Opportunity Analysis for Developing a Micropayment System in Local Area Networks
Journal Title: Annals of "Dunarea de Jos" University - Fascicle I. Economics and Applied Informatics - Year 2012, Vol 1, Issue 1
Abstract
Although transactions with small amounts of cash are simple and quick, they still present drawbacks. The main issue is to drastically reduce costs for very small electronic payments and solutions have already started to be identified. In this paper, the proposed solution implies aggregating payments into a privately owned local area network that operates at low costs and making only one transfer to the banking systems for each buyer. The equipment used has to be easy to operate and straightforward, security procedures have to be simple and based on the rapport between the cost of fraud and the expected value obtained through fraud and rapports with the bank have to be kept within profitability margins.
Authors and Affiliations
Cristian GEORGESCU
Keywords
Related Articles
- EP ID EP108679
- DOI -
- Views 121
- Downloads 0
Brand Mentions in Social Media as a Key Performance Indicator in the German Fast Moving Consumer Goods Industry
This research aims to explore correlations between consumer-generated social media activity and the level of sales of German brands from the fast moving consumer goods industry. In particular, the objective was to examin...
The Implementation of the Statistical Sounding for the Effectiveness of the Level for Training
If we achieve a statistical sounding for the opinions of the specialists from football, we can to obtain informations concerning the efficay of the level of preparation and to establish which are the sensitive points whe...
The Statistical Analysis of the Factoryal Influences Concerning the Dynamic of the Average Level for the Social Productivity of the Work in Romania
We can to analyse the dynamic of the average level for the social productivity of the work in Romania, by means of the statistical methods with view of the factorial influences on the base of indexes numbers.
Integration Perspectives of the Communication Management within Organizations’ Policy
While the marketing specialists reach the conclusion that building a brand in the XXI century signifies customer relationship development in a permission marketing approach, the public relations starts to be the pillar o...
Romanians’ Public Debts Saga
By the end of 2009, a very cold breath of austerity was blowing from the European financial and banking system and thoroughly was touching every Member State’s economy, but only for some of them perspective of this sever...