Credit default swap

$215 later You go into a store intending to buy an outfit, $215 and two hours later you come out with a new Kohl’s charge card, three new outfits including shoes, a waffle maker, and popcorn popper. Then you’re sitting there asking yourself how you let this happen, I’m here to tell you this isn’t not your fault, we all get sucked into the black hole of consumption. Stores do everything with a purpose; nothing is ever meaning less, their location, design, layout, promotions…ect is all done…

Authors are attributed to having created technologies and new innovations that expounded heavily on what they might be, and how they might be used when writing their stories. Such an example is the debit card. A debit card is a plastic payment card that can be used instead of cash when buying goods or services. The checking account of the debit holder is automatically debited when a transaction has occurred. Safety measures such as entering a personal identification number (PIN) to verify a…

Airtel Money, the mobile wallet from the successful and popular telecom company Airtel, allows you to use your smartphone as an electronic wallet to make and receive payments. Originally launched in 2012, the app offers customers with an efficient alternative to cash transactions. The Airtel Money app provides people across the country an adept and convenient way of paying bills through various ubiquitous mobile platforms such as Android, iOS and Windows. Airtel Money was initially used by a…

INTERPRETATION CREDIT MANAGEMENT AT KAR MOBILES PVT LTD: Very few companies have attempted a systematic articulation and formalization of their credit policy and KAR MOBILES PVT LTD is one among them. TERMS OF PAYMENT: Terms of payment at KAR MOBILES PVT LTD are open account. Credit sales at the company can be As per the purchase order the amount is taken at the time of delivery. • The company excise duty is 12%. • Letter of credit is also followed. • Mode of payment DD/Cheque. Credit…

Airtel recently launched “Airtel secure” in April-2017. Airtel secure is a service in which an individual can get handset damage protection, 2GB cloud backup, Spam block, Contacts backup and antivirus for their device for as low as INR49/month. This application has been launched to give a head on competition to the new market entrant Jio security. Features offered by Airtel secure are more competitive than the Jio security. Airtel partnered with OneAssist pvt. Ltd. To provide support for…

Uber is an American international transportation network company. The company operates the service through the Uber mobile app, through which consumers with smartphones submit a trip request that is then forwarded to Uber drivers who use their own cars to take the consumer from point A to point B. Since the launch of Uber many companies have copied the business’s ideology (e.g. Lyft, Sidecar, BlackJet etc.) and that growing trend is called Uberification. The problems stated by NELP in the…

4.3.1.4 Use case combining both the Actors and subsystem: Below Figure 4.3 shows the Use case diagram of actor’s customer and cashier and the subsystem checkout trolley combined together. Key point to be noted from the Figure 3.4 are: • The use case “Get the checkout trolley”, must perform the use cases of the subsystem Checkout Trolley. • The use case “Pay bill” of customer and handle payment use case of the Cashier must perform the use cases, Cash payment and Card payment. • Similarly scan…

Blockchain is a shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network [1]. It is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but can be applied to everything of value. Once the information is entered in Blockchain it cannot be erased, modified or tampered with. Everyone in the network will be able to write data/perform transactions but cannot modify…

VISA Inc. is a multinational financial services corporation which facilitates electronic funds transfers across the world. Visa also issues debit and credit cards but it does not extend credit or sets charges for the consumers. It only caters to the needs of financial institutions regarding VISA-branded payment products which are used by the institutions to offer cash access programmes and cashless transaction programmes to their customers. The global network of Visa transactions is also called…

Likewise Ola, Uber’s app also has lot of features which provides ease to the customers in booking the cab. The app shows the closest Uber driver and the car with an ETA by when the driver would reach you. If you enter your destination, the app also gives an estimate of the fare. Having said that, it is just an estimate and the actual fare could vary depending on the traffic conditions, among other things. Some important features of the app are: a. Different Cabs for different purposes: Like Ola…