machines that accept different forms of payments‚ like credit cards‚ to increase the likelihood that consumers will make a purchase. Vending machines are a convenience for customers‚ especially vending machines that offer variety and accessibility. Credit-card acceptance and healthier food options are helping to keep this business poised for longevity. Cash Flow The minute the first customer drops his coins or swipes his debit card‚ cash flow begins. With the right products and the right location
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finance: IT innovations has allowed transactions to be completed in a manner of seconds as opposed to hours or days. Stocks can be bought online. Intelligent trading software can automatically buy and sell stocks. The innovation of credit cards (and debit cards) allows people to carry out their transactions 24/7 without needing cash. The invention of the ATM (Automated teller machine) has allowed people 24/7 access to cash. Economics: one obvious effect of technology is globalisation. now many
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took “cooperation with the partners” to make use of clients’ personal data and get the commission. Although Octopus Company claimed that they had obtained agreement to persons involved‚ because Octopus card holders had agreed the “personal data policy”. However‚ as a matter of fact that lots of card holders did not read the policy‚ at an obscure spot in the right lower part of the company’s home page‚ we can find a link about "personal data policy”. It is a long document in small print which is as
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Introduction Purpose The purpose of this report is to propose a plan to renovate the cafeteria at DeVry University campus in Addison so it can be more appealing and inviting to current and new student. Procedure Over the past 4 weeks we have done extensive research electronically to obtain information about furniture‚ TV’s‚ computer‚ printers‚ vending and coffee machine. We have utilized different websites such as Walmart.com and Bedbath&beyond.com for furniture’s. To get new and
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product developers must know not only the technical characteristics of the product they are developing‚ but also how the product will be used. The event of a Bank customer withdrawing money from an ATM: 1‚find an ATM 3‚Insert your credit or debit card into an ATM machine. 2‚Inter your four-digit Pin using the ATM keypad 4‚Enter the amount you wish to withdraw using the ATM
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employees that has the valid credentials can enter or have access to a certain offices and electronic files that can be accessed through various system tools. My part of the job was to assign two different types of access control systems namely‚ the smart card access control and the biometric access control‚ requested by the Chief Information Officer of the company itself. Once I’ve done with the research of both access control system‚ I would be voicing out my point of views based on which of the two
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Introduction The idea of a single smart card to be used for multiple services has been around for years. Instead of using separate access devices for different services‚ a user can access multiple services from different service providers by a single smart card. For example‚ a user can use the same smart card to log on to a remote server system‚ enter a secure building‚ and perform a financial transaction. This kind of design frees people from carrying many cards‚ bringing users the great convenience
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1. Do some Internet research on Chevron’s use of seismic imaging technology. Briefly explain how it works and how it has helped Chevron discover new oil and gas reservoirs. Answer: To understand how seismic imaging technology helped Chevron discover new oil and gas reservoirs‚ we must investigate the mechanism of seismic imaging technology. This technology sends the shockwaves to underground to know if there is crude oil and other natural gases beneath the ground. In this way geologists calculates
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SECURITY OF CONTACTLESS SMART CARDS By (Project IV: PJT401B) Submitted in partial fulfillment of the requirements for the degree BACCALAUREATUS TECHNOLOGIAE: INFORMATION TECHNOLOGY in the FACULTY OF INFORMATION AND COMMUNICATION TECHNOLOGY (Department of Software Engineering) at the TSHWANE UNIVERSITY OF TECHNOLOGY 1. BACKGROUND The Contactless smartcard has built-in chip technology‚ as well as a standard magnetic Stripe. This enables the card to be used in the traditional
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theme‚ the topic chosen is the effectiveness‚ efficiency and productivity of the operational system of Rea Vaya. Upon observation and experience‚ Rea Vaya is often offline‚ as the company is based on a prepaid smart card system. Therefore this frequent problem inhibits customers to load their cards with money. Furthermore the alternative option when the system is offline is to buy “single trip” tickets‚ which are seldom available. In addition‚ upon purchasing the alternative‚ receipts are not provided
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