Transaction types in e-commerce, Other Subject

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.

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
1) Discuss the implications of stress on the CV system and cancer development. 2) Explain the paradoxical role of the immune system, including the inflammatory response, in tumo

What do you think accounts for the rise of conspiracy theories that are offered as explanations for the assassinations of the great leaders of the 1960s?

The mouth is the beginning of the digestive tract; and, in fact, digestion starts here when taking the first bite of food. Chewing breaks the food into pieces that are more easily

FUTURE EVOLUTION The major focuses of digital cash development are 1) being proficient to use it throughout a wider range of hardware for example secured credit cards; and

Question 1 Write a long note on the direction of light, describing direct and indirect light, frontal lighting, side lighting and back lighting Question 2 Write a long not

Temporal receptive windows and executive functions Being able to integrate information over time is crucial for perception of life events as they typically unfold over longer time

Calculate the cash discount and the net amount due for the following transaction. Amount of Invoice Terms of Sale Cash Discount Net Amount Due $12,660.00 2/10, n/45 $ $

Question 1 What do you mean by barriers of communication? Explain different types of barriers to communication Question 2 Explain the different types of listening Questio

can i get an example of visit to the interesting place report?

PARTIES INVOLVED Cardholder: The owner of the card used to create a purchase; the customer. Card-issuing bank: The financial organization or other organization that