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EDI is used by financial institutions and supply chains to process transactions. A prime example of EDI are the automakers - they rely upon EDI to maintain SCM and their production goals.

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Advantages of electronic data interchange?

1. No paperwork required 2. Payment is made electronically via bank account


What is input hardware?

devices that is used for entering data in to an electronic machine


What is an SOS file and how is it used?

An SOS file is a file format used for saving and storing data in a structured manner. It is commonly used for emergency situations to quickly and easily access important information. SOS files can contain a variety of data such as contact information, medical history, and emergency procedures. They are often stored on electronic devices or carried in physical form for easy access during emergencies.


How would consumers who traditionally pay using cash potentially benefit from an interchange fee cap?

Consumers who traditionally pay using cash could benefit from an interchange fee cap as it may lead to lower transaction costs for merchants, who might pass those savings on to customers through reduced prices. Additionally, with lower fees for card transactions, businesses may be more inclined to accept electronic payment methods, increasing the options available to consumers. This could also promote financial inclusion by encouraging more people to use electronic payment systems, providing them with greater convenience and security compared to cash.


What does EDC Machine means?

An Electronic Data Capture (EDC) machine system is used to capture data electronically and send it to a computer system for collection and authorization. The most familiar example of an EDC system would be the credit and debit card machine that is used to swipe a card for account information when a purchase is made. EDC technology has been expanded to many different uses including the collection of pharmaceutical information in clinical trials.

Related Questions

What is EDI?

Electronic Data Interchange Electronic Data Interchange


When was Workgroup for Electronic Data Interchange created?

Workgroup for Electronic Data Interchange was created in 1991.


Electronic data interchange uses what type medium to transmit data?

Electronic data interchange uses long wave medium to transmit data. This data is supplied by the electronic data interchange in San Francisco, California.


Expand VAN as used in electronic data interchange?

value added network


EDI?

Electronic Data Interchange.


Do computers have anything to do with electronic data interchange?

A better wording of the question asked, for my optimal response, would be as follows "Does electronic data interchange have anything to do with computers? and the answer would be yes. Electronic data interchange or more commonly known by it's acronym EDI, is a structured transmission of data it is used by a computer to transfer data to another computer. For example email is an example of EDI.


What is full form of EDI?

Electronic Data Interchange


What is a EDI developer?

Electronic Data Interchange developer


What is edi in e-commerce?

Electronic Data Interchange.


Is the internet considered a form of electronic data interchange?

The internet definitely is an example of electronic data interchange because information is sent from one computer to the next. And all of the systems are connected created one big electronic data network.


What resource should a supervisor use to file a worker's compensation claims electronically?

Electronic Data Interchange


How to Migrate to open Electronic Data Interchange?

Open edi