whose banking and non-banking subsidiaries market a variety of financial products and services. The Company operates in Credit Card‚ Commercial Banking and Consumer Banking segments. It issues credit cards‚ loans‚ banking and savings products‚ while determining rates to charge‚ and which customers are risky. Its competitors consist of banks‚ investment banks‚ and other credit card companies like Bank of America Corporation‚ American Express‚ MasterCard‚ and Discover Financial Services. 2. What is
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M1 Selling goods & services The most way of payment in the internet is by paying through credit card. The business website could be hacked by cyber-hacker and he could steal the credit card numbers of the customers of the business. How to solve the problem? The company should make sure that their system is protected and safe from any viruses‚ so the company must install anti-virus software and do regular update for it to ensure that their system is safe well. Also the company should always make
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Select your desired color and size and click "Add to cart". For convenience‚ the size and color of goods available for express delivery‚ handed back to the top. To return to a page with a showcase‚ click "return to the store" or "Close" button‚ if the card product opened in a separate window. If you want to move to another section‚ use the top or left-hand menu. To quickly find specific things you use the search form at the top of the page. To make a purchase‚ click on "Shopping Cart" in the upper
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kind of plastic money is credit card and debit card. Of these two the debit card is the payment affordability upto the balance in the account hold in the bank. But the credit card is a boasters to the factor of affordability. The invention of financial world has brought a revolution in the market system. The customers are been made feel that they carry the cash with them when they a credit card. The government ‚ private banks‚ commercial banks are facilitating the credit purchase ‚ the system of
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via issuing Credit and Debit cards and the corresponding retail processing systems. • Canadian shoppers were routine users of electronic payment methods • Customers were satisfied with the credit and debit payment methods and viewed them as convenient to use. • By 2003‚ Canadian cash purchases projected grow to $270 billion with the average transaction totaling roughly $4.50 each • Although acceptable in the marketplace‚ Canadians were not traditionally using debit or credit cards for small purchases
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products and profitable utilization of fund and contribute to the growth of GDP of the country by financing trade and commerce‚ helping industrialization‚ boosting export‚ creating employment opportunities for the educated youth and encouraging micro-credit leading to poverty alleviation and improving the quality of life of the people and thereby contributing to the overall socio-economic development of the country. 2. History Mercantile Bank Limited emerged as a new commercial bank to provide efficient
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deposit-to account holders who prefer Hindi as a medium of communication. The second was a feature called ’net safe light’‚ which limits damages from credit-card misuse. An account holder with a credit-card limit of‚ say‚ Rs 5 lakh might hesitate to make a purchase of Rs 2‚000 via mbanking. This new feature lets the account holder create a virtual credit card on the mobile for the transaction value-in this case‚ Rs 2‚000. This is a fair leap from where m-banking was when it started in India about five
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USE OF ICT in the field of BUSINESS and GOVERNANCE; The Kenyan scenario. Introduction to ICT ICT is an acronym that stands for Information Communications Technology. However‚ there is no a universally accepted definition of ICT. Why? Because the concepts‚ methods and applications involved in ICT are constantly evolving on an almost daily basis. Its difficult to keep up with the changes - they happen so fast. A good way to think about ICT is to consider all the uses of digital technology that already
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like cheques‚ credit card‚ ATMs and banker’s card. Use of cheque is declining and is been replaced by non-cash transactions. Desk-money transactions have been replaced by automatic teller machines (ATMs) and cash-money transactions were first replaced by money cheques and later by credit cards and banker’s cards.In most western countries‚ the volume of money transactions by means of plastic cards is increasing. These innovations are followed by smart cards. The success of the smart card will depend
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Imagine yourself going into the bank to get money out of your account for your rent or other important bill‚ and the account is dry and you just got paid the day before..or going to pay a bill with your credit card and card after card is maxed out then you find out that someone has stolen all your information and used all of your resources to live and pay bills. If this happened to me my heart would be beating so fast in panic id probably pass out considering I have so many kids to provide for. Well
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