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A new way to pay; creating competitive advantage through the EMV smart card standard.


0566086883

A new way to pay; creating competitive advantage through the EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility)
EMV EuroPay, MasterCard, Visa (Smart debit cards)
EMV Europay, Mastercard and Visa
EMV Eftermiddagsverksamhet
 smart card standard.

Haddad, Aneace.

Gower Publishing

2005

143 pages

$114.95

Hardcover

HF5415

Driven by efforts to combat fraud, the world is moving to the "smart card" standard also known as EMV (for Europay, MasterCard, Visa). However, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 point-of-sale and smart card consultant Haddad, moving to the EMV standard has the potential to reduce costs associated with "commoditization Commoditization

1. A situation when illiquid financial contracts are changed or modified in a way that promotes trading and results in a more liquid market.

2. Making a product into a commodity.

Notes:
1.
," such as rate wars and imminent fee reforms, which could cost UK banks five times as much as fraud. In addition, EMV standards allow firms to focus on the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 the new cards provide. Here he describes the dual threats of commoditization and fraud, the competitive advantages of creating a richer payment experience and better branding, using technology to enhance marketability Marketability

A negotiable security is said to have good marketability if there is an active secondary market in which it can easily be resold.


marketability

The ease with which an investment may be bought and sold in the secondary market.
, making the most of intelligent money, and locating key factors for a profitable EMV deployment. Distributed by Ashgate.

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Publication:Reference & Research Book News
Article Type:Book Review
Date:Feb 1, 2006
Words:159
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