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

Server environment - in software, In software Server used as an adjecti...

In software Server used as an adjective, as in server operating system, refers to the product's capability to handle numerous requests, and is supposed to be "server-grade". A

Electronic benefit transfer, Electronic Benefit Transfer Electronic Fun...

Electronic Benefit Transfer Electronic Funds Transfer at Point of Sale (EFTPOS) is an Australian and New Zealand electronic processing system for credit cards, debit cards and

..PUBLIC MANAGED CARE IN EASTERNVILLE: A CASE OF OPPORTUNITI, How did the e...

How did the experience with experimental programs affect the nature and pace of innovation at EPS

Financial Accounting, VK Ltd a multi-product Company, furnishes you the fol...

VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000. First Half of the year Second Half of the year Sales Rs. 45,000 Rs. 50,000 Total Cos

Healthcare Finance, Here are the budgets of Brandon Surgery Center for the ...

Here are the budgets of Brandon Surgery Center for the most recent historical quarter (in thousands of dollars): Static Flexible Actual Number of surgeries 1,200 1,300 1,300 Patie

American indians, What American Indian group made the canoe

What American Indian group made the canoe

Discuss the causes of absenteeism taking into account, Problem: (a) Def...

Problem: (a) Define absenteeism and explain briefly how according to you it can cause problems at the workplace. (b) Critically discuss the causes of absenteeism taking into

Matlab, his is my svm coding.its not working properly. showing error >> te...

his is my svm coding.its not working properly. showing error >> test2 ??? Error using ==> svmtrain at 190 GROUP and TRAINING must have the same number of rows. Error in ==> test2

Explain the concepts of the expectancy theory, QUESTION 1 Compare writt...

QUESTION 1 Compare written and telephonic communication in terms of their media richness QUESTION 2 Identify the communication directions relevant to the following chan

Explain the two categories of readers, Question 1 Explain meaning of techn...

Question 1 Explain meaning of technical writers and also explain its role Question 2 What is Audience Analysis? Explain its significance in Technical Communication Question 3

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