Transaction types in e-commerce, Other Subject

Assignment Help:

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.


Related Discussions:- Transaction types in e-commerce

Psychology & geology, I have 2 online courses that i need assistance with. ...

I have 2 online courses that i need assistance with. PSYCHOLOGY & GEOLOGY both are ending in late april. Are you able to take the online quizes and test and exams for me?

Mental health nursing, 1. Analyse the impact of mental illness on the indiv...

1. Analyse the impact of mental illness on the individual, their families and communities. Enabling outcomes You should be able to: a. Discuss the theoretical underpinning

Gag clause law, 1. List three issues that patients complain about in regard...

1. List three issues that patients complain about in regards to managed care. 2. Provide a general discussion of any three of the following health care laws: Consolidated Omn

#title.utility, what is the relationship between utility, justice, rights, ...

what is the relationship between utility, justice, rights, and caring?

Environmental responsibilities, Environmental Responsibilities: Environmen...

Environmental Responsibilities: Environment cares for us. It gives us beauty (grass), oxygen (trees), protects us from Sun's powerful UV rays (ozone layer) and several more things

Explain max weber''s early life, Question 1 Explain the Conservative React...

Question 1 Explain the Conservative Reaction to the idea of Enlightenment Question 2 Explain Max Weber's early life Question 3 What is the difference between repressive

DDBL, DDBL is located first at .......... ?

DDBL is located first at .......... ?

Virtual terminal, VI R TUA L TERMINAL In open systems, a virtual te...

VI R TUA L TERMINAL In open systems, a virtual terminal ( VT ) is a submission service that: 1.   Allows host terminals on a multi-user network to work together with ot

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