Solved: Credit card payments system as an intermediary, Business Management

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Credit card payments system as an intermediary

Assignment:

Case questions:

• Credit card payments system as an intermediary, is well accepted and trusted globally. PayPal is less than 10 years old and is today a US$54b business. If credit cards are so widely accepted and globally used, why is there a need for PayPal system? Highlight all the intermediaries between the buyer and seller to differentiate between the two systems.

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Business Management: Credit card payments system as an intermediary

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