scholarly journals Cash or Debit Cards? Payment Acceptance Costs for Merchants

2021 ◽  
Author(s):  
Fumiko Hayashi
Keyword(s):  
Debit Cards

Memperkuat Daya Saing Bank Syariah Dengan Meningkatkan Kemampuan Teknologi Informasi

Liquidity ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 32-41
Author(s):  
Amrizal Amrizal
Keyword(s):  
Information System ◽  
Credit Card ◽  
Banking Industry ◽  
Integrated System ◽  
Integrated Systems ◽  
Islamic Banks ◽  
Electronic Money ◽  
Electronic Transactions ◽  
Excellent Service ◽  
Debit Cards

Banking industry is very tight competition in all aspects. Results review from some literatures: journals and empirical data indicates that the banking industry has been applied information technology in order to provide excellent service to customers in the form of electronic transactions such as ATM, sms banking, e-commerce and so forth. Based on Bank Indonesia reports, the type of electronic transaction has been growing very rapidly between the transaction and Bilyetgiro Elekteronik Checks, ATM, Credit Card, Account Card Based (ATM and Debit Cards), Electronic Money, Delivery Chanel and RTGS. Those above transactions are relating to the Technology Information System and Integrated System. Integrated system is the combination of Hardskill which focus on knowledge and more to the integrity softskill (shidiq, trustworthy, tablig, fathonah). Islamic banks are ready to face competition both nationally and internationally, primarily face competition from the aspect of Integrated Systems. Bank Syariah Mandiri (BSM) developed e-banking features on an ongoing basis, among others

Enhancing Security of ATM Transactions via Debit Cards

2019 ◽  
Vol 7 (9) ◽  
pp. 152-157
Author(s):  
Asoke Nath ◽  
Sourya Saha ◽  
Sarthak Gupta ◽  
Nilarghya Das
Keyword(s):  
Debit Cards

Estimacion de Economias de Escala en el Mercado de Tarjetas de Pago

2019 ◽  
Vol 12 (2) ◽  
pp. 86-92
Keyword(s):  
Cost Function ◽  
Economies Of Scale ◽  
Payment Methods ◽  
Per Se ◽  
Main Banks ◽  
Debit Cards

During the last years, the growth of transactions made through credit and debit cards has presented quite signif- icant increases both in number and in amounts. This paper studies the existence of economies of scale in the pro- cessing of such transactions, a situation that would exist if it were compatible with the existence of a single firm destined to the processing of said operations. The existence of a single firm for processing is not in itself a problem per se, which does generate problems for the competition is the structure of said firm, because for the period of time analyzed, its shareholder composition was composed of The main banks that issue these cards, but also have given them the function of being the acquirer of the merchants for these payment methods, which generates a vertically inte- grated structure, which creates competition problems in the market. After estimating the model indirectly from a cost function, this work determines the existence of economies of scale in the industry.

scholarly journals Technology Adoption and Consumer Payments: Evidence from Survey Data

2003 ◽  
Vol 2 (2) ◽  
Author(s):  
Fumiko Hayashi ◽  
Elizabeth Klee
Keyword(s):  
Technology Adoption ◽  
Survey Data ◽  
New Technologies ◽  
New Technology ◽  
The Internet ◽  
Electronic Payment ◽  
Point Of Sale ◽  
Goods And Services ◽  
Transaction Value ◽  
Debit Cards

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers' propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer's payment instrument use at the point of sale and for bill payment. The sample includes consumers surveyed in 2001, who are primarily users of the Internet. The results indicate that consumers who use new technology or computers are more likely to use electronic forms of payment, such as debit cards and electronic bill payments. Particularly, the use of direct deposit is a significant predictor of electronic payment use. Furthermore, the results indicate that payment choice depends on the characteristics of the transaction, such as the transaction value, the physical characteristics of the point of sale, and a bill's frequency and value variability.

Enhancing Privacy in PUF-Cash through Multiple Trusted Third Parties and Reinforcement Learning

2022 ◽  
Vol 18 (1) ◽  
pp. 1-26
Author(s):  
Georgios Fragkos ◽  
Cyrus Minwalla ◽  
Eirini Eleni Tsiropoulou ◽  
Jim Plusquellic
Keyword(s):  
User Anonymity ◽  
Third Party ◽  
Security And Privacy ◽  
Machine Learning Techniques ◽  
User Privacy ◽  
Trusted Third Party ◽  
Physical Unclonable Functions ◽  
Learning Techniques ◽  
Direct Contrast ◽  
Debit Cards

