We need a five to six page PowerPoint Presentation that shows how Credit and Debit Transactions are processed today. The presentation will explain the role played by:
1. The Credit Card Associations including Visa, Mastercard, American Express
2. The Issuing Banks
3. The Acquiring Banks
4. The Payment Processors
5. The Hardware Providers (i.e. Point of Sale and Mobile Device)
This part of the presentation will also include a graphical representation of how each type of payment works its way through the system.
It will also provide an overview of
1. Total Systems
2. First Data
5. American Express
Finally, it will discuss the current state of the industry (i.e. Market Share by provider, volume of business conducted etc.) and commentary on new industry trends (i.e. mobile payments, increased security requirements etc).
Skills: research, online-payments