The Digital Transformation of Payment: A Glimpse Into the Future of Mobile Payment Systems

The Digital Transformation of Payment: A Glimpse Into the Future of Mobile Payment Systems
Title The Digital Transformation of Payment: A Glimpse Into the Future of Mobile Payment Systems PDF eBook
Author Tamara Knecht
Publisher
Pages 0
Release 2022-10-31
Genre
ISBN 9783346763426

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Master's Thesis from the year 2021 in the subject Business economics - Market research, grade: 1,0, accadis Hochschule Bad Homburg, language: English, abstract: Mobile payment systems are an innovation that allows people to make contactless payments with a mobile device (such as a smartphone) at the cash register in brick-and-mortar retail outlets without carrying a wallet with credit and debit cards. While other countries have almost entirely adopted and integrated this innovation into their daily lives, adoption rates in Germany remain significantly low. Hence, the objective of this work is to analyze the future of mobile payment systems in Germany with respect to the reasons for adoption or refusal. In particular, the following research question was addressed: Will mobile payment methods replace physical cards in Germany, or will certain factors prevent full adoption?

Google Wallet - a Glimpse Into the Future of Mobile Payments

Google Wallet - a Glimpse Into the Future of Mobile Payments
Title Google Wallet - a Glimpse Into the Future of Mobile Payments PDF eBook
Author Rohan Handa
Publisher GRIN Verlag
Pages 29
Release 2011-12
Genre Business & Economics
ISBN 3656083150

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Project Report from the year 2011 in the subject Information Management, University of Southern California, language: English, abstract: Over the past few thousand years of evolution, the way we pay has changed shapes and materials. It has gone from gold to coins, paper money to plastic cards and now with Google's venture into the mobile payment industry, we are at the threshold of the next big shift. Google Wallet is a mobile payment Android app that transforms a phone into a wallet. This app utilizes the Near Field Communication (NFC) technology that allows its users to pay for purchased items and redeem offers. At this initial stage of business, there are many features and factors that Google needs to change in order to bring about the mass adoption of this service. As the Business Technology Analysts at Google, we - Kritika Maheshwari, Malvika Saraf and Rohan Handa aim at addressing the hurdles for this technology and the methods to bring it to fruition. In the process we evaluate Google's profit motivation and the bigger strategy behind this service. First, we explain the business approach which describes the importance of the adopted business model. We use Porter's Five Force analysis to determine the competitive intensity in the market followed by SWOT analysis to give recommendations that will help in the mass adoption. Finally, we focus our paper on formulating a strategy canvas in order to study the existing payment methods in comparison to our service. The paper concludes with recommendations to Google for promoting wide customer acceptance.

The Economics of Digital Transformation

The Economics of Digital Transformation
Title The Economics of Digital Transformation PDF eBook
Author Katarzyna Śledziewska
Publisher Routledge
Pages 176
Release 2021-08-01
Genre Business & Economics
ISBN 1000423352

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The unprecedented Covid-19 crisis revealed the scale and scope of a new type of economy taking shape in front of our very eyes: the digital economy. This book presents a concise theoretical and conceptual framework for a more nuanced analysis of the economic and sociological impacts of the technological disruption that is taking place in the markets of goods and services, labour markets, and the global economy more generally. This interdisciplinary work is a must for researchers and students from economics, business, and other social science majors who seek an overview of the main digital economy concepts and research. Its down-to-earth approach and communicative style will also speak to businesses practitioners who want to understand the ongoing digital disruption of the market rules and emergence of the new digital business models. The book refers to academic insights from economics and sociology while giving numerous empirical examples drawn from basic and applied research and business. It addresses several burning issues: how are digital processes transforming traditional business models? Does intelligent automation threaten our jobs? Are we reaching the end of globalisation as we know it? How can we best prepare ourselves and our children for the digitally transformed world? The book will help the reader gain a better understanding of the mechanisms behind the digital transformation, something that is essential in order to not only reap the plentiful opportunities being created by the digital economy but also to avoid its many pitfalls. Chapters 1, 3 and 5 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. They have been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Handbook of Industry 4.0 and SMART Systems

