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Consolidating ePayment Processing for Six Locations Saves Over $22,000 Annually with Credit Card Advantage from Nodus Technologies, Inc.







Consolidating ePayment Processing for
Six Locations Saves Over $22,000
Annually with Credit Card Advantage from
Nodus Technologies, Inc.

Consolidating ePayment Processing for
Six Locations Saves Over $22,000
Annually with Credit Card Advantage from
Nodus Technologies, Inc.
07/15/2004 03:05 AM

In less than two days, eBlueprint.com implemented the solution and trained sales and accounting personnel to use it effectively. With Credit Card Advantage, the company achieved its dream of a paperless back office and the eliminated errors that plagued them. [PRWEB Jul 15, 2004]




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Consolidating ePayment Processing for Six Locations Saves Over $22,000 Annually with Credit Card Advantage from Nodus Technologies, Inc.

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Visa expects to have produced working prototypes of the devices in about a year's time, Arnold says, although with security and other technology issues still to be ironed out, it's likely to be a few years before such cards become widely available. In addition, the LCD-like screens being used in early designs are too fragile for everyday use, Arnold says....

Another issue with the use of display screens on credit cards is cost-effectiveness, she says. 'It's all expensive--the cost of the battery, the display, hooking [the display] up to the chip. The initial cards with these displays are going to be very expensive,' she says....

Clearly, displaying personal account information on a card presents potential security concerns, and Visa is looking at technologies such as biometrics and passwords to secure access. Banks and end users will help to determine how much security is necessary, and certain information, such as points accrued through loyalty programs, might not need much protection, she says." [PCWorld.com]

An interesting idea, and you have to wonder if these catch on someday, will patrons expect to be able to read their library cards, too? Could be kind of handy to be able to whip out your library card and see which items you have checked out and when they're due.


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Grok Description matches for Consolidating ePayment Processing for Six Locations Saves Over $22,000 Annually with Credit Card Advantage from Nodus Technologies, Inc.
GrokA matches for Consolidating ePayment Processing for Six Locations Saves Over $22,000 Annually with Credit Card Advantage from Nodus Technologies, Inc.

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Exposing click fraud: This is why I think that, ultimately, pay-per-click business models are flawed for the advertisers.

[...] some marketing executives estimate that up to 20 percent of fees in certain advertising categories continue to be based on nonexistent consumers in today's search industry.

[...] Human operations can be more difficult to detect because a wide network of people can click on ads from different computers across many regions, without a steady pattern. According to a report in the India Times, residents are being hired to click paid links from home, with the hopes of making between $100 to $200 per month.

I think the future is pay-for-performance (the advertiser only gets paid if someone actually puchases something).

This is an evolution, but so was the original pay-per-impression model that's slowly vanishing these days. I remember when pay-per-impression began to lose favor, site owners protested by saying, "But hat's how it works on TV and radio..."

However, with those mediums, you can't easily measure performance. With the Web, you can. That fact led to the demise of per-per-impression, and I think it will eventually lead to the demise of pay-per-click too. Pay-for-performance is pretty foolproof — the merchant doesn't pay until they have cash in hand, and that's hard to spoof.

Click here to comment on this entry


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Campaign against Internet, SMS fraud


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Click Fraud - It never really stopped


Click Fraud - It never really stopped 07/19/2004 06:23 PM
Direct and Related Links for 'Click Fraud - It never really stopped' CNET/News.com discuss an old scam that most of us have probably not seen in awhile, Click Fraud. This is a scam perpetrated when a person aims to defraud an advertising based program such as Google’s Adsense. The perpetrator uses special software designed create the fake “click throughs” hitting the ad’s counter when in reality it is just a piece of software that is creating these fake numbers to fool the the ad company….

Exposing click fraud


Exposing click fraud 07/19/2004 07:50 AM
Google, others under scrutiny as advertisers grow concerned about phony clicks.

Email fraud soars


Email fraud soars 02/18/2004 05:55 AM
Swimming with the phishes

Report: Fraud Reports


Report: Fraud Reports 02/12/2004 11:28 AM
Readers follow up on the "IP logged" scam (actually a worm/virus) and notes a new "PayPal" scam, along with an email address for reporting these scams to PayPal.

Fraud Detection Thoughts


Fraud Detection Thoughts 03/19/2005 02:50 AM

Some problems with using individual user behavior analysis for fraud detection:

  • Low ROI
  • High false signals
  • Bad user experiences

IMHO, it makes more sense to just give the user the means to protect themselves.  Allow user to move functionalities to areas with the desired protection level and set thresholds to the level suitable for them.

For example, divide up functions into three boxes, representing three levels of required authentication, and let the user move functions between boxes.  I would keep transaction history at far left and move money transfer to the far right which will result in e-mail confirmation for each transaction.

Much of the user chores can be alleviated by offering a set of standard account configuration packages.  For premium accounts, additional boxes could be added for more intimate verifications like a personal call from the account manager.  Hi, Don.  Are you sure you want to transfer half of your account to a russian bank?


Stanford: Psychology is a Fraud


Stanford: Psychology is a Fraud 03/14/2005 04:33 PM
February 9 Today’s psychology lecture is on individual differences, what distinguishes between people’s personalities. The primary theory of the field,…

Concern over net phone fraud


Concern over net phone fraud 06/24/2004 06:49 AM
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Preventing Online Fraud


Preventing Online Fraud 07/05/2004 02:39 PM
WebDevInfo Jul 5 2004 6:32PM GMT

Other News: Fraud and ID Theft


Other News: Fraud and ID Theft 01/23/2004 02:21 PM
The FTC issues statistics about ID theft and online fraud.

Lay contends he was clueless about fraud


Lay contends he was clueless about fraud 07/14/2004 08:32 PM

Consolidating ePayment Processing for Six Locations Saves Over $22,000 Annually with Credit Card Advantage from Nodus Technologies, Inc.

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