As an additional safety measure for online transactions, several credit card companies now supply customers with one-time-use credit card numbers. These numbers can only be used once. Customers need to go to the website of the entity that issued their credit card in order to get the one-time-use number. Compared to the conventional means of using credit card numbers, what are the benefits of applying this technology instead? What are the benefits and drawbacks of using this method as opposed to authenticating yourself using an electronic payment gateway?

As an additional safety measure for online transactions, several credit card companies now supply customers with one-time-use credit card numbers. These numbers can only be used once. Customers need to go to the website of the entity that issued their credit card in order to get the one-time-use number. Compared to the conventional means of using credit card numbers, what are the benefits of applying this technology instead? What are the benefits and drawbacks of using this method as opposed to authenticating yourself using an electronic payment gateway?

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter4: Extent (how Much) Decisions

Section: Chapter Questions

Problem 4.4IP

See similar textbooks

Similar questions

Chelsea has to pay a series of uniform annual payments over a fixed period of time to repay a loan that would amount to $1,000,000. If Chelsea has to pay $30,000 per year for a rate of 6%, how long should she pay these uniform payments in order to repay her loan? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Coronavirus outbreak is the latest world tragedy that has affected all sectors of the economy. Discuss the impact of coronavirus (COVID-19) on the banking industry in Oman and the recommended strategies for recovery.
Solve all parts step by step...
BPO Services is in the business of digitizing information from forms that are filled out by hand. In 2006, a big client gave BPO a distribution of the forms that it digitized in house last year, and BPO estimated how much it would cost to digitize each form. Form Type Mix of Forms Form Cost A 0.2 $0.80 B 0.2 $0.40 C 0.2 $0.40 D 0.2 $1.60 E 0.2 $0.80 The expected cost of digitizing a form is $__________- . Suppose the client and BPO agree to a deal, whereby the client pays BPO to digitize forms. The price of each form processed is equal to the expected cost of the form that you calculated in the previous part of the problem. Suppose that after the agreement, the client sends an equal mix of forms of types D and E only. The expected digitization cost per form of the forms sent by the client is $___________ . This leads to an expected loss of $__________ per form for BPO. (Hint: Do not round your answers. Enter the loss as a positive number.)
What techniques or approaches can be used to achievemass customization in practice?
Can you just answer part c please? Thanks!
Kindly solve this correctly
Solve both parts now early
Q3 need in 10 minutes
These are not graded questions as they are revision questions from my textbook
Fly by night over Uttar Pradesh in northern India, the country’s most populous state, and its cities appear as dazzling islands. In between, however, lies an inky sea. Perhaps two-thirds of Uttar Pradesh’s 200 million people have no regular electricity. In India, 700 million, or more than half of the population, suffer unreliable connections to the national grid, or none. Often, once the sun drops, darkness prevails. On paper, plans exist for linking the country’s northern and southern grids. That would help, yet nobody expects rural India to be properly plugged in for a long time yet. Meanwhile, the villagers soldier on with paraffin lamps, which harm lungs and emit a dim light that is of little use for school homework. Also, darkness breeds danger, so women stay home after the sun goes down. A lack of electricity limits business, as markets and shops close early. Banks have been ordered to reach villages and provide basic financial services, but they need electricity to do so. And…
Please solve both as they are easy and get like Hand written solutions are strictly prohibited