a. Payment for small amounts in e-commerce (let's say less than RM10) can be a problem as credit and debit cards are restrictive in their approval until certain required level of price to be paid is fulfilled. E-micropayment helps to solve this problem. What are the different micropayment models that are available? (5 Marks)
b. Identify and briefly describe FIVE(5) attributes of m-commerce. (5 Marks)
a.There are 5 different micropayment models which are:
ReplyDelete1.Aggregation: the payment from a single consumer are batched together and processed after a certain period has expired which mean the payment will be collect to the total and pay after a certain time.
2.Direct payment: the micropayments are added to a monthly bill for existing services eg phone bill. The payment will direct deducted from the account.
3.Stored value: the payments are made to a debit account like M2U. When the consumer purchases an item then the payment will deducted by the debit account which mean the consumer pay the payment before they purchase an item.
4.Subscriptions: a single payment covers access to content for a defined period time. Consumer will pay the payment for the monthly such as rental.
5.Ala carte: vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees. This type of micropayment is customizing which mean the buyers can discuss with the sellers.
b.Five attributes of m-commerce:
1.Ubiquity – Wireless mobile devices can send and received any information at anywhere and anytime. For example, smartphone and tablet PC that able to get the information when the user needed, no matter the user at where and when need the information.
2.Convenience – the mobile companies are producing functional and small size mobile phone to the public.
3.Interactivity – the user can use mobile phone to make a transactions, communications or service with the others.
4.Personalization –mobile devices are owned and operated by a single user. This enable consumer personalization – the delivery of information, products, and services designed to meet the needs of individual consumers.
5.Localization – always tracking the location of the user and provide some offering relevant information to the user in real time. Such services are known as location-based m-commerce.
Woon Ching Yee (KK1080053)
a. It has 5 basic micropayment model which are:
ReplyDelete1. Aggregation: payments from a single consumer are batched together and processed only after a certain time period has expired.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value: upfront payments are made to a debit account from which purchases are deducted.
4. Subscription: single payment covers access to content for a defined period of time.
5. Ala Carte: customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b. 5 attributes of m-commerce:
1. Ubiquity: being available at any time that can deliver information when it's needed.
2. Convenience: more functionality and usability.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization: knowing where a user is physically located at any particular moment.
Noorfazila (KK0910197)
Five Different micropayment models available such:
ReplyDelete1.Aggregation
-using as payment from single consumer and processed only after a certain time periods has expired.
2.Direct payment
-monthly bill added by micropayments for existing services such phone bill stored value.
3.Stored value
-upfront payments are made to a debit account from which purchases are deducted as they a made.
4.Subscriptions
-single payments covers access to content for a defined period time.
5.Ala Carte
-vendor process volume purchases to negotiate lower credit and debit card processing fees.
Five attributes of m-commerce
1.Ubiquity
-available in any location and time when the smartphone deliver information.
2.Convenience
-increase functionality by any mobile devices.
3.Interactivity
-involving such transactions,communications and service interactive.
4.Personalization
-delivery some information about the products and services designed need by consumers.
5.Localization
-user located and offering relevant mobile services.
Fadlysius vunkhim (KK0950134)
a. this is 5 basic micropayment model which are:
ReplyDelete1. Aggregation:
- a single consumer payments from are batched together and processed only after a certain time period has expired.
2. Direct payment:
- micropayments are added to a monthly bill for existing services.
3. Stored value:
- upfront payments are made to a debit account from which purchases are deducted.
4. Subscription:
- single payment covers access to content for a defined period of time.
5. Ala Carte:
- customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b. 5 attributes of m-commerce:
1. Ubiquity: being available at any time that can deliver information when it's needed
2. Convenience: more functionality and usability any mobile devices.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services can required.
5. Localization: knowing where a user is physically located at any particular moment with information of location provided.
A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online.
ReplyDelete(a) 5 micropayment models;
1. Aggregation- aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount.
2.Direct Payment- direct payments are used by customers who have ongoing bills, allowing them to authorize regular monthly withdrawals by companies as payment for their accumulated bills.
3.Stored Value- advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscriptions – a single payment covering access to content for a stipulated time frame.
5. Ala Carte: vendor process purchases occured, and depending on the total amount of purchases to negotiate lower credit and debit card processing fees. Negotiation is involved.
(b)5 attributes of m-commerce:
1.Ubiquity—easier information access in real-time
2.Convenience—devices that store data and have Internet, intranet, extranet connections
3.Instant connectivity—easy and quick connection to Internet, intranets, other mobile devices, databases
4.Personalization—preparation of information for individual consumers
5.Localization of products and services—knowing where the user is located at any given time and match service to them
Annalisah bt Suraiansah (KK1080045)
It's consist of five different micropayment models which are:
ReplyDelete1. AGGREGATION: Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold.
