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Business

E-BUSINESS

Credit Cards

Use of credit cards is one of the most popular methods of payment on the internet. Visa is currently testing a new type of credit card designed for use on the internet. Look at the Visa site (www.visa.ca) and note how this card differs from traditional credit cards.

Discuss the following:

1. How does the Verified by Visa card differ from other cards?

2. In what way is its use restricted?

3. What is the technology used by another type of card issued by Visa?

4. What extra equipment is needed?

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