card are save time. The credit card is really easy to use. You just slice the card and sign your name, and then the transaction will go through. You can use it to pay all the bills such as gas and electric fee, cell phone, home phone, water service, parking ticket and other expenses. Also, the entire card holder can earn some cash back monthly. Additional benefits such as insurance cover on purchases, cash back, air miles and some store discounts.
Another advantage of using a credit card to proceed international transaction.. . For example, Visa and Master Card are use for any countries. No need to concern about the exchanges when you travel to different countries... one card to walk through the world without any trouble...
The second advantages of using a credit card are save time. The credit card is really easy to use. You just slice the card and sign your name, and then the transaction will go through. You can use it to pay all the bills such as gas and electric fee, cell phone, home phone, water service, parking ticket and other expenses. Also, the entire card holder can earn some cash back monthly. Additional benefits such as insurance cover on purchases, cash back, air miles and some store discounts.
Another advantage of using a credit card to proceed international transaction.. . For example, Visa and Master Card are use for any countries. No need to concern about the exchanges when you travel to different countries... one card to walk through the world without any trouble...
Thanks for sharing ! So far you have described the credit card product, but what kind of information system or systems may be needed to support the credit card service ?
回覆刪除For example, when the card is swiped through a terminal, where does the information go to ? What system processes the data ? Are there special considerations when credit cards are used online ?
Hi Jenny,
回覆刪除once the card swiped through a terminal, the information such the date, items and prics will go to the bank system and you can see all the data on the monthly statement.
I will considering the security problem when doing anything on-line. this is the most concerned..
Yes, security is a big problem. When credit card data and charge amount from the point-of-sale terminal is sent to the bank for processing, the bank may perform added security checks, such as fraud monitoring. You may refer to http://usa.visa.com/personal/security/visa_security_program/fraud_monitoring.html to see how this works.
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