We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Visa's Anticompetitive Practices - Essay Example

Comments (0) Cite this document
Summary
System Purpose/Objectives Visa Inc has been conducting electronic financial transactions since 1970 and has thus perfected its services all over the world. As people move towards the paperless economy, the company is well positioned to present people with greater chances of benefiting from its services…
Download full paperFile format: .doc, available for editing
Polish This Essay97.8% of users find it useful
Visas Anticompetitive Practices
Read TextPreview

Extract of sample
"Visa's Anticompetitive Practices"

Download file to see previous pages This will help them come up with business tat can be accessed and supported from any part of the world provided they have a chance to register for this type of service. The other objective that they seek to achieve is maintaining and increasing merchant confidence in using the visa cards anywhere in the world. This means that they must get into collaboration with other likeminded companies that will help them achieve these objectives given the rise in cyber crimes and identity theft in the world. Another objective is to reduce operational expenses by reducing chargeback and linking authentication to ensure data integrity at all times. They also seek to improve purchase security and enhance integrity through the enhancement of security for an internet purchases (Gitman and McDaniel 2008:58). System Components Before 2007, the structure mainly included of four non-stock companies that had been incorporated as group members into the company’s overall structural component. They included visa international service association, the Visa USA Inc, Visa Canada Association, and visa Europe limited. These were the incorporated members of the group. The others-Visa Latin America (LAC), Visa Asia Pacific and visa central Europe, Middle East and Africa- acted as part of the group’s divisions (Modestus 2012:36). ...
It was also a warded a minority stake in the main company which makes it a component of the whole. There were also other companies that acted as underwriters when the company underwent the restructuring and this means that its components would be increased when these underwriters were considered (Schlossberg 2008:388). Other components that make up the overall company are the items that form the greater part of the company. As such, debit cards, credit cards and prepaid cards also form the bulk of their company. This is because it is the main aspect that keeps them in business. They also deal with automated teller machine networks and point-of-sale terminals for those who deal with debit protocols without the need of getting into any check-writing privileges (Szoka & Marcus 2010:102). Stakeholders The main stakeholders of this company include the western European operation unit, the merged regional offices; the merchants dealing in different sectors and who depend on the service of Visa Inc for their financial transactions, the shipping sector, banking sector, airlines and those who have bought shares in the company (Modestus 2012:49). Risks Despite the fact that people love this new method of transaction, there are risks that are involved in the long run. When people are conducting these transactions, they are not required to be there in person and this means that the probability of getting involved in illegal transactions is high. People have been allowed to transact from the comfort of their homes through the internet and this means that the only thing the bank relies on for authentication is the phone number or an IP-address. These are aspects that can change suddenly, exposing ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Visa's Anticompetitive Practices Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Visa's Anticompetitive Practices Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/management/1457729-visayies-anticompetitive-practices
(Visa'S Anticompetitive Practices Essay Example | Topics and Well Written Essays - 1250 Words)
Visa'S Anticompetitive Practices Essay Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/management/1457729-visayies-anticompetitive-practices.
“Visa'S Anticompetitive Practices Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/management/1457729-visayies-anticompetitive-practices.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Case Analysis of Case: Visa and MasterCard's Association Potentially Anticompetitive
Their products and services comprises of credit cards, charge cards and payment instruments enabling their customers to make purchases from different vendors without having to immediately access or reserve funds. The two enjoy the majority market share; accounting for over 75 percent of all purchases accomplished using general purpose cards in US (Baye and Scholten 1).
4 Pages(1000 words)Essay
Literacy Skills and Practices
Currently, learners are called upon as confident and discerning users of search engines and websites, social networking participants, complex information maze scrutinizers, critical and strategic explorers. As a student, I have been required to distinguish between fact and fiction, documentation and argument, fake and real, enlightenment and marketing, among others.
3 Pages(750 words)Essay
Nutritional Practices
Describing and analyzing the nutritional practices of the following ethnic groups living in the U.S, is relatively easy however, at the same time, it is difficult to characterize their net effect to account for the health benefits and disease reduction as each of the ethnic group observes diverse eating practices.
3 Pages(750 words)Essay
Local Practices
The current discourse hereby aims to present a comparative analysis of the information in the book written by Purnell & Paulanka (2008) regarding African Americans with local practices reported from a family living in the area. Thus, the aim is thereby made possible through locating an African American family and interviewing some members of the family to ascertain if the information about the culture in the textbook is correct.
3 Pages(750 words)Essay
Best Practices
Even when the conditions are similar best practices tend to stunt an organization due to lack of experimentation, challenge or risk and even if it help an organization meet its basic goals best practices are safe options that cannot help the organization grow or do anything innovative.
8 Pages(2000 words)Essay
Perioperative Practices
Modern day perioperative practices can be conducted simultaneously in set of six or more dissimilar theatres of the surgical departments in medical hospital settings. Independently, this may consists of high technology support accommodations, recovery division, and a stylish computer with refined video scheme that may permit personnel to check activities all through the service area from a central control quarter and to be in touch with each other easily (McIndoe Surgical Centre, rets: 8/31/08).
6 Pages(1500 words)Essay
Marketing practices
Thus, be it marketing of services or products, customer satisfaction is paramount. Nevertheless, due to competition, every industry market being totally customer-oriented,
2 Pages(500 words)Essay
Best Practices
A literal example of learning in the hospital setting is the e-hospital project (“E-hospital, 2009) where they strive to enable long-term patients with the education they need and even a university education. However,
4 Pages(1000 words)Essay
Antitrust Practices
F.T.C investigators were looking for a wide range of Google business malpractices like displaying results that favor Google commerce services
2 Pages(500 words)Essay
HR Practices
It covers eight behaviors, ten professional areas, and four bands of professional competence in a single diagram. In the map, the core professional areas are placed in the center along with other professional areas
5 Pages(1250 words)Essay
Let us find you another Essay on topic Visa's Anticompetitive Practices for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us