Cheques vs credit cards, Computer Engineering

Assignment Help:

Cheques vs Credit Cards      

E-cheques:  E-cheques are used for business dealing in e-commerce.  Transactions of these cheques take place on Internet. In this system the electronic cheque is issued by the buyer to the seller.  The e-cheques are then deposited by the seller in the bank account. A number of agencies like clearing house, certification authority, buyer's bank and seller's bank participate in the whole process along with the real seller and the buyer. 

Credit Card: This is a normally used transaction card. After purchases are made, the card enters the transactions among the credit card.  The card issuer transfers the needed amount of money to the seller's account.  The bill for such an amount is raised to the cardholde

 


Related Discussions:- Cheques vs credit cards

What is sdram, Synchronous dynamic random access memory (SDRAM) is dynamic ...

Synchronous dynamic random access memory (SDRAM) is dynamic random access memory (DRAM) that is initialized with the system bus. Classic DRAM has an asynchronous interface, which m

Data warehouse, 1) Define a job scheduling strategy that will meet business...

1) Define a job scheduling strategy that will meet business requirement of reporting availability by 6am CST for the following cubes? Show the job scheduling dependencies in a pict

Explain the term middleware in context of rpc, Explain the term middleware ...

Explain the term middleware in context of RPC. A variety of commercial tools have been urbanized to assist the programmer in constructing client- server software. These tools a

Applications of linked list, What are the Applications of Linked List are ...

What are the Applications of Linked List are a) Fixed block storage allocation b) garbage collection

Fundamentals of systems, System is a word which is derived from the Greek w...

System is a word which is derived from the Greek word 'Systema' which means an organized relationship among components. A System can be defined as orderly grouping of interdepen

Explain busy hour calling rate in telephone traffic, With reference to tele...

With reference to telephone traffic, explain the terms BHCR. BHCR: Busy hour calling rate is explained as the average number of calls originated through a subscriber througho

What is immediate addressing, What is Immediate addressing The  data  i...

What is Immediate addressing The  data  itself,  beside  the address,  is  given  as  the  operand or operands  of  the instruction.

Define local area network, LAN is a privately - owned computer networks con...

LAN is a privately - owned computer networks confined to small geographical area, like a factory or an office widely used to connect office PCs to share resources and information.

Representations or languages - artificial intelligence, Representations/Lan...

Representations/Languages Used: Many people are taught "AI" with the opening line: "The three most important things in "AI" are  representation, representation and representat

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd