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

What is an event handler, An event handler is a part of a computer program ...

An event handler is a part of a computer program formed to tell the program how to act in response to a definite event.

Operating system.., what is network operating system design issues

what is network operating system design issues

List the major components of the keyboard, List the major components of the...

List the major components of the keyboard/Display interface. a. Keyboard section b. CPU interface section c. Display section d. Scan section

Correct cluster, For each of the three datasets (data1.txt, data2.txt, and ...

For each of the three datasets (data1.txt, data2.txt, and data3.txt in bnhw2q2.zip), cluster the data using k-means in Matlab, with k=2, 3, 4 and 5 using the provided Matlab script

What is mini frame size where propagation speed is 200 m µs, A CSMA/CD bus ...

A CSMA/CD bus spans a distance of 1.5 Km. If data is 5 Mbps, What is minimum frame size where propagation speed in LAN cable is 200 m µs. Usual propagation speed in LAN cables

Difference between static call and dynamic call, In the case of Static call...

In the case of Static call, the called program is a stand-alone program, it is an executable program. During run time we can call it in our called program. As about Dynamic call, t

Input output in assembly program, Q. Input output in assembly program? ...

Q. Input output in assembly program? Software interrupt is a call to an Interrupt servicing program situated in the operating system. Generally the input-output routine in 8086

What is the function of cu, What is the function of CU? The control uni...

What is the function of CU? The control unit works as the nerve center that coordinates all the computer operations. It issues timing signals that governs the data transfer.

Pre-os and runtime sub-os functionality, In a raw Itanium, a "Processor Abs...

In a raw Itanium, a "Processor Abstraction Layer" (PAL) is integrated into the system. When it is booted the PAL is loaded into the CPU and gives a low-level interface that abstrac

Name the memory used in microprocessor systems, Name the fundamental kinds ...

Name the fundamental kinds of memory used in microprocessor systems There are three fundamental kinds of memory used in microprocessor systems - generallyknown asRAM, ROM, and

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