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

Learning theory, how to write a reflection of doing the assignment?

how to write a reflection of doing the assignment?

Write a note on the ethos of journalism, Question 1 Discuss the Working Jo...

Question 1 Discuss the Working Journalists (Fixation of Rates of Wages) Act, 1958. (Act mentions 8 points. There are 3 other subdivisions Question 2 Write a note on the ethos

History of science, describe the factors which decide the broad area of sci...

describe the factors which decide the broad area of scientific activity?

Pharmacy, Can i get Pharmacy related projects?

Can i get Pharmacy related projects?

Plasama display and LCD, advantages and dis advantages of plasma display an...

advantages and dis advantages of plasma display and LCD?

Bogus clients, Question: a) Explain the 10 warning signs which woul...

Question: a) Explain the 10 warning signs which would indicate that attraction feelings towards clients may be putting you or your services at risk. b) What precautions

Looking for case study assignment help, Are you looking for case study assi...

Are you looking for case study assignment help? Do you want qualified tutors or your case study based problems? Reach us with your complete assignment details. We at www.expertsmin

Contemporary and postmodern art, Contemporary and Postmodern Art: Generall...

Contemporary and Postmodern Art: Generally, contemporary art is described as any form of art in any medium that is generated in the present day. Though, within the art world the t

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