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What are the major documents for credit transaction?
what are the major documents used in credit transaction
What makes an online credit card different from a standard credit card?
Standard credit cards can be used almost anywhere, where online credit cards are used solely online. Online credit cards usually have better rates than the traditional credit card as well as more thorough transaction tracking.
What is off us transaction?
Off us transaction is a transaction made in an ATM or a POS of a bank different from the bank that issued the card used to make the transaction
How safe are online banks to bank with?
Internet banking is very safe. Banks should be insured with the FDIC. (Federal Deposit Insurance Corporation) Proper precautions should always be used when accessing your online account. This would include safe guarding your user name and password.
What is routing number for samba financial group?
Bank routing number or routing transit number (RTN) is a nine digit number used to identify a financial institution in a transaction. Most common types of transaction being ACH and wire transfers. Some banks and credit unions may have multiple routing numbers serving different purposes, geographical regions or branches. Routing numbers are printed on the bottom of a check. They can also be found on online banking sites of the financial institution.
What are example of transaction -processing system?
Payment gateways are used for transaction processing system. Examples are PayU, Emvantage, CCAvenue, PayPal, Ebs etc.
What do you understand by the term RTGS?
RTGS stands for Real time Gross Sattlement and is used for online transaction of money through various banks.
What is online processing?
The link below has an easy explanation.
What is the system uses for transaction processing system?
payment gateway is used for transaction processing system.Examples are Emvantage payments private limited, PayU, CCAvenue and many more
What is a Transaction processing diagram?
The Transaction Flow Diagram or TFD is the used of graphic elements to portray a specific business process. The elements used are lines or symbols.
What are some commonly used Transaction Processing Systems?
There are many Transaction Processing Systems such as IBM, Tuxedo, Univac, Digital Equipment Corporation, Honey Multics, Burroughs Corporation or Honeywell Multics.
Is a transaction code used for bank transactions?
Transaction codes are used by banks to determine what time if transaction has occurred at the bank. Everything from a code used for a deposit to a checking account to another different code used to make a loan payment.
What is transaction processing?
you were introduced to the concepts behind transaction processing. But you may still be wondering just what this is. Transaction processing has been around since the mainframe days of computing. You may have heard of, or have even used, products such as CICS, Tuxedo, or TopEnd. These are all examples of transaction processing systems, which provide transaction services to applications that use them. There are a number of attributes that make up transaction processing.In order to discuss transaction processing, we must first agree on a definition of what a transaction is. A transaction is an atomic unit of work that either fails or succeeds. There is no such thing as a partial completion of a transaction. Since a transaction can be made up of many steps, each step in the transaction must succeed for the transaction to be successful. If any one part of the transaction fails, then the entire transaction fails. When a transaction fails, the system needs to return to the state that it was in before the transaction was started. This is known as rollback. When a transaction fails, then the changes that had been made are said to be "rolled back." In effect, this is acting similar to the way the Undo command works in most word processors. When you select undo, the change that you just may have made is reversed. The transaction processing system is responsible for carrying out this undo.
Online processing is used when in data handling is not possible?
online processing is done when--------------is not possible in data handling.
How is MIcr used by banks in check processing?
It prints numbers at the bottom of a cheque.
What is the difference between online transaction processing and online analytical processing?
OLTP : customer oriented. OLAP : Market oriented OLTP : ER based application oriented concern OLAP : subject oriented concern. Current data : Historical data used for detailed for decesion making Access patterns are short. : COCancelMPLEX
Why did banks and firms used to buy and sell currency?
Banks and firms bought and sold currencies to complete the export or import transaction or to hedge the exposure to fluctuations in the exchange rates in the currencies of interest.
