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

PHED final exam, FINAL PRACTICUM EXAM Read your exam directions carefully t...

FINAL PRACTICUM EXAM Read your exam directions carefully two and three times, please, all the information you will ask questions about are written here. As an individual, you ar

Statistic, if you have a sample population with a range of 10-60, mean of 4...

if you have a sample population with a range of 10-60, mean of 40 and a median of 25, with just this information what can you state about the distribution of the population

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

which city is located on 35 north latitude 80 west longitude

Case Study, Case Study using Replacement Analysis, Incremental analysis, se...

Case Study using Replacement Analysis, Incremental analysis, sensitivity analysis, breakeven analysis, and risk analysis

Types of relationships, Types of relationships: A relationship is normally...

Types of relationships: A relationship is normally viewed as a connection between individuals, such as a romantic or intimate relationship, or a parent-child relationship. Individ

Describe language development in deaf children, Describe language developme...

Describe language development in deaf children. How is it similar, in the early stages, to language development in hearing children? What is "homesign" and what does it suggest abo

Data encryption standard (des), Data Encryption Standard DES The Data E...

Data Encryption Standard DES The Data Encryption Standard (DES) specifies a FIPS accepted cryptographic algorithm as essential by FIPS 140-1. This publication provides a comple

Research Methods, i do have a ready Research, can you make paraphrasing for...

i do have a ready Research, can you make paraphrasing for it by changing the words with same meaning ?

History, why are colonies useful to have if a nation is thinking about goin...

why are colonies useful to have if a nation is thinking about going to war?

#title., Weber could see the advantages of industrial capitalism, and he...

Weber could see the advantages of industrial capitalism, and he was optimistic about the future. but he thought it would never actually develop. but he thought workers wou

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