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Question:
a) (i) Describe the entire process of credit card processing, identifying the different steps and parties involved.
(ii) What are the roles of the acquiring bank and the issuing bank in the credit card payment system?
b) (i) Outline the main differences between a credit card and a charge card.
(ii) What is money laundering and how is money laundered?
c) (i) E-money or e-cash is a generic name given to the concept of currency which is digitally signed by an issuing institution through a private encryption key and is transmitted to an individual. Explain how e-money works?
(ii) What are the advantages of using e-money over a credit card?
Discuss about LAN topologies LAN topologies: Network topology is a physical schematic that demonstrates interconnection of the many users. There are four fundamental topolog
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List the layers of OSI There are seven layers in OSI model a. Physical Layer b. Data Link Layer c. Network Layer d. Transport Layer e. Session Layer f. Presen
Wireless Access Wireless access connecting end systems ( that are often mobile) into the network. Today there are two broad types of wireless internet access(1) wireless an
What is D-AMPS D-AMPS uses 832 channels (in every direction) with three users sharing a sole channel. This allows D-AMPS to support up to the 2496 users simultaneously per cel
Describe the concept of internetwork and intranetwork routing protocols?
What is horizontal and vertical parity A single error can cause both horizontal and vertical parity checks to be wrong. Two errors can also be easily detected. If they are not
IP plus port (IP on layer 3 and port on Layer 4 - In Encapsulation, socket base decision on Network Layer -Layer 3)
Explain how Tracert actually work?
The Transport layer implements reliable data transport services. The various functions of Transport Layer are listed below The transport layer is meant for transmitting the data
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