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

Push and pop, Suupose a stack-oriented processor that haves the stack opera...

Suupose a stack-oriented processor that haves the stack operations PUSH and POP.  Arithmetic operations automatically involve the top one or two stack elements. Starting with an

What is electronic cash, What is electronic cash? E-cash is cash that i...

What is electronic cash? E-cash is cash that is demonstrated by two models. One is on-line type of e-cash that allows for the completion of all kinds of internet transactions.

What do you mean by daisy chain, Q. What do you mean by Daisy chain? Th...

Q. What do you mean by Daisy chain? This scheme provides a hardware poll. With this scheme, an interrupt acknowledge line is chain by different interrupt devices. All I/O inter

Slot machine, A special Slot Machine is introduced in a new casino; this ma...

A special Slot Machine is introduced in a new casino; this machine has a digital interface of a 3X3 grid. An interface button named as SPIN for making the machine spin. There are f

What is cache memory, Q. What is Cache Memory? Cache memory is a very f...

Q. What is Cache Memory? Cache memory is a very fast and small memory between CPU and main memory whose access time is closer to processing speed of CPU. It behaves as a high-s

Explain the power dissipation characteristics for digital ic, Explain the ...

Explain the Power Dissipation characteristics for digital IC's. Ans. Power Dissipation: - It is amount of power dissipated in a digital IC. This is determined through

Fundamental building block of main memory, Q. Fundamental building block of...

Q. Fundamental building block of main memory? The fundamental building block of main memory remains DRAM chip as it has for decades. Till recently there had been no important c

What is interaction design process, You are being employed as a novice inte...

You are being employed as a novice interaction designer on a project to develop a public kiosk providing information about the exhibits available in a science museum. Consider how

What is an accessor in c++, An accessor is a class operation that does not ...

An accessor is a class operation that does not change the state of an object in C++. The access or functions require to be declared as const operations

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