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 macro-expansion, What is macro-expansion? Macro calls lead to m...

What is macro-expansion? Macro calls lead to macro expansion. Throughout macro expansion, the macro call statement is replaced through a sequence of assembly statements.

De morgans laws, De Morgan's Laws : With continuing the relationship b...

De Morgan's Laws : With continuing the relationship between ^ and ? , we can also needs De Morgan's Law to rearrange sentences involving negation in conjunction with these con

Expalin massively parallel system and scalability, Massively Parallel Syste...

Massively Parallel System Indicates to a "parallel computer system" involving a huge number of processors. The numbers in a huge number of processors keeps increasing and curre

Define syntax of mpi_bcast function, Q. Define syntax of MPI_Bcast function...

Q. Define syntax of MPI_Bcast function? MPI_Bcast(msgaddr, count, datatype, rank, comm):   This function is used by a process ranked rank in group comm to transmit messag

Human–computer interaction, In the view of the M364 module team, HCI has be...

In the view of the M364 module team, HCI has been superseded by ID. This is because HCI traditionally concentrated upon desktop computers with single users, whereas ID includes the

For what is defparam used, For what is defparam used? Though,  during  ...

For what is defparam used? Though,  during  compilation  of  Verilog  modules,  parameter  values  can  be  altered  separately  for every module instance. This allows us to pa

Define the term intranet, Define the term Intranet. Intranet: An...

Define the term Intranet. Intranet: An Intranet is a type of information system that facilitates communication within the organizations among widely dispersed department

Describe architecture of wap gateway, Describe architecture of WAP gateway....

Describe architecture of WAP gateway. WAP GATEWAY : It is a very unique product giving semi-automatic redirection of HTML documents to WAP compatible mobile phones. Wir

Define the term ''page traffic'', The term 'page traffic' describes? An...

The term 'page traffic' describes? Ans. Page Traffic describes the movement of pages in and out of memory.

Explain session_start subroutines, Can you give an example of what might be...

Can you give an example of what might be best suited to place in the application_Start and Session_Start subroutines? Application Start - We can place code to initialize var

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