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Traditional transactions can provide more richness in terms of face-to-face

service including visual and aural cues. However, traditional transactions are limited in terms of how many people can be reached at a single time. Online

transactions, which can be global in reach, can provide content that is both complex and rich, overcoming the traditional trade-off

between reach and

richness.

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What are some drawbacks to having an internet checking account vs one in a traditional bank?

Banking online can have some drawbacks compared to banking with a traditional bank. If you are the type of person that likes to go into a physical bank and talk face to face with a banker, than you might opt for banking the traditional way. Conveniences like cashing checks, withdrawing specific amounts of cash, and other transactions are difficult to do online. Often online banks require you to mail in checks to cash them (with a traditional bank you can cash them the same day). Some transactions (transferring money, checking your balance) will be the same, except for you will do it online rather than in person. Most traditional banks offer online banking in addition to their brick and mortar options. Always check what fees are associated with a checking account. Most checking accounts are free nowadays.


Why do debit cards do not have details embossed in it like that of credit cards?

because a debit card transaction is via online transaction only, whilst a credit card transaction can support the traditional way of using the zip-zap machine. This is proven useful when you use the credit card in foreign countries where their ICT infrastructure is unstable or none at all. By this virtue, we can conclude that credit card supports online / offline transactions and debit card only supports online transactions.


If you create an allocation rule to link to the office supplies mcc group to your purchasing department accounting code what will happen to transactions when they enter access online?

Access Online will automatically allocate all office supply transactions to the Purchasing Department's accounting code


If you created an allocation rule to link the Office Supplies MCC group to your Purchasing Department accounting code what will happen to transactions when they enter Access Online?

Access Online will automatically allocate all office supply transactions to the Purchasing Department's accounting code


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Online universities are becoming more reputable and are gaining ground and popularity, positioning them to be competitive with traditional colleges and universities. This website offers a good discussion of both scenarios to compare: http://www.bestcollegesonline.com/online-colleges-vs-traditional-campus-colleges/


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