Building A Cashless Society, Increased Efficiency, Improved Service Offering And Better Security For The Dcu Community

3. Many college students may be working with credit or debit cards for the first time in their lives, and without proper

Businesses that offer multiple payment options reap the rewards of increased sales and larger profit margins1. Williams Arena, the home of University of Minnesota Gopher Basketball, currently accepts only cash at their concession stands during events. This proposal aims to encourage you to introduce credit card payment options at Williams Arena for the upcoming seasons. Doing this would benefit both the Gopher Athletics’ sales department and the patrons of the arena. After the problem is described in detail, a step-by-step plan will outline the process required to update the technology to include credit card readers. Finally, the benefits of this plan are discussed along with the potential costs involved.

The Opal card is a contactless smartcard that is the new centrepiece of the new electronic ticketing system implemented by Cubic Transportation Systems (CTS). It allows the user to top up a balance either through manual loading (via Opal top-up machines), or linked to a credit card. This balance is used against Opal card readers to scan where the trip begins and ends, automatically calculating the fare and deducting it from the balance on the card. In the event that the trip has been started, but not finished (scanned only once within a day), a default fare will be charged to the card. The Opal card needs to abide by the Identification cards - Contactless integrated circuit cards (ISO/IEC 14443) standard, depicting its physical dimensions (85.60mm × 54.00mm × 0.76 mm), radio frequency (13.56 MHz), anti-collision processes (bit-collision detection protocol) and transmission protocols (half-duplex block transmission protocol). This new ticketing system would be gradually introduced throughout the greater Sydney region, across all 190 stations of the Sydney train network by 28th March 2014 and then further extended to include “52 more stations on the South Coast Line to Wollongong, Port Kembla and Bomaderry, as well as the Southern Highlands Line to Goulburn” by April 4. (McKenny, 2014). It will need to accommodate more than “304 million passengers per year, averaging at about 1.5 million trips each working day” (PRWEB, 2014)

DoD has deployed an issuance infrastructure at over 930 sites in more than 25 countries around the world and is rolling out more than 1 million card readers and associated middleware. A key goal of the CAC program is to meet DoD’s mandate to sign all electronic mail and other electronic documents digitally. Future plans include using the CAC to sign and encrypt e-mail, expanding the number of portals capable of doing Web-based e-business using PKI authentication tools, adding a biometric to the card to provide

As technology advances over the years, we have experienced and noticed that the trend in how payment are received have shift tremendously. Twenty years ago, check was the preferred way of payment. In today’s world, more and more payments are done by credit cards. Credit card transactions are instance that provides a faster payment method.

The future of this cash register without more user and customer friendly components has a limited lifespan. Today’s merchants want an all-in-one register that reads cards, has bigger displays, and makes record keeping more

The purpose of the video lecture is to inform Southwest Minnesota State University students about the Mustang card the three main functions which are Mustang Money, Dinning Dollars, and US Bank Debit Card. Also to inform students how to add money to each account and where to use the money properly on campus. The audience is SMSU current and future students, parents, or general public.

The UVic Purchasing Card (P-Card) program provides departments with a convenient, efficient and cost effective method to make low dollar (less than $2,500) purchases and payments. The purpose of the program is to provide purchasing convenience and process efficiencies that benefit the cardholder, their department and university administrative department. The program significantly reduces costs associated with purchasing processes and accounting transactions by reducing the need for payment requisitions, petty cash and reimbursement of personal funds.

Purchase team members showed strong support for P-card program at UVic and believed that additional transactions (AGR) could be brought soon under the umbrella of P-Cards. They were found supportive to the requirements of changes to P-Card program and have initiated some work towards new features

Cubic Transportation Systems (CTS) is a company that integrates payment information and related services for public transportation systems around the world. Cubic has designed and engineered the smartcard technology used for some of the world’s largest public transport systems including London, Vancouver, Sydney, Chicago and New York. The company’s primary products are ticket machines, smartcard readers, fare-collection gates, transit customer support, real-time passenger information and predictive analytics. Recently, CTS has also made the move into the electronic tolling industry.

In today’s economy, cash or a credit card is needed to meet the basic human needs. It is an apparent fact that we need cash or credit cards to purchase items such as food, clothing, and to buy gas. Also, when you are out shopping and discover that you have used all the cash in your possession, it is then that you realize that the advantage of having a credit card. Furthermore, with cash, you are restricted to the amount in your wallet or purse; however, a credit card allows you to pay for your purchase at a later date. Both cash and credit cards can be useful when you manage them wisely. While cash and credit cards are similar in that they both are readily accessible, used for goods and services at the time of purchase, they are dissimilar because of theft, high- interest rates, identity theft.

Picture this, you are purchasing your favorite drink and as you reach for your wallet, the only option you have for paying is electronically. That could become the case if we become a cashless society. You will see what a cashless society is and what it all entails. With disturbing someone’s privacy to the results of hijacking electronic accounts, cashless societies can have some advantages and disadvantages. As a list of countries that have already made the surface of topic when it comes to cashless societies, you will see how much of a difference cash is being used today as in years before. Cashless societies are creeping up upon people without them realizing it, but becoming aware of it could help people as they enter into the future.

During the past decade, we have undergone enormous changes in the way that we conduct business. ATM check cards, credit cards, and preferred customer cards are the most common buying tools today. Check, or debit, cards are ATM cards that function just like cash. Customers can now make payments with their check cards

Many financial institutions across the world have adapted to the change towards the cashless society by implementing electronic funds transfer via automated teller machines (ATM’s) and of late, the internet. By having a simple plastic card, society could completely eliminate the need for cash. The benefits range from the end user through to the government and the

Almost everyone has a smartphone, so engineers invented a way to let merchant charge customers through a device that can be attached to any mobile phone. This device, or credit card terminal, is the future of credit card terminal technology, where merchants can charge customers anywhere and anytime [3]. This report will present the market analysis, theory of operation, and the device performance of Square.INC credit card reader [3].