2. DIRECT PAYMENT: Micropayments are added to a monthly bill for existing services such as a phone bill.
3. STORED VALUE: Upfront payments are made to a debit account from which purchases are deducted as they are made.
4. SUBSCRIPTIONS: Single payment covers access to content for a defined period of time.
5. ALA CARTE: Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
5 attributes of m-commerce:
1. UBIQUITY: Being available at any location at any time.
2. CONVENIENCE: Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
3. INTERACTIVITY: Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
4. PERSONALIZATION: The delivery of information, products, and services designed to meet the needs of individual consumers.
5. LOCALIZATION: Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time.
DANNY E.
KK0950318
a) There are five Different micropayment models available :
ReplyDelete1-Aggregation – Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold . This is the model used by Apple’s iTune and Peppercoin.
2-Direct payment – Micropayments are added to a monthly bill for existing services such as a phone bill. This is the model used by the cellular companies for ringtone downloads.
3-Stored value – Upfront payments are made to a debit account from which purchases are deducted as they are made. Offline vendors (e.g., Starbucks) often use this model, and music download services use variants of this model.
4-Subscriptions – Single payment covers access to content for a defined period of time. Online gaming companies often use this model, and a number of online newspapers and journals also use it.
5-Ala Carte – Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees. Golden Tee Golf video games uses this model, and quick service restaurants (QSRs) like McDonald’s and Wendy’s also use it.
b) The five attributes of m-commerce :
1- Ubiquity – Being available at any location at any time. A wireless mobile device such as a smartphone or tablet PC can deliver information when it is needed, regardless of the user’s location
2- Convenience – Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller
3- Interactivity – Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment
4- Personalization – Whereas a computer in a home, library, or Internet café might be used by a number of people, mobile devices are almost owned and operated by a single individual. This enable consumer personalization – the delivery of information, products, and services designed to meet the needs of individual consumers.
5- Localization – Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
MOHD SYUKRI MAJININ ( KK0970102 )
Leavin, pls put your nick name and matric no. Tks.
ReplyDelete1. E- Micropayments can be defined as a small online payment, usually under $10. There are five basic micropayment model as follows;
ReplyDeletei) Aggregation
- Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold. For example, Apple's iTune.
ii) Direct payment
- Micropayments are added to a monthly bill for existing services such as a phone bill. This is the model used by the cellular companies for ringtone downloads.
iii) Stored value
- Upfront payments are made to a debit account from which purchases are deducted as they are made. For example, starbucks.
iv) Subscriptions
- Single payment covers access to content for a defined period of time. For example, online gaming.
v) Ala Carte
- Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees. For example, McD's.
2. Five attribution of m-commerce are;
i) Ubiquity
- Ubiquity means being available at any location at any time.
ii) Convenience
- It is very convenient for users to operate in the wireless computing environment. Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
iii) Interactivity
- In comparison with the desktop computing environment, transactions, communications, and service provision is immediate and highly interactive in the mobile computing environment.
iv) Personalization
- Mobile devices are truly personal computing devices. Whereas a computer in a home, library, or Internet café may be used by a number of people, mobile devices are almost always owned and operated by a single individual.
v) Localization
- Knowing where a user is physically located at any particular moment is key to offering relevant services. Such services are known as location-based m-commerce.
Hermion H. ( KK0970076)
a. 5 Micro-payment models:
ReplyDeletei. Aggregation
Payments from a single consumer that are batched together and processed after a certain time period has expired.
ii. Direct Payment
Micropayments are added to a monthly bill for an existing services such as phone bill etc.
iii. Stored Value
Upfront payments are made to a debit account from which purchases are deducted as they are made.
iv. Subscription
Single payment covers access to content for a defined period of time. Similar to prepaid cards.
v. Ala Carte
Customizing purchasing process that rely on the volume of purchases and negotiate to lower credit and debit card processing fees.
b. 5 Attributes in M-commerce
i. Ubiquity
Being available at any time that can deliver information when it's needed, anywhere.
ii. Convenience
More functionality and usability in mobile devices nowadays.
iii. Interactivity
Transactions, communications and service provisions are immediate and highly interactive.
iv. Personalization
Fulfill the needs of individual consumers that provide information, products and services required in their own customization.
v. Localization
Knowing where a user is physically located at any particular moment and making it convenient to them.
Pheona Lezandra
KK0971094
a) 5 Micro-payment models:
ReplyDelete1. Aggregation- aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount.
2.Direct Payment- direct payments are used by customers who have ongoing bills, allowing them to authorize regular monthly withdrawals by companies as payment for their accumulated bills.
3.Stored Value- advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscriptions – a single payment covering access to content for a stipulated time frame.
