What do you understand by electronic funds transfer, Computer Engineering

Assignment Help:

What do you understand by Electronic Funds Transfer? 

Electronic Funds Transfer:

It's an electronic payment method that transfers the money value from one bank account to another in similar or different bank.  

 


Related Discussions:- What do you understand by electronic funds transfer

Explain flash devices, Explain Flash devices It is possible to read the...

Explain Flash devices It is possible to read the contents of a one cell, but it is only possible to write an whole block of cells Greater density which leads to superior cap

Which method uses the greatest number of layers in OSI model, Which method ...

Which method uses the greatest number of layers in the OSI model? Gateway utilizes the greatest number of layers into the OSI model.

What is locking, What is Locking? When two users at the same time atte...

What is Locking? When two users at the same time attempt to access the similar data record, this is synchronized by a lock mechanism

What is mqseries channel, Channel means logical communication link. There a...

Channel means logical communication link. There are two parts of channels a) Message channel, b) MQI channel   1) Mesage channel use for communication among QMgr to Q

Performance of caches - computer architecture, Performance of caches: ...

Performance of caches:       Amdahl's Law regarding overall speed up:                  Alternatively, CPU stall can be considered:

Representation in prolog - logic programs, Representation in Prolog - Logic...

Representation in Prolog - Logic Programs: If we justimpose some additional constraints on first-order logic, so than we get to a representation language knowing as logic prog

Challenges in changing information technology, Q: Challenges and Prospects ...

Q: Challenges and Prospects in Changing Information Technology? There is no doubt that information technology has made significant progress during the past two decades. Modern

Explain that lost acknowledgement in packet retransmission, Explain that th...

Explain that the lost acknowledgement does not necessarily enforce retransmission of the packet . To guarantee reliable transfer, protocols utilize positive acknowledgement al

Real life business subsystems, Real Life Business Subsystems A Subsyst...

Real Life Business Subsystems A Subsystem is a component of a System even though it can also be described as a system in its own right. Consider a manufacturing firm. It compr

State the term organizational structure, State the term Organizational Stru...

State the term Organizational Structure. A business organization might be structured in many various ways, depending on the environment in that this operates. There are alwa

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