Handbook of Industry 4.0 and SMART Systems
Title Handbook of Industry 4.0 and SMART Systems PDF eBook
Author Diego Galar Pascual
Publisher CRC Press
Pages 369
Release 2019-09-16
Genre Business & Economics
ISBN 0429849672

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Industry 4.0 refers to fourth generation of industrial activity characterized by smart systems and internet-based solutions. This book describes the fourth revolution based on instrumented, interconnected and intelligent assets. The different book chapters provide a perspective on technologies and methodologies developed and deployed leading to this concept. With an aim to increase performance, productivity and flexibility, major application area of maintenance through smart system has been discussed in detail. Applicability of 4.0 in transportation, energy and infrastructure is explored, with effects on technology, organisation and operations from a systems perspective.

Dynamic Time-Limits: How to optimize free parking

Dynamic Time-Limits: How to optimize free parking
Title Dynamic Time-Limits: How to optimize free parking PDF eBook
Author Kevin B. Warwood
Publisher Kevin B. Warwood
Pages 363
Release 2024-11-01
Genre Business & Economics
ISBN 0473732092

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"Dynamic Time-Limits: How to Optimize Free Parking" dives into a fresh approach to managing urban parking. Kevin B. Warwood tackles one of the most frustrating city problems: the constant battle for free parking in crowded areas like city centers, malls, hospitals, and campuses. These high-demand spots often lead to congestion, pollution, and a lot of wasted time as drivers circle for open spaces. The book’s big idea? Dynamic time-limits. Instead of flat rules, this system adjusts parking time limits based on real-time demand, making free parking work as efficiently as paid options. Warwood explains how this strategy can improve space availability, cut down on search time, and encourage a steady flow of customers for local businesses—all without charging drivers. Using real-world examples, data, and case studies, he shows how dynamic time-limits could make it easier to find parking and reduce the environmental impact of “cruising” for a spot. Warwood also takes a look back at traditional parking models, pointing out the downsides of both unregulated free parking and expensive paid options. He suggests a smarter middle ground: using AI and smart tech to adapt parking limits dynamically. This flexible approach could boost foot traffic, increase retail sales, and make parking fairer and more accessible. Ideal for urban planners, policymakers, business owners, and anyone interested in sustainable city design, Dynamic Time-Limits offers a blueprint for turning parking into a valuable community resource. Warwood’s insights open up new possibilities for making our cities more efficient, sustainable, and enjoyable for everyone.

Electronic Payment Systems: a User-Centered Perspective and Interaction Design

Electronic Payment Systems: a User-Centered Perspective and Interaction Design
Title Electronic Payment Systems: a User-Centered Perspective and Interaction Design PDF eBook
Author Dennis Abrazhevich
Publisher Dennis Abrazhevich
Pages 202
Release 2004
Genre
ISBN 9038619480

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Singapore after Lee Kuan Yew

Singapore after Lee Kuan Yew
Title Singapore after Lee Kuan Yew PDF eBook
Author S. C. Y. Luk
Publisher Routledge
Pages 203
Release 2020-12-30
Genre History
ISBN 135101904X

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This book addresses key questions about how Singapore is likely to develop going forward, what are the key challenges facing the state, and how is the government going to deal with these matters. The book shows how important Lee Kuan Yew and subsequent individual leaders have been in shaping Singapore, and goes on to consider specific new challenges, including rapid population growth, migration and a changing population mix, the rise of China and possible shifts in the regional balance of power, and anxieties about the economy and an increasing global backlash against the neo-liberal free trade regime. It considers key areas of economic policy, social policy, and foreign policy, and explores the changing nature of governance. It also examines the Singapore government's effort to contain the COVID-19 outbreak. Overall, the book provides a concise, comprehensive assessment of the current state of Singapore and its likely future direction.