Business Case Analysis 'Electronic Payment Systems in Action ...

o Familiar card face style display
o Organize your information with nested categories
o Card notes let you add extra information
o Over 30 easy card templates and 40 icons included
• High initial capital investment
Weakness
• Potential for overall slower system during transition/implementation period
• Although there are many benefits to e-wallet, there are also many significant
disadvantages. These include fraud, failure of technology, possible tracking of
individuals and the loss of human interaction.
• Fraud over e-payment technology has been a pressing issue in recent years. Hacking
into bank accounts and the illegal retrieval of banking records has led to a
widespread invasion of privacy, and has promoted identity theft.
• There is also a pressing issue in regards to the technology involved in e-wallet. Power
failures, loss of records, and undependable software often cause a major setback in
promoting the technology.
Opportunities
Should this e-wallet solution works well with Movie Gallery, it will generate huge revenue
and most organization that has not applied this will follow suit to implement this system
• If implemented, The Company will increasingly cash up on its credentials as an
online home entertainment retailer by selling its products worldwide.
• Most money in today’s world is electronic, and tangible cash is beginning to become
less and less frequent. With the introduction of internet / online payment with just a
click,, paper money is becoming outdated.
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