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

Feasebility study, what are the feasibility study of online result manageme...

what are the feasibility study of online result management system?

Connection machine fortran, Q. Connection Machine FORTRAN? Connection M...

Q. Connection Machine FORTRAN? Connection Machine Fortran was a subsequent SIMD language developed by Thinking Machines Corporation. Connection Machine Fortran incorporated all

What are user threads, What are User threads   User threads are support...

What are User threads   User threads are supported above the kernel and are executed by a thread library at the user level. Thread creation & scheduling are done in the user sp

Wrapping database calls into mts transactions, What is the advantage of wra...

What is the advantage of wrapping database calls into MTS transactions? Ans) If database calls are made within the context of a transaction, aborting the transaction will undo a

What is demand paging, What is major difference between the Historic Unix a...

What is major difference between the Historic Unix and the new BSD release of Unix System V in terms of Memory Management? Historic Unix uses Swapping - Whole process is tran

Various threats posed by server in client server environment, Explain vario...

Explain various threats posed through servers into a client server environment. Server Destroyed within an Accident: Power failures, Leaking pipes and equipment failures are no

Explain biometric systems, Explain Biometric Systems Biometrics is the ...

Explain Biometric Systems Biometrics is the science of measuring physical properties of living beings. Biometric Authentication (1) Biometric authentication is the aut

Learning algorithm for multi-layered networks, Learning algorithm for multi...

Learning algorithm for multi-layered networks: Furthermore details we see that  if S is too high, the contribution from w i * x i is reduced. It means that t(E) - o(E) is mu

Show the process management for parallel virtual machine, Q. Show the Proce...

Q. Show the Process Management for parallel virtual machine? Process Management  int pvm_mytid( void ) Returns the tid of the calling process. Tid values les

Why a computer expect to receive responses, Why a computer expect to receiv...

Why a computer expect to receive responses when it broadcast an ARP request? Response will be acquired only from the machine for that request is being sent not for the other ma

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