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

Explain the immediate and future effect of healthy habits, Discuss the fami...

Discuss the family, social, and intimate relationships of the person in the case study below. Identify any role changes that have occurred. Explain the immediate and future

Feminist research method, Feminist research method: Feminist Method is a m...

Feminist research method: Feminist Method is a means of conducting of scientific investigations and generating theory from an explicitly Feminist Standpoint. Feminist methodologie

Variety of subjects, Variety of subjects: Roman painting provides an exten...

Variety of subjects: Roman painting provides an extensive variety of themes: animals, still life, and scenes from daily life, portraits, and some mythological subjects. Throughout

Bert''''s Bonsai, Case Study 1: Bert’s Bonsai (BB) Bert’s Bonsai is a small...

Case Study 1: Bert’s Bonsai (BB) Bert’s Bonsai is a small company, started by a retired plant scientist, which sells Bonsai plants, tools and materials to cultivate them, and liter

Show the therapeutic process, Problem 1: Critically show, with the use ...

Problem 1: Critically show, with the use of examples, how the personal history of individuals will be useful in the therapeutic process. Problem 2: Show, as a prospect

Implied paragraph, I need to write a paragraph about fast food and not unde...

I need to write a paragraph about fast food and not understanding implied main ideas

Pragmatism, what is ''pragmatism'' and what should be the role of a teacher...

what is ''pragmatism'' and what should be the role of a teacher according to it?

Primary health care for type 2 diabetes, Mary who, 42, lives with husband a...

Mary who, 42, lives with husband and 5 children aged 5 to 18. Mary had an Italian father and an aboriginal mother and was born and lives in remote western Queensland all her life.

Famili education, Roll of parents imperting famili life education

Roll of parents imperting famili life education

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