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

Neuropsychology, Discuss how the viewpoint of neuropsychology differs from ...

Discuss how the viewpoint of neuropsychology differs from general psychology. How does one school of thought influence another? Why is it important to understand multiple perspecti

Knowledge of psychological theories, The person in the role of Counsellor d...

The person in the role of Counsellor does not compulsorily possess special training or knowledge of psychological theories - counselling is grounded in ordinary human qualities suc

Analog tester, what is the meaning of meter scale that is part of analog te...

what is the meaning of meter scale that is part of analog tester?

Sociological perspectives on gender and sexuality, Sociological Perspective...

Sociological Perspectives on Gender and Sexuality: Sociology of gender is a prominent subfield of sociology. Since 1950 an increasing part of the academic literature and of the pu

Biomedical Engineering, In the processing of the antibiotic streptomycin, t...

In the processing of the antibiotic streptomycin, the drug is purified to 50 wt% in water. For application, including IV drips, the streptomycin must be diluted and a preservative

25 articles, Write 25 articles lines for assignment i have posted at websit...

Write 25 articles lines for assignment i have posted at website.

Socio-economic development., utilising practical examples from developing c...

utilising practical examples from developing countries examine the ways in which informalization of the economy can impact on a nation''s socio-economic development

Alternative systems of e-cash, Alternative Systems of E-cash Officially...

Alternative Systems of E-cash Officially digital money or electronic is a illustration, or a system of credits and debits, used to replace value, inside another system, or itse

Writing, how do I get better at writing?

how do I get better at writing?

Airways, what are advantages and disadvantaGES OF AIRWAYES

what are advantages and disadvantaGES OF AIRWAYES

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