Explain the e-cheques verses credit cards in brief, Computer Engineering

Assignment Help:

Explain the E-cheques verses Credit Cards in brief.

E-cheques: E-cheques are utilized for business dealing into e-commerce. Transactions of such cheques take place onto Internet. In such system the electronic cheque is issued through the buyer to the seller. These e-cheques are deposited by the seller into the bank account. Some agencies as clearing house, buyer’s bank, certification authority and seller’s bank participate within the whole process with the actual buyer and the seller.

Credit Card: It is a normally used transaction card. After the purchases are made, there the card enters the transactions in opposition to the credit card. The card issuer transfers the needed amount of money to the seller’s account. The bill of this amount is raised to the cardholder.


Related Discussions:- Explain the e-cheques verses credit cards in brief

Define addressing modes, Define addressing modes. The dissimilar ways i...

Define addressing modes. The dissimilar ways in which the location of an operand is specified in an instruction are referred to as addressing modes.

What is wap, What is WAP? WAP is stands for Wireless Application Proto...

What is WAP? WAP is stands for Wireless Application Protocol. It is a global, open standard which gives mobile users access to Internet services by handled devices. Wireless A

How to clear computer motherboard cmos password, As CMOS is a special chip ...

As CMOS is a special chip with its own battery, the best way to clear out a CMOS chip is to cut off it from its power supply. To clear the CMOS password you just take away the

Illustration of parallel programming environments, Q. Illustration of paral...

Q. Illustration of parallel programming environments? Let's discuss illustrations of parallel programming environments of Intel paragaon XP/S and Cray Y-MP software. The Cra

What are the uses of router, What are the uses of Router? Router: ...

What are the uses of Router? Router: A router is used to transfer or route data among two or more similar networks. This determines the next network point to that a data

Embedded systems and the system in which rtos is running, Explain What is t...

Explain What is the difference among embedded systems and the system in which RTOS is running? Ans) Embedded system can have RTOS and cannot have also. It depends on the requi

Selecting integerated learning experiences, Q. Selecting integerated learni...

Q. Selecting integerated learning experiences? It is important that we select appropriate experiences for children, more so those that are from the child's world and emerge fro

Instruction cycle-flynn’s classification, Instruction Cycle The instruc...

Instruction Cycle The instruction cycle consists of a series of steps needed for the implementation of an instruction in a program. A typical instruction in a program is descri

Data dependency, Data Dependency:   It refers to the state in which two or ...

Data Dependency:   It refers to the state in which two or more instructions split same data. The instructions in a program can be given based on the relationship of data dependency

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