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

Define internet infrastructure, As we know how packets travel from one comp...

As we know how packets travel from one computer to another over the Internet. However what's in-between? Actually what makes up the Internet infrastructure or backbone? Fi

Define a technique of temporarily removing inactive program, is a technique...

is a technique of temporarily removing inactive programs from the memory of computer system? Swapping is a technique of temporarily eliminating inactive programs from the memor

What are the different types of bios, The  most common types are the AWARD,...

The  most common types are the AWARD,AMI, AND phoenix

Bus master - computer architecture, Bus Master: In  computer system,  ...

Bus Master: In  computer system,  bus  mastering  is  a attribute  supported  by  various  bus  architectures  that  enables  a  device linked to the bus to initiate transacti

Explain about ip access, Explain about IP Access. IP access on the netw...

Explain about IP Access. IP access on the network by: • Intranets onto Virtual IP Networks and • Extranets onto Virtual IP Networks.

Nmknl''knl, Ask question bhjjnjnnjnjm#Minimum 100 words accepted#

Ask question bhjjnjnnjnjm#Minimum 100 words accepted#

Which memory can not be accessed randomly, Which of following can not be ac...

Which of following can not be accessed randomly DRAM, SRAM, ROM or Magnetic tape ? Ans. Magnetic tape cannot be accessed randomly; it can only be accessed sequentially.

Post interrupts - computer architecture, Post interrupts - computer archite...

Post interrupts - computer architecture: Post interrupts Exact interrupts examine interrupt bit on entering WB Longer latency Handle immediately

Handling interrupts - computer architecture, Handling Interrupts: Pre...

Handling Interrupts: Precise interrupts (sequential semantics) Complete instructions before the offending instructions o   Force trap instruction into IF o

Search mechanisms in prolog - artificial intelligence, Search mechanisms in...

Search mechanisms in Prolog We can utilize this simple Prolog program to describe how Prolog searches: president(X) :- first_name(X, georgedubya), second_name(X, bush). p

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