5. Ala Carte: vendor process purchases occured, and depending on the total amount of purchases to negotiate lower credit and debit card processing fees. Negotiation is involved.
b) 5 Attributes in M-commerce:
1) Ubiquity—easier information access in real-time
2) Convenience—devices that store data and have Internet, intranet, extranet connections
3) Instant connectivity—easy and quick connection to Internet, intranets, other mobile devices, databases
4) Personalization—preparation of information for individual consumers
5) Localization of products and services—knowing where the user is located at any given time and match service to them
KHAMSIA HUNG (KK1010042)
There have five basic micropayment models that do not depend solely or directly on credit or debit cards, it is aggregation, direct payment, stored value, subscription, and Ala Carte.
ReplyDeleteAggregation- aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount.
2.Direct Payment- direct payments are used by customers who have ongoing bills, allowing them to authorize regular monthly withdrawals by companies as payment for their accumulated bills.
3.Stored Value- advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscriptions – a single payment covering access to content for a stipulated time frame.
5. Ala Carte - vendor process purchases occurred, and depending on the total amount of purchases to negotiate lower credit and debit card processing fees. Negotiation is involved.
There have five attributes of m-commerce it is ubiquity, convenience, interactivity, personalization, and localization. Ubiquity is being available at any location at any time. Convenience means mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller. Interactivity is transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment. Personalization also means enable consumer personalization the delivery of information, products, and services designed to meet the needs of individual consumer. Localization is where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
-mahlinah jumat (kk0970075)
a)A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online. PayPal defines a micropayment as a transaction of less than 12 USD.while Visa prefers transactions under 20 Australian dollars,and though micropayments were originally envisioned to involve much smaller sums of money, practical systems to allow transactions of less than 1 USD have seen little success.
ReplyDeleteOne problem that has prevented their emergence is a need to keep costs for individual transactions low,which is impractical when transacting such small sums even if the transaction fee is just a few cents.
Credit based systems use your credit card as the payment vehicle and remain the domain of the major financial institutions and typical credit card companies – who prefer to be known as “payment” companies now.
In order to try to solve the problem of many fees for small transactions, these credit based products depend on a concept known as “aggregation” to allow micropayments to be made. Aggregation bundles multiple small transactions into one larger one to reduce the transaction charges and fees
B)1. WIDESPREAD AVAILABILITY OF MORE POWERFUL MOBILE DEVICES
~> at the end of 2007, worldwide mobile telephone subscriptions had reach 3.3 billion. these devices are increasing in power, functionally,and features that support m-commerce
2.THE SERVICE ECONOMY
~> the transition from a manufacturing to a service-based economy is encouraging the development of mobile-based services,especially when customer services is highly competitive industries. individuals will pay for mobile services that perform a range of tasks.
3. VENDOR'S PUSH
~> both mobile communication network operators and manufacturers of mobile devices are advertising the many potential applications of m-commerce so that they can push new technologies, products, and services to buyers.
4. THE MOBILE WORKFORCE
~> some workers, such as salespeople and field service employees, have always worked away from an office.
5. INCREASE MOBILITY
~> the most widely recognized benefit of increase mobility is the productive use of travel time. workers who commute long distances, and especially executives who travel frequently, want to make more productive use of time they spend in public transportation vehicles or in airport lounges.
NORLIZAH MADSARAIL KK0870226
NURUL AIN MOKTAR KK0870590
(A) There have five basic micropayment models that do not depend solely or directly on credit or debit cards, it is aggregation, direct payment, stored value, subscription, and Ala Carte.
ReplyDelete1. Aggregation- aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount.
2. Direct Payment- direct payments are used by customers who have ongoing bills, allowing them to authorize regular monthly withdrawals by companies as payment for their accumulated bills.
3. Stored Value- advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscriptions – a single payment covering access to content for a stipulated time frame.
5. Ala Carte - vendor process purchases occurred, and depending on the total amount of purchases to negotiate lower credit and debit card processing fees. Negotiation is involved.
(B) There have five attributes of m-commerce it is ubiquity, convenience, interactivity, personalization, and localization. Ubiquity is being available at any location at any time. Convenience means mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller. Interactivity is transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment. Personalization also means enable consumer personalization the delivery of information, products, and services designed to meet the needs of individual consumer. Localization is where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
-mahlinah jumat (kk0970075)
a) There are 5 different micropayment models:-
ReplyDelete1. Aggregation – Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold . This is the model used by Apple’s iTune and Peppercoin.
2. Direct payment – Micropayments are added to a monthly bill for existing services such as a phone bill. This is the model used by the cellular companies for ringtone downloads.
