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

Analyse the ancient greek model of democracy, QUESTION 1 Analyse the an...

QUESTION 1 Analyse the ancient Greek model of Democracy. QUESTION 2 Assess the importance of the ‘right to life, liberty , property and the presumption of innocence ' i

Earthquake, What are the causes of Earthquake?

What are the causes of Earthquake?

What are the characteristics of a creative thinker, QUESTION 1 (a) How ...

QUESTION 1 (a) How would define creativity? (b) What are the characteristics of a creative thinker? (c) Describe the 5 important steps in the creative process QUESTIO

Discuss the gender issues in bereavement, Question: It is believed that...

Question: It is believed that the grief experience impacts all aspects of the being of an individual. Describe carefully any one of the following reactions which an individu

Culture, Culture: Culture refers to the knowledge; ways of thinking, fe...

Culture: Culture refers to the knowledge; ways of thinking, feeling and behaving that give each society its coherence and its distinctive way of life. Culture is demonstrated b

Explain plato''s concept of education, Question 1 Explain Plato's concept ...

Question 1 Explain Plato's concept of education Question 2 Critically explain Locke's Social Contract Theory Question 3 Explain Bentham's views on jurisprudence and pun

Drainage patterns, Drainage patterns: According to the configuration of th...

Drainage patterns: According to the configuration of the channels, drainage systems can fall into one of several categories known as drainage patterns. Drainage patterns depend on

State the reasons why people marry, Question 1: (A) (I) Define family....

Question 1: (A) (I) Define family. (II) Fully describe the types of family. (B) What do you understand by ‘married life'? (C) State the reasons why people marry.

Business Analysis, In the following scenario, state which entities and rela...

In the following scenario, state which entities and relationships are needed to create the following query: What is the average time it takes for suppliers to deliver our orders?

I am basically from sales & marketing background , QUESTION : Create a cas...

QUESTION : Create a case encompassing data from your routine office work so as to apply all Quantitative Techniques learned in this course. Perform all possible analyses on 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