Overview
In this activity, you describe the benefits and risks to companies of modern digital payment solutions.
Preparation
Download the Week 9 Activity Template [DOCX] Download Week 9 Activity Template [DOCX]and use it to complete this assignment.
Review the Next-Generation Digital Payment Methods article in this week’s Learn activity and research the benefits and risks to companies of initiating a digital payments system.
Scenario
S&S is asking you to investigate the benefits and risks of digital payment systems for processing customer and vendor transactions.
Note: In the next assignment, you assess the ease of integration of your chosen systems with the AIS solutions under consideration.
Instructions
Write an email to leadership summarizing 3 significant benefits and 3 risks of adopting a digital payment system.
Share links to 3 popular digital payment systems. Include a single-sentence description of each source for leaders who may want to read them for themselves.