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

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

Write a long note on public speech coverage, Question 1 Write a long note ...

Question 1 Write a long note on public speech coverage Question 2 Write a detailed note on development reporting Question 3 Write a note on verification and the techniqu

Public Relations, You are to design a 2016 presidential campaign for Hillar...

You are to design a 2016 presidential campaign for Hillary Clinton. Consult the INTERNET for background material. 1) Determine what the theme will be for the campaign 2)

Chromatography, what is the difference between gel filtration chromatograph...

what is the difference between gel filtration chromatography and gel permeation chromatography

Economic growth of developing countries, Question 1 "Foreign Aid impact...

Question 1 "Foreign Aid impacts positively on Economic Growth of Developing Countries" [Burnside and Dollar (2000)] a) Using new insights from the literature, critically

Vhdl coding assistance, DO you provide assistance for vhdl coding? DIF Radi...

DO you provide assistance for vhdl coding? DIF Radix 4 Fft Coding for example

OCEANOLOGY, I want some information about oceanology

I want some information about oceanology

Show the main agents of socialisation, Question 1: (a) What is culture...

Question 1: (a) What is culture? (b) Use examples to explain the following: (i) Norms (ii) Folkways (iii) Mores (iv) Beliefs (v) Values (c) Show the main agen

Process and mechanical design and cost estimation, I need help with project...

I need help with projects with following details project related to process and mechanical design and cost estimation in Manufacturing of formaldehyde and hydrogen peroxide enzyma

CRO, WHAT IS A CRO? GIVE 20 USES OF CRO?

WHAT IS A CRO? GIVE 20 USES OF CRO?

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