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

Connectivity using a b2b protocol exchange, Connectivity Using a B2B Protoc...

Connectivity Using a B2B Protocol Exchange As earlier mentioned, some suppliers participating in a private marketplace desire to remain the catalog contents to them and not par

Health cares in rural areas, Health cares in rural areas should be well equ...

Health cares in rural areas should be well equipped with machineries such as x-rays and CT in order to be able to meet the patient's expectations. At the same time, there should be

Humanities, (TCOs 3 & 4) How have changes in technology affected the record...

(TCOs 3 & 4) How have changes in technology affected the recording industry and our understanding of what it means to be a professional musician? How have changes in technology aff

Adolassignment help-homework help login | create a, ou being a teacher de...

ou being a teacher describe your experience regarding the role of school,parents,peers in imparting family life education.

Neurological development, Write a response in your own words to each of the...

Write a response in your own words to each of the following questions: 1. Describe the processes of habituation and dishabituation and explain how they are used in research with

SHRM, STRENGHTS AND WEAKNESS OF BEST PRACTISE MODELS OF HRM STRATEGY

STRENGHTS AND WEAKNESS OF BEST PRACTISE MODELS OF HRM STRATEGY

Use of multi-media and information technology, QUESTION 1 1 What are yo...

QUESTION 1 1 What are your views on the importance of e-learning as compared to the traditional teaching and learning approach? 2 Discuss the influence of the use of multi-m

Digital certificates, Digital Certificates A digital certificate is an ...

Digital Certificates A digital certificate is an electronic file that distinctively identifies individuals and Web sites on the Internet and enables secure, private communicati

Anthropology, Anthropology- The word anthropology itself tells the basic st...

Anthropology- The word anthropology itself tells the basic story. From the Greek anthropos ("human") and logia ("study"), it is the study of humankind, from its beginnings millions

Industrial Law , Industrial Law : A comparative analysis between banking an...

Industrial Law : A comparative analysis between banking and plantation Industry

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