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

Algorithem, for calculating simple interest

for calculating simple interest

Define busy waiting and spinlock, Define busy waiting and spinlock.  Wh...

Define busy waiting and spinlock.  When a process is in its critical section, any other process that tries to enter its critical section must loop continuously in the entry cod

Determine flip flop the msi chip is dual edge triggered, The MSI chip 7474 ...

The MSI chip 7474 is ? Ans. MSI chip 7474 is TTL, dual edge triggered D Flip-Flop.

How do you debug a loadrunner script, VuGen have two options to help debug ...

VuGen have two options to help debug Vuser scripts-the Run Step by Step command and breakpoints. The Debug settings in the Options dialog box permit us to verify the extent of the

Prove using boolean algebra, Q. Prove using Boolean Algebra 1. AB + AC ...

Q. Prove using Boolean Algebra 1. AB + AC + BC' = AC + BC' 2. (A+B+C) (A+B'+C') (A+B+C') (A+B'+C)=A 3. (A+B) (A'+B'+C) + AB = A+B 4. A'C + A'B + AB'C + BC = C + A'B

Show the conditional jump in program with example, Q. Show the conditional ...

Q. Show the conditional jump in program? CMP    AX, BX                      ; compare instruction: sets flags JNE     FIX                             ; if not equal do addi

Explain about system deadlock, Q. Explain about System Deadlock? A dead...

Q. Explain about System Deadlock? A deadlock denotes to the condition when simultaneous processes are holding resources and putting off each other from finishing their executio

Explain the term- signals, Explain the term- Signals -  Signals are use...

Explain the term- Signals -  Signals are used for communication between components -  Signals can be seen as real, physical signals -  Some delay should be incurred in a

Functioning of registers, Functioning of registers: at any instance of time...

Functioning of registers: at any instance of time global registers and only one window of registers is visible and is addressable as if it were only set of registers. So for progra

Computational fluid dynamics, Q. Computational Fluid Dynamics? Computat...

Q. Computational Fluid Dynamics? Computational Fluid Dynamics: CFD was a FORTRAN like language developed in the early 70s at "Computational Fluid Dynamics Branch of Ames Resear

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