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Diaz JT Author
Subjects of specialization
Affiliation
Interest rate,Credit cards,EMV,Financing
Administraci
Biography
Around the world, small and medium enterprises make up most of the network business in numerical terms "in Colombia, about 94% of the enterprise system is made up of SMEs, which being the engine of the economy do not have the importance or enough support to survive over time "(Aguirre Ortiz, et al, 2006), although this image has begun to change, considering that during ?the last governments some policies have been established in order to promote the development of these enterprises through loans and other kinds of aids "4.
Publications
Research Article Open Access
Behavior of Credit Cards in Colombia
Author(s): Correa DL, Chavarro LNF and Diaz JT
Since the implementation in 1971 of credit cards in Colombia, the economy has had to adapt to the changes brought about by the emergence of new information technologies; This is how the means of payment have also evolved to offer advantages to users in the face of the flow of information that this globalization shows. The purpose of this document is to give a brief historical overview and relevant moments of the Credit Cards in Colombia and some countries in the region, to analyze some important aspects such as interest rates, technological and security methods such as the EMV (it is the acronym for “Europe and MasterCard Visa”, the three card associations that initially collaborated in the development of this standard: The EMV standard defines t... view more»
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