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 write-back or copy-back protocol, What is write-back or copy-back p...

What is write-back or copy-back protocol? For a write operation using this protocol during write-hit: the method is to update only the cache and to mark it as updated with an a

Dataflow computing, Dataflow Computing A different to the von Neumann m...

Dataflow Computing A different to the von Neumann model of computation is the dataflow computation model. In a dataflow model, control is fixed to the flow of data. The order o

Determine the synchronization of bits, Determine the synchronization of bit...

Determine the synchronization of bits The synchronization provided by use of start and stop bits, an extra bit known as a parity bit may optionally be transmitted along with th

Illustrate some notations of object modeling notations, Illustrate some not...

Illustrate some notations of object modeling notations A classifier is a mechanism which describes behavioural and structural features. In UML significant classifiers are cla

Convert, haw to convert context free grammar to regular grammar

haw to convert context free grammar to regular grammar

What is assembly, What is assembly Assemblies are the building blocks o...

What is assembly Assemblies are the building blocks of .NET Framework applications; they variety the fundamental unit of deployment, version control, reuse, activation scoping,

Convert, haw to convert context free grammar to regular grammar

haw to convert context free grammar to regular grammar

Find cross points and primary no. in 3-tage satge switching, A three stage ...

A three stage switching structure supports 100 inlets and 400 outlets. Find the number of cross points, and the number of primary and secondary switches used in the design. We

Explain proces of defining the document page title, Q. Explain proces of de...

Q. Explain proces of defining the Document Page Title? Though the document has a file name, notice it's still labelled Untitled Document; that is because it needs an HTML docum

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