3. Stored value – Upfront payments are made to a debit account from which purchases are deducted as they are made. Offline vendors (e.g., Starbucks) often use this model, and music download services use variants of this model.
4. Ala Carte – Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees. Golden Tee Golf video games uses this model, and quick service restaurants (QSRs) like McDonald’s and Wendy’s also use it.
5. Subscriptions – a single payment covering access to content for a stipulated time frame.
B). There are five Attributes in M-commerce:-
1. Ubiquity-Being available at any time that can deliver information when it's needed, anywhere.
2. Convenience-More functionality and usability in mobile devices nowadays.
3. Interactivity-Transactions, communications and service provisions are immediate and highly interactive.
4. Personalization-Fulfill the needs of individual consumers that provide information, products and services required in their own customization.
5. Localization-Knowing where a user is physically located at any particular moment and making it convenient to them.
jismon (KK0910368)
a) It has 5 basic micropayment model which are:
ReplyDelete1. Aggregation: payments from a single consumer are batched together and processed only after a certain time period has expired.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value: upfront payments are made to a debit account from which purchases are deducted.
4. Subscription: single payment covers access to content for a defined period of time.
5. Ala Carte: customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b. 5 attributes of m-commerce:
1. Ubiquity: being available at any time that can deliver information when it's needed.
2. Convenience: more functionality and usability.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization: knowing where a user is physically located at any particular moment.
jessie-kk0970520
Five Different micro-payment models available is:
ReplyDelete1.Aggregation,use for payment from single consumer and processed only after a certain time periods has expired.
2.Direct payment,monthly bill added by micro payments for existing services like phone bill stored value.
3.Stored value,upfront payments are made to a debit account from which purchases are deducted as they a made.
4.Subscriptions, single payments covers access to content for a defined period time.
5.Ala Carte, vendor process volume purchases to negotiate lower credit and debit card processing fees.
b. five attributes of m-commerce:
1. Ubiquity, being available at any time that can deliver information when it's needed.
2. Convenience, more functionality and usability.
3. Interactivity, highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization, Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization, knowing where a user is physically located at any particular moment.
Carlbryin bin jison (KK0910321)
a)
ReplyDelete1) aggregation- payment from a single consumer are batched together and processed only after a certain time period has expired.
2) direct payment- micro payment are added to a monthly bill for existing services such as a phone bills
3) store value- upfront payment are made to a debit account from which purchases are deducted as they are made.
4) subscriptions- single payment covers access to content for a defined period time.
5) ala carte- vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
b)
1) ubiquity-being available at any location at any time.
2) convenience- mobile computing devices are increasing in functionality and usability while remaining the same size or become smaller.
3) interactivity- transaction, communication n service provision are immediate and highly interactive in the mobile computing environment.
4) personalization- whereas a computer in a home, library or internet cafe might be use by a number of people.
5) localization- knowing where a user is physically located at any particular moment is key to offering relevant mobile service in real time.
laila
kk0950327
Exercise 4
ReplyDeleteA) A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online. Example, PayPal defines a micropayment as a transaction of less than RM10.00 while VISA prefers transactions is lower. Though micropayments were originally envisioned to involve much smaller sums of money, practical systems to allow transactions of less than RM10.00 have seen little success.
The different micropayment models that are available is one problem that has prevented their emergence is a need to keep costs for individual transactions low, which is impractical when transacting such small sum even if the transaction fee is just a few cents.
B) Five attributes of m-commerce:
1.Online shopping
-Ability to use wireless device to use shopping carts, perform product searches, price comparisons, order and even view order starus. Also used in online auctions like E-Bay
2.E-stock Trading
-Ability to manage, view, edit and conduct various e-stock trading actions via mobile device..
3. Ubiquity
- Ubiquity means being available at any location at any time.
4) Convenience
- It is very convenient for users to operate in the wireless computing environment. Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
5) Interactivity
- In comparison with the desktop computing environment, transactions, communications, and service provision is immediate and highly interactive in the mobile computing environment.
KK1010317 NYAM WEI LOONG
a) The different micropayment models that are available:
ReplyDeletei) Aggregation-Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold.
ii) Direct Payment-Micropayments are added to a monthly bill for existing services.
iii) Stored Value-Upfront payments are made to a debit account from which purchases are deducted as they are made.
iv) Subscriptions-Single payment covers access to content for a defined period of time.
v) Ala Carte-Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
b) Attributes of M-Commerce:
i) Ubiquity-Available in anywhere and anytime.
ii) Convenience-The mobile computing devices. have being increase in function and usability while remaining the same size or becoming smaller.
iii) Interactivity-Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
iv) Personalization-The delivery of information, products, and services designed to meet the needs of individuals consumers.
iv) Localization-Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time.
Stella Jaubil
KK1080039
A)The different micropayment model
ReplyDeletei. Aggregation – Payments from a single consumer are batched together and processed only after a certain time period has expired (20 business days)
ii. Direct payment – Micropayments are added to a monthly bill for existing services such as a phone bill.
iii. Stored value – Upfront payments are made to a debit account from which purchases are deducted as they are made.
iv. Subscriptions – Single payment covers access to content for a defined period of time.
v. Ala Carte – Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees
B)FIVE(5) attributes of m-commerce.
i) Ubiquity – available at any location at any time.
ii) Convenience – Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
iii) Interactivity – Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
iv) Personalization – means need of consumer to get information, products, and services required in their own customization.
v) Localization – Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time.
MAZWAN BIN IBRAHIM (KK0970208)
Question (A): Five differences micropayment models
ReplyDelete1.Aggregation- Any payments from one or any consumer are batched together and then the process will take a bit time only after a certain time already expired.
2. Micro payments are plus together to a monthly bill such as electricity bill, cell phone bill and water bill (Bil Air) . The payment will direct minus or deduct from the account.
3.The payments are made to a debit account. When the consumer purchases an item then the payment will minus by the debit account which mean the consumer pay the payment before they purchase any things.
4. Subscription can be define as any services that you subscribe according to period of time. For example, one month subscription. By just a single payment it can cover for your subscription acess.
5.Ala Carte is one process called Vendors process purchases happen when about they making negiotation to lesser credit and debit card.
Question (B)FIVE attributes of m-commerce:
a. Ubiquity: Always exist at any location at any time and everywhere that are needed.
b.Handiness: For examples, SONY ERICSSON AND NOKIA WHICH ARE the mobile companies producing multi functional and small size cell phone to the public.
c.Interactivity – Increase the speed and the quality of transactions, communications, and any services.
d. Personalization- As we know, cell phone is controlled by a single user. It means what the user wants such as information, news or any updates in their cell phone also can be applied according their own choices and customize.
e. Localization- A user can know where are the real location and provide any useful information to the user in real time.
SHAQDHATUL SHAQEEMA KK1190338.
A)
ReplyDelete1. Aggregation: the payment from a single consumer are batched together and processed after a certain period has expired which mean the payment will be collect to the total and pay after a certain time.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value, upfront payments are made to a debit account from which purchases are deducted.
4. Subscriptions a single payment covering access to content for a stipulated time frame.
5. Ala carte Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
B)
1- Ubiquity-Being available at any location at any time. A wireless mobile device such as a Smartphone or tablet PC can deliver information when it is needed, regardless of the user’s location
2- Convenience- It is very convenient for users to operate in the wireless computing environment. Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
3- Interactivity-Transactions, communications and service provisions are immediate and highly interactive.
4- Personalization-preparation of information for individual consumer
5- Increase mobility-the most widely recognized benefit of increase mobility is the productive use of travel time. workers who commute long distances, and especially executives who travel frequently, want to make more productive use of time they spend in public transportation vehicles or in airport lounges.
(MAZLAN)KK0950441
a.
ReplyDelete1. Aggregation
Payments from a single consumer that are batched together and processed after a certain time period has expired.
2. Direct Payment
Micropayments are added to a monthly bill for an existing services such as phone bill etc.
3. Stored Value
Upfront payments are made to a debit account from which purchases are deducted as they are made.
4. Subscription
Single payment covers access to content for a defined period of time. Similar to prepaid cards.
5. Ala Carte
Customizing purchasing process that rely on the volume of purchases and negotiate to lower credit and debit card processing fees.
b.
1. Ubiquity
Being available at any time that can deliver information when it's needed, anywhere.
2. Convenience
More functionality and usability in mobile devices nowadays.
3. Interactivity
Transactions, communications and service provisions are immediate and highly interactive.
4. Personalization
Fulfill the needs of individual consumers that provide information, products and services required in their own customization.
5. Localization
Knowing where a user is physically located at any particular moment and making it convenient to them.
Deffny Pearl Tanggar
KK0950196
There are five micropayment model:
ReplyDelete1. Aggregation - Payments from a single consumer are batched together and processed only after certain period has expired/monetary threshold
2. Direct payment - micropayment are added to a monthly bill for existing services such as phone bill.
3. Stored value - upfront payments are made to a debit account from which purchases are deducted as they are made.
4. subscriptions - single payment covers access to content for a defined period of time.
5. Ala carte - vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
Attributes of m-commerce:
1. ubiquity - available at any location and any time
2. convenience - mobile computing devices are increasing in functionality and usability while remaining the same size or getting smaller
3. interactivity - transactions, communications and service provision are immediate and highly interactive.
4. personalization - delivery of information ,products, and services designed to meet the needs of individual consumers.
5. localization -be able to know where the user located at any particular moment.
HALISA FAZAL RAHMAN (KK1010034)
There are 5 model of micropayment system:
ReplyDeletea) Aggregation model: Aggregation is to gather together a large number of low-value things, and bundle them into a single higher-value transaction. Aggregation also smoothes out the differences in preferences and not only lowers the mental transaction costs associated with micropayments by bundling several purchase decisions together, it creates economic efficiencies unavailable in a world where each resource is priced separately. For example, Apple's iTunes.
b) Direct payment model: It is adding to a monthly bill for existing services such as a phone bill for example mobile phone and ringtone download.
c) Stored value model: The payment made for debit account. When you purchase an item, the payment will deducted by debit account before you can get the item. For example, Starbuck's store card.
d) Subscription model: A subscription is a way of bundling diverse materials together over a set period, in return for a set fee from the user. Subscription also serves as a reputation management system. Because producer and consumer are more known to one another in a subscription arrangement than in one-off purchases. For example, online game and journal access.
e) Ala carte model: Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit or debit processing fees. For example, McDonald's.
5 attributes of m-commerce:
a) Interactivity: it is a transactions, communication, and service problem are immediate and highly interactive in the mobile computing environment.
b) Personalization: when computer at home, library, or internet cafe might be used by a number of people, mobile device are almost owned and operated by a single individual and this enable consumer personalization.
c) Localization: knowing where is the user physically located by any particular moment is to offering relevant mobile services in real time.
d) Ubiquity: being available at any location in any time. Smartphone or tablet pc can deliver information when needed.
e) Convenience: mobile computing devices increase in functionally and usability while remaining the same size.
Jacquelyne (KK0970046)
a) There are five Different micropayment models available.
ReplyDelete1-Aggregation – Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold . This is the model used by Apple’s iTune and Peppercoin.
2-Direct payment – Micropayments are added to a monthly bill for existing services such as a phone bill. This is the model used by the cellular companies for ringtone downloads.
3-Stored value – Upfront payments are made to a debit account from which purchases are deducted as they are made. Offline vendors (e.g., Starbucks) often use this model, and music download services use variants of this model.
4-Subscriptions – Single payment covers access to content for a defined period of time. Online gaming companies often use this model, and a number of online newspapers and journals also use it.
5-Ala Carte – Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees. Golden Tee Golf video games uses this model, and quick service restaurants (QSRs) like McDonald’s and Wendy’s also use it.
b) The five attributes of m-commerce.
1- Ubiquity – Being available at any location at any time. A wireless mobile device such as a smartphone or tablet PC can deliver information when it is needed, regardless of the user’s location
2- Convenience – Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller
3- Interactivity – Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment
4- Personalization – Whereas a computer in a home, library, or Internet café might be used by a number of people, mobile devices are almost owned and operated by a single individual. This enable consumer personalization – the delivery of information, products, and services designed to meet the needs of individual consumers.
5- Localization – Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
t-ra (KK1050425)
a) Five different micropayment models that are available:
ReplyDelete1. AGGREGATION: Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold.
2. DIRECT PAYMENT: Micropayments are added to a monthly bill for existing services such as a phone bill.
3. STORED VALUE: Upfront payments are made to a debit account from which purchases are deducted as they are made.
4. SUBSCRIPTIONS: Single payment covers access to content for a defined period of time.
5. ALA CARTE: Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
b) Five attributes of m-commerce:
1. UBIQUITY: Being available at any location at any time.
2. CONVENIENCE: Mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
3. INTERACTIVITY: Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
4. PERSONALIZATION: The delivery of information, products, and services designed to meet the needs of individual consumers.
5. LOCALIZATION: Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time.
HORINDO M
KK0950434
a) Payment for small online payments usually under rm10 was using micropayments. From the viewpoint of many vendors, credit and debit cards do not work well for such small payments. Five basic micropayment models that do not depend solely or directly on credit or debit cards such as aggregation, direct payment, stored values subscriptions and ala carte. A credit card provides the holder with credit to make purchases up to limit fixed by the card issuer. Card holders are charged high interest on their average daily unpaid balance. Within a debit card, the money for a purchased item comes directly out of the holder’s checking account. The actual transfer of funds from the holder’s account to the merchant’s take place within one or two days.
ReplyDeleteb) i) Ubiquity- being available at any location at any time. A wireless mobile device such as a smartphone or tablet PC can deliver information when it is needed, regardless of the user’s location.
ii) Convenience- Mobile computing devices are increasing in functionality and usability while remaining the same size or become smaller.
iii) Interactivity- Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
iv) Personalization-Whereas a computer in a home, library, or internet café might be used by a number of people, mobile devices are almost owned and operated by a single individual.
v) Localization- Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
kasma(KK0950381)
a) 5 available micropayment model :
ReplyDelete1. Aggregation: payments from a single consumer are batched together and processed only after a certain time period has expired.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value: upfront payments are made to a debit account from which purchases are deducted.
