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

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

Population geography, What are the merit and demerit of fertility measures?...

What are the merit and demerit of fertility measures?

Environmental responsibility in business, Environmental Responsibility in B...

Environmental Responsibility in Business: In business there are three sources of environmental responsibilities: those needed by law, those demanded by ethics, and those that prot

Managing communication , Chose an education institute which has not yet dep...

Chose an education institute which has not yet deployed a fully integrated management information system and design a “Learning management information system” to ensure efficient a

ACT, Help with the ACT

Help with the ACT

Security protocols, SECURITY PROTOCOLS A security protocol (encryption ...

SECURITY PROTOCOLS A security protocol (encryption protocol or cryptographic protocol) is a conceptual or actual protocol that performs a security-related utility and applies c

Geography, can you help me with my homework please im in 7th grade and im h...

can you help me with my homework please im in 7th grade and im having a hard time with my homework

Clinical practice research plan, • Consider your own clinical practice sett...

• Consider your own clinical practice setting and clearly identify a key practice issue or problem that could be improved using appropriate evidence (research) to support the chang

Analysis of covariance, Independent variable is categorical (IV-1 and IV-0)...

Independent variable is categorical (IV-1 and IV-0), Dependent variable is continuous (DV). When controlling for C, IV-1 have [higher/more OR lower/less/fewer] DV than do IV-

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