Transaction types in e-commerce, Other Subject

Assignment Help:

TRANSACTION TYPES

A numeral of transaction category may be performing, together with the subsequent:

  • Sale: where the cardholder pays for goods or service
  • Refund: where a merchant repayment an previous payment made by a cardholder
  • Withdrawal: the cardholder extract funds from their account, e.g. from an ATM. The term Cash Advance may also be used, usually when the funds are superior by a merchant rather than at an ATM
  • Deposit: where a cardholder deposits funds to their own account (typically at an ATM)
  • Cash back: where a cardholder extract funds from their own account at the identical time as making a purchase
  • Inter-account transfer: transferring money between associated accounts belonging to the same cardholder
  • Payment: transferring funds to a third party account

      •  Enquiry: a transaction with no financial impact, for example balance enquiry, existing funds enquiry, associated accounts enquiry, or request for a statement of current transactions on the account

  • E top-up: where a cardholder can make use of a device (typically POS or ATM) to add funds (top-up) their pre-pay mobile phone
  • Mini-statement: wherever a cardholder exercise a device (typically an ATM) to get information of current transactions on their account
  • Administrative: this covers a range of non-financial transactions including PIN Change.

The transaction forms offered depend on the terminal. An ATM would present diverse transactions from a POS terminal.


Related Discussions:- Transaction types in e-commerce

Consumer protection, CONSUME R PROTECTION ' Consume r protection' is...

CONSUME R PROTECTION ' Consume r protection' is an outline of administration regulation which protects the benefit of consumers. For instance, a government may require busin

Data mining, datamining data warehouse homework help

datamining data warehouse homework help

History, to help cook food,the people in this period created_?

to help cook food,the people in this period created_?

ICP-AES, What does it means Ar, Monitorline like instrumental parameters fo...

What does it means Ar, Monitorline like instrumental parameters for ISP-AES? Thank you in advance!

Please check this small paragraph, To: The General hospitals From: Salma ...

To: The General hospitals From: Salma Umme, 7717 hough ave, Cleveland, oh-44103 Date: March 7, 2012 Subject: Some issues that I feel is important in my Nursing Area Throughout

Gum infection, A 28 year old woman was visited by her GP.  She had been com...

A 28 year old woman was visited by her GP.  She had been complaining of general malaise for some days, and now appeared flushed and was sweating.  She had developed several bruises

Dsp solved problems on parellel form realization of, dsp solved problems on...

dsp solved problems on parallel form realization of iir filters

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