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

selection program in hrm, ANALYZING AND EVALUATING THE EFFECTIVENESS AND E...

ANALYZING AND EVALUATING THE EFFECTIVENESS AND EFFICIENCY IN EMPLOYMENT SELECTION PROGRAMME

Communication effectiveness across cultures, Question: (a) Ultimately m...

Question: (a) Ultimately managers try to find the correct balance between both horizontal and vertical coordination. Explain the terms horizontal and vertical coordination,

Differences in verbal and non-verbal communication, Question 1: Examine...

Question 1: Examine gender differences in verbal and non-verbal communication. Illustrate your answer with examples. Question 2: Explain the implications of ethnocentri

RN, use of play therapy in nursing process: A prospective randomized contro...

use of play therapy in nursing process: A prospective randomized controlled study 20estion #Minimum 100 words accepted#

ICP-AES, What does it means Ar, Monitorline like instrumental parameters fo...

What does it means Ar, Monitorline like instrumental parameters for ISP-AES? Thank you in advance!

Speech and Language, Language is a multifaceted and complex cognitive funct...

Language is a multifaceted and complex cognitive function Imagine a situation where one is in a foreign country and cannot utter a word in the local tongue. Further, imagine that

Linear Convolution in DSP sums, how to slove linear convolution when limits...

how to slove linear convolution when limits are negative to positive .provide with example

Describe what is meant by psychotherapy, Problem: a. Describe what is m...

Problem: a. Describe what is meant by psychotherapy? b. Explain three steps that you would normally follow in a counselling process. c. Describe the core principles of th

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