Electronic cash ( e-Cash ) is a digital alternative to physical currency such as coins and bank notes. Suitably constructed, e-Cash has the ability to offer an anonymous offline experience much akin to cash, and in direct contrast to traditional forms of payment such as credit and debit cards. Implementing security and privacy within e-Cash, i.e., preserving user anonymity while preventing counterfeiting, fraud, and double spending, is a non-trivial challenge. In this article, we propose major improvements to an e-Cash protocol, termed PUF-Cash, based on physical unclonable functions ( PUFs ). PUF-Cash was created as an offline-first, secure e-Cash scheme that preserved user anonymity in payments. In addition, PUF-Cash supports remote payments; an improvement over traditional currency. In this work, a novel multi-trusted-third-party exchange scheme is introduced, which is responsible for “blinding” Alice’s e-Cash tokens; a feature at the heart of preserving her anonymity. The exchange operations are governed by machine learning techniques which are uniquely applied to optimize user privacy, while remaining resistant to identity-revealing attacks by adversaries and trusted authorities. Federation of the single trusted third party into multiple entities distributes the workload, thereby improving performance and resiliency within the e-Cash system architecture. Experimental results indicate that improvements to PUF-Cash enhance user privacy and scalability.

Suspicious Behavior Detection in Debit Card Transactions using Data Mining

2015 ◽  
Vol 28 (3) ◽  
pp. 1-14 ◽  
Author(s):  
Ehsan Saghehei ◽  
Azizollah Memariani
Keyword(s):  
Data Mining ◽  
Hybrid Model ◽  
Real Life ◽  
Final Analysis ◽  
Self Organizing Map ◽  
High Ability ◽  
Detection Problem ◽  
Behavior Detection ◽  
Using Data ◽  
Debit Cards

The approach used in this paper is an implementation of a data mining process against real-life transactions of debit cards with the aim of detecting suspicious behavior. The framework designed for this purpose has been obtained through merging supervised and unsupervised models. First, due to unlabeled data, Twostep and Self-Organizing Map algorithms have been used in clustering the transactions. A C5.0 classification algorithm has been applied to evaluate supervised models and also to detect suspicious behaviors. An innovative plan has been designed to evaluate hybrid models and select the most appropriate model for the solution of the fraud detection problem. The evaluation of the models and the final analysis of the data took place in four stages. The appropriate hybrid model was selected from among 16 models. The results show a high ability of selected model in detecting suspicious behavior in transactions involving debit cards.

scholarly journals PLASTIC MONEY: PROSPECTIVE AND CHALLENGES

2020 ◽  
Vol 5 (2) ◽  
pp. 117-125
Author(s):  
Bhawna Mukaria
Keyword(s):  
Developed Countries ◽  
Smart Phones ◽  
Future Prospects ◽  
Electronic Money ◽  
Electronic Payments ◽  
Building Recognition ◽  
Technology Applications ◽  
The Government ◽  
To Come ◽  
Debit Cards

In present era, it is impossible to imagine modern bank transactions, commercial transactions and other payments without using the plastic cards. Plastic currency is now gradually becoming a necessity across the globe as more and more developed countries are opting for plastic compared to paper as there are several inherent advantages. The growing involvement of smart phones has made technology applications much more accessible to users. The Government also move forward for a “Digital India” and its focus on growing electronic payments is significant drivers of growth in replacing physical payments with technologybacked solutions. India is at the stage of an amazing shift towards electronic money from traditional cash. For instance the Pradhan Mantri Jan Dhan Yojana (PMJDY), is slowly building recognition among people to move from paper to electronic money. The PMJDY alone has seeded over 150 million Rupay cards in the last year, in addition to the 400 million debit cards already in circulation. There is still emergence for significant increase in the usage of debit cards in the years to come as card. This paper focus on the challenges and future prospects of plastic money in India.

scholarly journals Evolution of payment methods in Greece – Determinants of their use

2019 ◽  
Vol 31 (3) ◽  
pp. 5-16
Author(s):  
Pantelis Kyrmizoglou ◽  
Aikaterini Daoultzoglou
Keyword(s):  
Capital Controls ◽  
Point Of View ◽  
Loyalty Programs ◽  
Primary Research ◽  
Level Of Education ◽  
Payment Methods ◽  
Digital Era ◽  
Debit Cards

From society’s point of view and the exchange of products, metal and gold, till the digital era of cryptocurrencies mediated a lot of phases in payment methods that Greeks used. In this assignment, means of payment are presented and analyzed through the years, differentiations and trends are examined as well as Greek citizens’, and not only, choices are commented according to the means of payment they use via statistical reports conducted by related entities. The aim of this primary research that has been developed in Delta Municipality is the specifying of factors which have an impact on users’ payment choices and also the discovery of a relation probably between those choices and those of sex, age, level of income or level of education. Findings show the general dominations of debit cards in all ages and level of income, for each kind of transaction (natural or digital), confirming the raise of plastic money in Greece after capital controls’ arrival. Speed, directness and convenience are the characteristics which are necessary to be fulfilled by a means of payment, but also another modern reason and necessity of plastic money is the new tax-free builder regime. Furthermore, loyalty programs that cards provide most of the time are really tempting. There is no familiarization neither with cryptocurrencies nor the new contactless media, but only for the concept, independently of age. Finally, grey payments are still a concerning issue, which are preferred by everyone verifying the Greek reality.

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