Transaction types in e-commerce, Other Subject


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.

Posted Date: 10/13/2012 2:03:47 AM | Location : United States

Related Discussions:- Transaction types in e-commerce, Assignment Help, Ask Question on Transaction types in e-commerce, Get Answer, Expert's Help, Transaction types in e-commerce Discussions

Write discussion on Transaction types in e-commerce
Your posts are moderated
Related Questions
Question 1: (a) Describe what family mediation is. (b) Explain a set of guidelines that you would follow as a multi- cultural counsellor. (c) Describe what is meant by op

Implementation of this standard- This standard became efficient July 1977. It was reaffirmed in 1983, 1988, and 1993. It applies to all Federal agencies, contractors of Federal

what are the forms of the verb ser

Matthew and Cindy McGee are calendaryear, cash basis taxpayers who are married filing jointly. Matthew is the custodial parent of his son, Jesse, from a previous marriage. The so

chemical reactions taking place while testing basic radicals?

I need a report on Sub-disciplines within the classics . Sub-disciplines within the classics report for about 2500 words? Would you able to assist me in report? Let me know cost o

QUESTION 1 Critically discuss the following requirements from an operations perspective of competing on (a) quality (b) cost (c) flexibility (d) dependability (e

Role of selective attention and working memory in executive functions The concepts of selective attention and working memory, introduced in Chapters 6 and 7, respectively, are cen

These essays should be a minimum of five paragraphs in length each. They should contain a clear thesis statement in the first paragraph (an answer to the question!). Make sure your

Neurological - Neurological observation is the collection of information on a patient's central nervous system this consisting of the brain and spinal cord. Neurovascular - Neur