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

Social work, how much would it cost to write a 6 page paper bachelors level...

how much would it cost to write a 6 page paper bachelors level?

Is there a feminist methodology?, Is there a Feminist Methodology? The ...

Is there a Feminist Methodology? The question of whether feminism has developed distinct methodological principles that could justify the establishment of a distinct methodolog

Data modeling, Logical Model – Mapped EERD (Map the conceptual model to a l...

Logical Model – Mapped EERD (Map the conceptual model to a logical model using the relevant steps. Carry out normalisation to 3rd normal forms and discuss the progression through

Biology, The molecular fromulas and structures of the sugars called glucose...

The molecular fromulas and structures of the sugars called glucose and fructose can be used to illustrate which of the following concepts? A. IONS B.ISOTOPES C.ISOGENS D.ISOMERS

Fst, broad area of scientific activity

broad area of scientific activity

Discuss the features of various types of state, Question 1 What are the Ri...

Question 1 What are the Rights of Citizenship in USA according to the Constitution? Question 2 Write a note on the importance of justice in twenty-first century USA Quest

Criticisms of the utilitarianism - coherence, Criticisms of the theory - Co...

Criticisms of the theory - Coherence So far as coherence is concerned it is not clear what the theory is actually claiming. What for instance is the meaning of "the greatest h

What are the various kinds of magazine articles, Question 1 Write about th...

Question 1 Write about the early history of magazines, taking into account various types of magazines too Question 2 What are the various kinds of magazine articles? Explain

What are the different methods of opening a programme, Question 1: Elab...

Question 1: Elaborate on the different techniques required for the creation of a good television interview. Question 2: To what extent is radio still a powerful instrum

Outline the development and progression of reconciliation, In developing ou...

In developing our awareness of Indigenous Australians, including their historical perspectives, culture and lifestyles, it is important that we recognise and understand the develop

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