Explain the e-cheques verses credit cards in brief, Computer Engineering

Assignment Help:

Explain the E-cheques verses Credit Cards in brief.

E-cheques: E-cheques are utilized for business dealing into e-commerce. Transactions of such cheques take place onto Internet. In such system the electronic cheque is issued through the buyer to the seller. These e-cheques are deposited by the seller into the bank account. Some agencies as clearing house, buyer’s bank, certification authority and seller’s bank participate within the whole process with the actual buyer and the seller.

Credit Card: It is a normally used transaction card. After the purchases are made, there the card enters the transactions in opposition to the credit card. The card issuer transfers the needed amount of money to the seller’s account. The bill of this amount is raised to the cardholder.


Related Discussions:- Explain the e-cheques verses credit cards in brief

Programming with loops and comparisons, Q. Programming with loops and compa...

Q. Programming with loops and comparisons? This segment deals with more practical illustrations employing comparison, loops and shift instructions. Simple Program Loops

Secondary storage - computer architecture, Secondary storage: Secondar...

Secondary storage: Secondary storage (or external memory) differs from primary storage in that aspect it is not accessible by the CPU directly. The computer typically uses its

Sun and nis law, Sun and Ni's Law The Sun and Ni's Law is a generalizat...

Sun and Ni's Law The Sun and Ni's Law is a generalization of Amdahl's Law as well as Gustafson's Law. The fundamental idea underlying the Sun and Ni's Law is to find the soluti

Explain the differences between paging and segmentation, Explain the differ...

Explain the differences between Paging and segmentation. Paging and segmentation P aging Segmentation Computer memory is separa

Html, discuss hypertext mark up language

discuss hypertext mark up language

What is pattern, What is pattern? A pattern is a proven solution to a g...

What is pattern? A pattern is a proven solution to a general problem. Lots of patterns are used. There are patterns for analysis, architecture, design and execution. Patterns c

What about division and multiply operations, Q. What about division and mul...

Q. What about division and multiply operations? In most of the older computers divisions and multiply were implemented using subtract/add and shift micro-operations. If a digit

What are the use of job queues and ready queues, What are the use of job qu...

What are the use of job queues, ready queues and device queues? As a process enters a system they are put in to a job queue. These queues having of all jobs in the system. The

Enumerate the design reusability of vhdl, Enumerate the Design reusability ...

Enumerate the Design reusability of VHDL VHDL.  Functions  and  Procedures  may  be  placed  in  a  package  so  that  they  are  available  to  any design-unit which wishes t

Binary number system using 8 bit registers, Q. Binary number system using 8...

Q. Binary number system using 8 bit registers? Add 25 and -30 in binary number system using 8 bit registers using: Signed magnitude representation Signed 1's comple

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