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

Function of ethics in managerial and qualified practices , Executive Summar...

Executive Summary Worldwide, the function of ethics in managerial and qualified practices has demonstrated to be a vital concept. This is because the concept of ethics deals with w

Ancient art, Ancient Art: Since its humble beginnings, art has always been...

Ancient Art: Since its humble beginnings, art has always been a result of man's intellectual and emotional connection with the world. Its primary aim is to produce a message which

Components of human skeleton, Components of Human Skeleton: Questions: ...

Components of Human Skeleton: Questions: I need a report on Latin American Cultures. Latin American Cultures report for about 2500 words? Would you able to assist me in report?

Basic informations, i want to about basic informations about pakistani famo...

i want to about basic informations about pakistani famous mousques

Logic, #qIf you have two candles on a boat but no source of fire. How will ...

#qIf you have two candles on a boat but no source of fire. How will you lighten a candle if you are in the middle of the river? uestion..

Security governance, SECURIT Y GOVERNANCE The Software Engineering Ins...

SECURIT Y GOVERNANCE The Software Engineering Institute at Carnegie Mellon University, in a publication aristocratic "Governing for Enterprise Security (GES)", describes chara

Pharmacy, learning objective for Amperometry titration

learning objective for Amperometry titration

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