Summary Dexit is a innovative electronic recompense opus that designs for low-value proceedings. ground on Radio Frequency Identification (RFID) technology, customers privy drill a small electronic tag to consecrate for goods and function without entering password on a narrow down endorser at the retail stores, which is obviously faster than each an other(prenominal) pay methods, such as cash, calculate cards and calibre reference cards. With this high reliable and convenient payment system, customers preserve surrender much clip on waiting queues and divert the troubles for carrying unclouded coins and exact change for small- capital purchases. In addition, merchants go away also gain a lot from Dexit to increase their revenues by improving sunder efficiency, decreasing the cash-handing costs, reducing cash tally and depositing charges, as sound as avoiding the bothers on checking for counterfeit money. Although other electronic payment systems have al ready been accepted by most consumers and retailers because of the easier and streamlined solutions they provide, no service is as efficient as Dexit has that addresses to small-ticket purchases. Therefore, Dexit has attracted troika powerful partners as early investors to append on this new system. Dexit seems has large potential markets, however the failures of foregoing two companies who provided akin(predicate) system suggested that the success isnt guaranteed.
Hence it is critical for the chief operating officer of Dexit to wee the best decisions on target market, marketing variety and charm launch p lan in a little time in order to become the! electronic payment type for low-value transactions in Canada. Question 1: Who be the Competitors of Dexit? Do you intend Dexit can replace the tralatitious electronic payment system? Advanced technology in electronic payment system allows money be transformed from traditional currency to newer forms including credit card, debit cards, electronic cheque, and electronic transactions using computing and communication theory devices. All kinds of estimable electronic... If you want to get a undecomposed essay, order it on our website: OrderCustomPaper.com
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