• Title/Summary/Keyword: Interchange Fee

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The Impact of Increased Credit Card Usage on Costs Incurred by Merchant Establishments in Singapore

  • Seetharaman, A.;Patwa, Nitin;Niranjan, Indu;Kavuri, Srinivas Phani
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.4
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    • pp.43-56
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    • 2016
  • The research aims to help merchant acquiring institutions gain a better insight on what merchant establishments in the Singapore market perceive of the costs they incur due to credit card acceptance. The research attempts to study the Singapore market and establish if increased credit card usage does increase costs for the merchant establishments that accept credit cards, this will help to acquire institutions in Singapore have a better understanding of merchant perceptions and what drives or deters credit card acceptance in the Singapore market. The survey was based on an interview of merchant establishments and the views of the merchants and was not based on their financial data. As a first step, the variables used in the survey were tested for interdependence using Chi-square tests; subsequently data reduction using factor analysis was performed and finally linear regression to establish a relation between dependent and independent variables. Merchant establishment believe accepting credit cards and increasing volume is costlier compared to another form of payment, but have mixed awareness about interchange fee. It also indicated that interchange fee and cardholder benefits are independent of the merchant establishments. The study only broadly attempts to gauge merchants view if increased credit card usage has increased costs for them.

Analysis of Direct Nursing Activity and Patient Outcomes Related to Graded Fee of Nursing Management for Inpatient (입원환자 간호관리료 차등제에 따른 직접간호활동 및 환자결과 비교)

  • 박성희
    • Journal of Korean Academy of Nursing
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    • v.33 no.1
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    • pp.122-129
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    • 2003
  • Purpose: The purpose of this study is to examine the difference of direct nursing activity and patient outcomes as mortality rate, complication rate, readmission rate and length of stay related to graded fee of nursing management for inpatient. Method: The subjects of this study were 44 general hospitals with more than 500 beds. Data totaled to 86,044 claims provided to inpatients in Jan. 2001 requested by an electronic data interchange from a Health Insurance Review Agency. The data was analyzed by SPSS win(ver.10.0) and statistical methods used were frequency, one-way ANOVA, $X^2$-Test and regression. Result: Synthetic judgment through performance index and 95% confidence interval, direct nursing activity showed to provided adequate quality of nursing care on 2nd, 3rd, 4th and 6th nursing degree. Also, patient outcomes showed difference by graded fee of nursing management for inpatient. Mortality rate of 2nd was the lowest with P.I. 67.9, 3rd, 5th, 6th, 4th in order. In case of complication rate, 2nd, 3rd and 4th were lower than other nursing degree. Readmission rate of 4th and 5th was the lowest. Length of stay of 2nd was the shortest with P.I. 88.3, 3rd, 4th, 5th, 4th, 6th in order. Conclusion: The findings from this study showed that, the higher nurse-to-patient ratio, the greater amount of direct nursing care activity for the patient. Also, the more direct nursing activities influenced a lower mortality rate, complication rate and readmission rate, shorter length of stay.

A Study on the Optimal XML/EDl Method for the Port and Logistics Industry (항만물류산업에 적합한 XML/EDl 방안 연구)

  • 박남규;최형림;김현수;이창섭
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2002.03a
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    • pp.59-71
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    • 2002
  • Korean government, port and logistics companies have given a lot of their efforts to exchange electronic documents between themselves and their partners. As the results of them, Korean EDI(Electronic Data Interchange) standards were made by Korean EDIFACT committee and the standards have been used by companies and governmental organizations in Korea. However, Korean port and logistics EDI system is based on YAN(Value Added Network) and one VAN company has monopolistic right to relay EDI documents to Korean HOMAF(Ministry of Maritime Affairs & Fisheries) and Customs Service. Therefore it leads to a lot of problems such as inconvenient software, expensive transmission fee, insufficient improvement of business process and the difficulty of connection with the in-house systems of user companies. For solving these problems, this study is aimed to progress for XML and XML-based electronic commerce framework. This paper shows a optimal XML/EDl method using XML/EDl, BizTalk Framework, ebXML Framework. Fer improving extant problems in port and logistics industry, this paper proposed XML/EDl system based on system architectural level, support technical level, business infrastructure level.

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