i n f o r m a t i o n t e c h n o l o g y s y s t e m s & s e r v i c e s - 1 - electronic...
DESCRIPTION
I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S A Middle Approach n Out-source credit card processing, run web sites locally - ICOMS, OpenMarket n Vendor takes risk of credit card fraud n Vendor provides technical support for financial transaction n Centrally built infrastructure to make it easier to use for departmentsTRANSCRIPT
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I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 1 -
Electronic CommerceCSG
October, 1999
Sandy Senti
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I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 2 -
Primary Goals Flexibility for departments No credit card numbers stored on
campus Single transaction processing service Integration with financial systems Service is self-sustaining
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I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 3 -
A Middle Approach Out-source credit card processing, run
web sites locally - ICOMS, OpenMarket Vendor takes risk of credit card fraud Vendor provides technical support for
financial transaction Centrally built infrastructure to make it
easier to use for departments
![Page 4: I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 1 - Electronic Commerce CSG October, 1999 Sandy Senti](https://reader037.vdocuments.us/reader037/viewer/2022083119/5a4d1ad87f8b9ab059973c17/html5/thumbnails/4.jpg)
I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 4 -
Infrastructure API framework for customization Data warehouse for transaction tracking Hooks into financial systems Database for product management Web site to get people started Stanford branded payment forms
![Page 5: I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 1 - Electronic Commerce CSG October, 1999 Sandy Senti](https://reader037.vdocuments.us/reader037/viewer/2022083119/5a4d1ad87f8b9ab059973c17/html5/thumbnails/5.jpg)
I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 5 -
Benefits/Issues Everyone wants to customize Everyone needs a substantial amount of
consulting to start Bank relationship
slow progress have reduced credit card fees
Cash management/finance reduced manual operations control worries
Not clear if it will be self sustaining Policy requires use of infrastructure
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I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 6 -
Service Offerings Vanilla
fast, inexpensive standard payment forms
Partial customization more flexible relies on infrastructure standard payment forms
Full customization everything is customized through an API
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I N F O R M A T I O N T E C H N O L O G Y S Y S T E M S & S E R V I C E S - 7 -
Costs 40 cents per transaction - sliding scale $100 per store setup fee Credit card fees
Visa, Mastercard - 1.95% American Express - 2.65%
Consulting fees Central costs
$12,000 to brand payment forms Infrastructure projects