E-Folder - Business

The safe practice of online credit card processing: 3 things event planners and their attendees should look for.

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

It's fair to say that chasing up payments is on the list of life's most tedious and time consuming tasks. The advent of online

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

redit card processing (instant transactions), has somewhat alleviated this for event organizers who use it as a benefit of online

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

registration. Credit card use however, already carries its fair share of anxieties and asking people to hand over their digits o

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

line... even more so.

The good news is that there are three simple things event organizers and those paying for anything online

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

ith a credit card can look for that signal safe practice.

1. Technical talk:

There should be a SSL (Secure Soc

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

ket Layer) certificate installed on the server where credit card information is being gathered. This signals a secure connection

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

etween the webpage where you are entering your details (data) and the server. Look for:

The letter s after the http in t

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

he browser address, i.e. https://www/.

A lock or key icon in your browser. If you double click on this it should bring u

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

the security certificate details. 2. An out: People breath easier and feel more comfortable committin

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

to something if they can see a way out. The important thing here, for both event organizers and those handing over their money i

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

s that these conditions are clearly defined in print. This will help avoid disputes further down the track. Include on your regis

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

ration form:

Whether full of partial refunds are permitted and if so the dates that apply. It's a good idea to ask that

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

these requests be made in writing.

Make clear any fees that will be charged for the above, bearing in mind that the proc

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

ssing fee on a credit card transaction cannot be recouped and will need to absorbed by someone.

Flexibility, in offering

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

alternatives to people who have paid for an event and can no longer attend (in lieu of a refund), such as being able to transfer

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

their place to someone else or being given a credit to attend a later event free of charge (within a stipulated time).

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ep your policy wording simple, professional and kind, so as to avoid frightening anyone into not registering. 3

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

. Human contact: The best way to alleviate concerns people have about paying with their credit cards online is to includ

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

the name, phone number and email address of the event organizer or person to contact if they have questions, changes or concerns

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.e-folder.org.ua/article/438/e-folder-The-Safe-Practice-Of-Online-Credit-Card-Processing-To-Collect-Fees-For-Events-And-Conferences.html">The Safe Practice Of Online Credit Card Processing To Collect Fees For Events And Conferences</a>

BB link (for phorums):
[url=http://www.e-folder.org.ua/article/438/e-folder-The-Safe-Practice-Of-Online-Credit-Card-Processing-To-Collect-Fees-For-Events-And-Conferences.html]The Safe Practice Of Online Credit Card Processing To Collect Fees For Events And Conferences[/url]

This is an article that explores the need for dealers to explore real accountability. Commitment is the key to success with a CRM.

Facial expressions- be aware of what you are saying to peopel when you're not saying a thing.

Tags

Links

E-Folder - The Safe Practice Of Online Credit Card Processing To Collect Fees For Events And Conferences

Related Articles: