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

Describe drug addiction, Problem 1: (a) Critically show the following ...

Problem 1: (a) Critically show the following concepts: drug addict, dependency and tolerance. Use relevant examples to support your answer. (b) Critically discuss the d

Research Critique Part 1, Ask Prepare a critical analysis of a qualitative ...

Ask Prepare a critical analysis of a qualitative study focusing on the problem statement, study purpose, research question, literature review, and theoretical framework. This can b

Electronics, explain working of a crt with the help of block diagram

explain working of a crt with the help of block diagram

Neurological development, Write a response in your own words to each of the...

Write a response in your own words to each of the following questions: 1. Describe the processes of habituation and dishabituation and explain how they are used in research with

Ten most horrible security mistakes by it professionals, The Ten most horri...

The Ten most horrible Security Mistakes by  IT Professionals 1.   by means of unencrypted protocols for organization systems, firewalls, routers, and PKI. 2.   Giving users

Assignment, #mention the aims of education in present scenario (within 250 ...

#mention the aims of education in present scenario (within 250 words)

Environmental assessment act, Environmental Assessment Act: Environmental ...

Environmental Assessment Act: Environmental Assessment Act requires an environmental assessment of any major public sector undertaking that has the potential for significant envir

The substantivists: polanyi, The substantivists: Polanyi Karl Polanyi (...

The substantivists: Polanyi Karl Polanyi (1886-1964) was a Hungarian lawyer turned journalist and economic historian who's reading of anthropology, especially the work of Broni

Connectivity using a b2b protocol exchange, Connectivity Using a B2B Protoc...

Connectivity Using a B2B Protocol Exchange As earlier mentioned, some suppliers participating in a private marketplace desire to remain the catalog contents to them and not par

Hispanic culture through movies, lease answer following questions: by sear...

lease answer following questions: by searching but no need to cite any sources. it is based from these movies: “Guantanamera”_________________________________________________

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