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

Educationandsociety., MENTIONTHEAIMS OFEDUCATION IN PRESENT SCENARIO

MENTIONTHEAIMS OFEDUCATION IN PRESENT SCENARIO

Write a long note on the direction of light, Question 1 Write a long note ...

Question 1 Write a long note on the direction of light, describing direct and indirect light, frontal lighting, side lighting and back lighting Question 2 Write a long not

Isa server 2004, IS A 2004 ISA Server 2004 was free on the 8th Septemb...

IS A 2004 ISA Server 2004 was free on the 8th September 2004. ISA 2004 set up multi-networking support, incorporated virtual private networking design, extensible user and ver

Write a long note on the documentary form, Question 1 Write a long note on...

Question 1 Write a long note on the Golden Era of Indian Cinema, taking into account the various filmmakers during this era Question 2 Write a long note on the National Film

Location, which city is located on 35 north latitude 80 west longitude

which city is located on 35 north latitude 80 west longitude

Discuss the process of counselling, Problem: a) Outline the issues inv...

Problem: a) Outline the issues involved and elements to be considered when counselling young people. b) You are presented with clients for counseling. Explain how your app

International Travel, Ask The __________ rate is the amount of foreign curr...

Ask The __________ rate is the amount of foreign currency customers get in exchange for their dollars when they exchange money. A. sell B. buy C. street question #Minimum 100 w

Describe the term socio-economic policies, Question 1: Explain the cont...

Question 1: Explain the contributions of the National Audit Office (NAO), Public Accounts Committee (PAC) and Office of Public Sector Governance (OPSG) in promoting good gover

Meteorology, Meteorology: Meteorology is the interdisciplinary scientific ...

Meteorology: Meteorology is the interdisciplinary scientific study of the atmosphere. Studies in the field stretch back millennia, though significant progress in meteorology did n

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