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

Constants - first-order logic, Constants - first-order logic: Constant...

Constants - first-order logic: Constants are things that is cannot be changed, like as england, black and barbara. So then they stand for one thing only, so that can be confu

..binary tree, draw a binary tree from its inorder and preorder traversal s...

draw a binary tree from its inorder and preorder traversal sequences given as follows: inorder: d b g e h a c n f preorder: a b d e g h c f n

Explain dial tone and ringing tone in strowger telephony, Explain Dial Tone...

Explain Dial Tone and Ringing Tone in strowger telephony. Dial Tone: it is used to indicate that the exchange is ready to recognize dialed digits by the subscriber. The subsc

What is driver software, Driver software is software that works as a transl...

Driver software is software that works as a translator among another program and some piece of hardware. In the software industry, there are commonly standard ways to do things. Th

Describe the limitation of fat16, Q. Describe the Limitation of FAT16? ...

Q. Describe the Limitation of FAT16? DOS designers decided to use clusters with as a minimum four sectors in them (so a cluster size of at least 2KB) for all FAT16 hard disks.

Explain problem-oriented and procedure-oriented language, Explain differenc...

Explain difference between Problem-oriented and procedure-oriented language. Problem-oriented and procedure-oriented language: The programming languages which can be utilized

Explain about decimal numbers, Q. Explain about Decimal Numbers? Deci...

Q. Explain about Decimal Numbers? Decimal number system has 10 digits signified by 0,1,2,3,4,5,6,7,8 and 9. Any decimal number can be signified as a string of these digits an

Design requirements of sequential circuit, What are the Requirements to des...

What are the Requirements to design Sequential circuit Ans . Design Requirements of Sequential circuit: (i) The circuit specifications translated into a state diagram

Parallel virtual machine, Parallel Virtual Machine (PVM): PVM (Parallel...

Parallel Virtual Machine (PVM): PVM (Parallel Virtual Machine) is portable message passing programming system which is designed to link different heterogeneous host machines to

Explain web service - .net component, Can you give an example of when it wo...

Can you give an example of when it would be appropriate to use a web service as opposed to a non-serviced .NET component? Services which help in stock trading by giving analysi

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