4. Subscription: single payment covers access to content for a defined period of time.
5. Ala Carte: customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b) 5 attributes of m-commerce :
1. Ubiquity: being available at any time that can deliver information when it's needed.
2. Convenience: more functionality and usability.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization: knowing where a user is physically located at any particular time.
lawrence
kk1160725
a)It has 5 basic micropayment model which are:
ReplyDelete1. Aggregation: payments from a single consumer are batched together and processed only after a certain time period has expired.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value: upfront payments are made to a debit account from which purchases are deducted.
4. Subscription: single payment covers access to content for a defined period of time.
5. Ala Carte: customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b)Five attributes of m-commerce
1.Ubiquity
-available in any location and time when the smartphone deliver information.
2.Convenience
-increase functionality by any mobile devices.
3.Interactivity
-involving such transactions,communications and service interactive.
4.Personalization
-delivery some information about the products and services designed need by consumers.
5.Localization
-user located and offering relevant mobile services.
Clera Philip(KK0950101)
What are the different micro payment models that are available?
ReplyDeleteAggregation – It’s a process where the customer payment would be compliance at certain time when the permitted levels of speculative limits for a single commodity have achieve and a payment require from the e-commerce. The payment need to be made by the customer before the due time which have been agree by both party.
Direct payment- the payment are made directly to the e-commerce by customer. Through there account.
Stored value- The best store value example for e-commerce are online banking. It’s because in our modern lifestyle currency are been use for exchange for products and services. Through online banking currency transition can been made by customer and e-commerce to exchange currency and services through wires.
Subscriptions- It’s a single payment that are been made by the customer to the e-commerce to receive a periodical for a sum paid, usually for an greed number of issues.
ALA CART- Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
(b)5 attributes of m-commerce:
1.Ubiquity- it’s a Wireless mobile devices which can send and received any information at anywhere and anytime. Which make it Easier to access information in real-time using m- commerce device
2.Convenience— As the mobile companies are manufacturing functional and small size mobile phone to the public as the technology moving forward. There also produce devices that store data and have Internet, intranet, extranet connections and many more usage for the m-commerce.
3.Instant connectivity— It’s a highly interactive in the mobile computing environment such as transaction, communication and service provision..
4.Personalization— It’s Where mobile are use just like a computer in a home, to excess information or Internet which are used by a number of people at a moment given, mobile devices are almost owned and operated by a single individual. This enable consumer personalization – the delivery of information, products, and services designed to meet the needs of individual consumers
5.Localization of products and services— By knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
Callvya Binti Sebin
KK1080012
a) The different micropayment model
ReplyDelete1. Aggregation - Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold. For example, Apple's iTune.
2. Direct payment - Micropayments are added to a monthly bill for existing services such as a phone bill.
3. Stored Value - Advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscription - Single payment covers access to content for a defined period of time such as prepaid cards.
5. Ala carte - Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees.
b) 5 Attributes of M-Commerce
1. Convenience - mobile computing devices are increasing in functionality and usability while remaining the same size or becoming smaller.
2. Ubiquity - being available at any time that can deliver information when it's needed.
3. Interactivity - Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
4. Personalization - The delivery of information, products, and services designed to meet the needs of individual consumers.
5. Localization - knowing where the user physically located by any particular moment is is to offering relevant mobile services in real time.
Azimah (kk1050584)
a)Different micropayment models that are available is aggregation, direct payment, stored value, subscriptions and ala carte.
ReplyDeleteb)The five attributes of m-commerce
i. Ubiquity - Being available at any location at any time. A wireless mobile device such as a smartphone or tablet PC can deliver information when it is needed, regardless of the user’s location.
ii. Convenience - Mobile computing devices are increasing in functionality and usability while remaining the same size or become smaller.
iii. Interactivity - Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
iv. Personalization - Whereas a computer in a home, library, or internet café might be used by a number of people, mobile devices are almost owned and operated by a single individual.
v. Localization - Knowing where a user is physically located at any particular moment is key to offering relevant mobile services in real-time. Such services are known as location-based m-commerce.
Kemdery Kerry (KK1080041)
a) 5 Micro-payment models
ReplyDelete1. Aggregation
Payments from a single consumer are batched together and processed only after a certain time period
has expired.
2. Direct payment
Micropayments are added to a monthly bill for existing services.
3. Stored Value
Advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscription
Single payment covers access to content for a defined period of time. Similar to prepaid cards.
