1 / 8

Mobile Credit Card Processing

Mobile Credit Card Processing. Team 13 Prathibha and Shrimi 11/12/13. Relevance to our Course. Motivation Increasing number of smart phone users Anytime-Anywhere Transaction Cost-effective. Transaction Processing - Chapter 21 Trends. What is Mobile Transaction Processing?.

grover
Download Presentation

Mobile Credit Card Processing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mobile Credit Card Processing Team 13 Prathibha and Shrimi 11/12/13

  2. Relevance to our Course Motivation • Increasing number of smart phone users • Anytime-Anywhere Transaction • Cost-effective • Transaction Processing - Chapter 21 • Trends

  3. What is Mobile Transaction Processing? • The process of accepting credit card payment with your smart phone or tablet. Necessities • Smart phone or a tablet • Credit card reader device • Service appropriate for your business

  4. Challenges Solutions Transaction Security Device Security Application Security Use of strong encryption protocols Strong authentication PCI DSS Compliant

  5. Service Providers Companies who offer Mobile Credit Card Processing Solutions include Flagship ROAMpay, Credit Card Processing.com Intuit Go-Payment, Square, Pay Anywhere etc. • Features • Virtual Terminal • On-line Transaction Manager • Email Receipts • In-app Transaction Manager • Tip • Tax • Save Customer Info • GPS Location Reporting • Manage Cash Transactions • Void • Capture Signature • Refund/Credit

  6. Financial Comparison

  7. Future Direction • Summary • Minimize the cost of conducting transactions for small and medium merchants • Easy access to payment Near Field Communications • Allows data to be exchanged between devices via short range, high frequency wireless communication technology by combining the interface of a smartcard and reader into a single device.

  8. References • http://credit-card-processing-review.toptenreviews.com/mobile-credit-card-processing/?cmpid=ttr-bnd • http://www.slideshare.net/EMSplus/ultimate-guide-to-mobile-credit-card-processing • http://www.businessnewsdaily.com/5377-how-to-accept-mobile-credit-card-payments.html • http://www.sacbee.com/2013/11/04/5880523/16-percent-of-small-businesses.html • http://chargify.com/blog/how-to-choose-the-best-smartphone-credit-card-reader-for-your-business/ • http://www.computerweekly.com/news/2240150898/Mobile-payments-transactions-set-to-soar • http://www.internetretailer.com/2013/01/16/m-commerce-sales-smartphones-hit-8-billion-2012

More Related