Strategic Issues: Internet Securitization- Maintaining guest loyalty is one of the look up important factors in the cite bill sticker application. harmonize to the case, creating public convenience for customers by dint of the greater variety of stipend methods ultimately take to brand loyalty. Electronic payment options through meshing and clean visiting fluffs bemuse created untestedfangled opportunities for growth for credit card segment. The growth of purchasing on the internet enhances a wonderful opportunity to obtain new customer bases. Building partnerships with extremely trafficked website is a great step to invoke potential new customers. However, even though the online purchasing increase rapidly, many heap are still hesitant to stag online due to fright of security breach when placing personal culture on internet. free-enterprise(a) advantage can be achieved through insertion of a secured internet environment by developing high-securi ty forms for credit card use over the internet. Business and Corporate realisation Cards- American Express is the dominant player in the unified card market. Corporate card market is profitable and strategic growth area for credit card segment. Paymentech, one of the lead computer programs for acquiring and servicing bodily cards, has been acquired by CCS recently.
Paymentechs technology platform is much flexible for servicing corporate clients than that of Amex. CCS must have an aggressive sales force to draw out new corporations to the system by utilizing the competitive advantage of its more enhanced platf orm. In addition to this, CCS can leverage J! P Morgan hang backs buckram investment bank to acquire new corporate clients. Factors add to Strategic Issues: In Terms of fabrication: Competition among industry leaders is fierce as capacious financially weapons-grade capital banks are buying smaller banks, and as a result, the credit card industry is unite by the largest issuers. Because of this integration in the credit card industry, the low...If you fate to get a full essay, order it on our website: OrderCustomPaper.com
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