5. Ala Carte
Customizing purchasing processes that rely on the volume of purchases to negotiate lower credit and debit card.
b) 5 Attributes in M-commerce
1. Ubiquity
Being available at any time that can deliver information when it's needed.
2. Interactivity
Transactions, communications and service provisions are immediate and highly interactive.
3. Personalization
Fulfill the needs of individual consumers that provide information, products and services required.
4. Interactivity
Transactions, communications, and service provision are immediate and highly interactive in the mobile computing environment.
5. Localization
Knowing where the user is located at any given time and match service to them.
marlina udan
-kk1110142-
a.there are 5 basic micropayment model:
ReplyDelete1. Aggregation: payments from a single consumer are batched together and processed only after a certain time period has expired.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value: upfront payments are made to a debit account from which purchases are deducted.
4. Subscription: single payment covers access to content for a defined period of time.
5. Ala Carte: customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b. 5 attributes of m-commerce:
1. Ubiquity: being available at any time that can deliver information when it's needed.
2. Convenience: more functionality and usability.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization: knowing where a user is physically located at any particular moment.
kk0870601
melissa subal
a.there are 5 basic micropayment model:
ReplyDelete1. Aggregation: payments from a single consumer are batched together and processed only after a certain time period has expired.
2. Direct payment: micropayments are added to a monthly bill for existing services.
3. Stored value: upfront payments are made to a debit account from which purchases are deducted.
4. Subscription: single payment covers access to content for a defined period of time.
5. Ala Carte: customizing purchasing process that rely on the volume of purchases to negotiate lower credit and debit card.
b. 5 attributes of m-commerce:
1. Ubiquity: being available at any time that can deliver information when it's needed.
2. Convenience: more functionality and usability.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization: knowing where a user is physically located at any particular moment.
KK0970030
Anna Phoong Chee San
anna phoong chee san plz email me at glazsliper_2004 @yahoo.com tq
Delete1) E- Micropayments can be defined as a small online payment, usually under $10. There are five different micropayment models that available such as:
ReplyDeletea) Aggregation
- In this model, Payments from a single consumer are batched together and processed only after a certain time period has expired or a certain monetary threshold. The examples that use this model is Apple’s iTunes.
b) Direct payment
- Direct payments are used by customers who have ongoing bills, allowing them to authorize regular monthly withdrawals by companies as payment for their accumulated bills. For example, phone bills.
c) Stored value
- Upfront payments are made to a debit account from which purchases are deducted as they are made. In the other hands, advance payment made by the customer for a debit account which total amount of purchases is deducted.
d) Subscriptions
- Single payment covers access to content for a defined period of time. For example, online gaming.
e) Ala Carte
- Vendors process purchases as they occur and rely on the volume of purchases to negotiate lower credit and debit card processing fees. For example, McD's.
2) There 5 attributes of m-commerce:
1.Ubiquity
- To make the availability to make a payments wherever they are even though through mobile phone and there also they can deliver their information to the company.
2.Convenience
- Devices that store data and have Internet, intranet, extranet connections. Made them more comfortable because of the good convenience.
3.Instant connectivity
- Easy and quick connection to Internet, intranets, other mobile devices regarding on this attributions as long as there is still got internet connectivity.
4.Personalization
- Preparation of information for individual consumers. This things also one of the way to trust the consumer and sellers because of the details information is given.
5.Localization of products and services
- Knowing where the user is located and tracking the user whenever they are online and they can see the offering at any time at any place based on m-commerce attribution.
FREDDY AIRIK(KK0970722)
There have five basic micropayment models that do not depend solely or directly on credit or debit cards, it is aggregation, direct payment, stored value, subscription, and Ala Carte.
ReplyDelete1. Aggregation- aggregating several small-value purchases and charging a credit card at the end of the day or some other period for the total amount.
2.Direct Payment- direct payments are used by customers who have ongoing bills, allowing them to authorize regular monthly withdrawals by companies as payment for their accumulated bills.
3.Stored Value- advance payments made to a debit account from which total amount of purchases are deducted.
4. Subscriptions – a single payment covering access to content for a stipulated time frame.
5. Ala Carte - vendor process purchases occurred, and depending on the total amount of purchases to negotiate lower credit and debit card processing fees. Negotiation is involved.
b. 5 attributes of m-commerce:
1. Ubiquity: being available at any time that can deliver information when it's needed.
2. Convenience: more functionality and usability.
3. Interactivity: highly interactive in the mobile computing environment such as transaction, communication and service provision.
4. Personalization: Fulfill the needs of individual consumers that provide information, products and services required.
5. Localization: knowing where a user is physically located at any particular moment.
ROSDIANA SABARRUDIN
KK1010094
CHECKED ON 15/12/2011.
ReplyDelete