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

What is the process bottleneck, Use the table below to answer the following...

Use the table below to answer the following questions. a) Use the information in the Table above, what is the throughput time for the process, assuming that the Call Cente

Describe the models of managed care, The following chart is just one exampl...

The following chart is just one example of how money flows from the employer who purchases a health plan, to the providers: The employer pays the Health plan on a monthly basis.

Define historiography, Define Historiography: Historiography, the writing ...

Define Historiography: Historiography, the writing history, especially ,history which depend on the critical examination of sources, the selection of definite details from the au

Determine accurate and credible information, The Media's job is to report t...

The Media's job is to report the news. The consumer's job is to determine accurate, credible and truthful information to use in deciding political issues and character of politicia

Social inequality, Social Inequality: This is characterized through the ex...

Social Inequality: This is characterized through the existence of uneven opportunities and rewards for distinct social positions or statuses in a group or society. It has structur

Wastage and stagnation, what are the factors affecting wastage and stagnati...

what are the factors affecting wastage and stagnation

Discuss the process of counselling, Problem: a) Outline the issues inv...

Problem: a) Outline the issues involved and elements to be considered when counselling young people. b) You are presented with clients for counseling. Explain how your app

Responsible for bacterial motility, 1.  How does true motility differ from ...

1.  How does true motility differ from Brownian movement? 2.  What morphological structure is responsible for bacterial motility? 3.  Why is a wet preparation discarded in di

Characteristics of a project, With an aid of illustrative examples, analyse...

With an aid of illustrative examples, analyse the distinguishing characteristics of a project.

Government, "The landmark abortion decision of Roe v. wade was?"

"The landmark abortion decision of Roe v. wade was?"

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