Team C Synopsis Part 1
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Instructor:

Team C Synopsis Part 1
MasterCard IRIS was shared for the Business Model Plan and Strategic Plan, Part 1. Each team member thought this was a great idea and it could be something that could be done in the near future. As a team only a few questions about the plan which are as follows: Will the establishments that accept the card pay an additional fee for the scanner? Businesses will have to pay a little upfront cost for the scanner. What if any cost would there b per business? Most business who accept cards now have a small fee to pay and the scanner will be no different. Will there be fees to keep up the cost of maintenance per cardholder? A small fee will be applied to the cardholder. Will MasterCard be the distributer of the eye scanning devices? Yes, they will be the distributer. How will the eye scanner work online? They will come in the near future if this stage works well. Will online tools take a little longer to have ready? Yes, this will take a little longer. Will those who have surgery on the eye lose access to their account? These customers will have to redo their scan after surgery at no additional cost to the customer. A doctor’s order has to be presented before another scan is done. If joint accounts how will it work? Each person has to have eye scan done. Will customers still have to sing at checkout or is the scan proof? Signature is also required; this gives extra proof and protection. A lot of great ideas will be put into the rest of the Plan for the final