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

Marketing mix, Issues with 7 p''s of marketing mix

Issues with 7 p''s of marketing mix

Determine primary internal and external influences on bank, Describe and an...

Describe and analyze the primary internal and external influences on State Bank of India. This first task should take about one fourth of your overall report.

Locate and download "10 Strategic Points Template wi, Ask queConsider a pot...

Ask queConsider a potential gap in the literature that is emerging from your ongoing reading in your field of interest including no less than five specific research studies. Using

Linguistic anthropologists, Linguistic anthropologists: Linguistic anthrop...

Linguistic anthropologists: Linguistic anthropologists, representing one of the discipline's traditional branches, look at the history, evolution, and internal structure of human

Aaaaa, aaaaaaaaaaaaaaaaaaaa

aaaaaaaaaaaaaaaaaaaa

Population health management in rural communities, Population Health Manage...

Population Health Management in rural communities: Population health management (PHM) helps in the improvements of the population health. It is defined as the practical field

IDIOMS, die a natural death

die a natural death

Basic principles of information security - risk management, Risk Manageme...

Risk Management Security is everyone's responsibility. Security awareness poster. U.S. Department of Commerce/Office of Security. A complete treatment of the topic of risk

Why internet is insecure, WHY INTERNET IS INSECURE? Theft of Personal...

WHY INTERNET IS INSECURE? Theft of Personal information If you make use of the Internet, you may be facing serious danger as your private information such as name, addres

Cataloguing, functions of a library catalogue

functions of a library catalogue

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