0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the features of a business transaction?
1. it is
How are the credit card payments made on internet?
When you place an order you will enter your card details which will be captured by the merchant (or their payment gateway if they use a separate provider). They will then send these details along with the transaction details to their merchant bank. The bank will inform the card issuer who will authorise the transaction (or not, as the case may be). The bank will forward the confirmation back to the merchant (via the payment gateway) who will then inform you (typically with an order confirmation email or an order success screen). The process usually takes no more than a second or two.
Which of these is one way that credit cands differ from debit cands?
Credit cards allow you to borrow money from the card issuer. A debit card requires you deposit money with the card issuer, and the money is then deducted at the time of the transaction from the amount deposited.
How do online payments work?
When you make an order your card details will be captured by the merchant or their payment gateway. These will be sent on securely to the merchant bank who will then notify the card issuer who will authorise (or not) the transaction. The bank will send confirmation back to the merchant/payment gateway and you will be notified. The process only takes a second or two.
How do you pay a credit card bill and can I pay credit card bill with credit card?
Yes, you will be able to pay one credit card bill with another credit card. There are a couple of different ways to do this: 1. Balance transfer - There are credit cards that would let you transfer some of the the balance from one card to another. The interest for this transfer is usually lesser on the transferred balance. 2. Using Credit Card Checks - You can also use the checks that come with some credit cards. All you've got to do is write a check for the amount due. This transaction does not carry any additional charges along with it. 3. Cash Advance - There is also a possibility of getting a cash advance from a credit card and this can be deposited into your savings account or even used to pay the bill of another credit card.
What is card approval?
Well, this is an ambiguous question, so I will answer for all the possible interpretations for the benefit of the reader:1. When you apply for a credit card if the application is successful then it is said that your card has been approved2. When a card is swiped through at the terminal or eft point, the credit provider's server is connected to enable to processing of the transaction. When the transaction is successfully processed, people often use the term the card approved / transaction approved...Hope this helps!
How does a 1991 master blaster Eric Davis baseball card worth?
Sports card values can vary depending on the condition of the card. However, a 1991 Score Eric Davis Master Blaster card is worth around $1 on average.
How tall is Merit Leighton?
Merit Leighton is 5' 1".
Example each of a cash and credit transaction?
An example of a Cash transaction would be: I walk into a Supermarket and pick out something for $1.00. I go to the register and pay with 1-$1.00 bill. This is an example of a "cash" transaction.A credit transaction which is also a "Debit" transaction, is a transaction where the POS (Point of Sale) electronically withdrawals money from the card holders account to be paid once your Financial institution processes your daily transactions.An example of Credit transaction would be: I walk into a Supermarket and pick out something for $50.00. I only have $10.00 in cash on hand so I pull out my Credit/Debit card and swipe it at the register.
Distinguish between Bin card and store ledger?
Following are the main differences between bin card and store ledger.1.UserBin card is maintained by the storekeeper. Store ledger is prepared by cost accounting department.2. NatureBin card is a record of quantity only. Store ledger is a record of quantities and values.3. PeriodIn bin card, entries are made immediately after each transaction. In store ledger, entries are made periodically.4. PostingPostings are made before a transaction in bin card. Posting are made after a transaction in store ledger.5. Using DepartmentBin card is kept inside the store. Store ledger is kept outside the store
What is the relation of Figure of merit with current sensitivity?
Figure of merit = 1/ Current Sensitivity.
How many types of payment cards used for monetary transaction purpose?
theses are three in kind and many in brands and co-brands 1) ATM cards 2) Debit cards 3) credit cards in brands theses are 1) master (debit/credit /ATM card) 2) Visa 3) dinner's club 4) Many stores have their own customer cards 5) Many companies like airlines have co-branded cards with visa or master
What is full form of MTS?
1) Microsoft Transaction Server 2) Manitoba Telecom Services 3) Metropolitan Transit System 4) Master of Theological Studies 5) Mountains
You record the debit entry for transaction a 5 1 in the journal as?
You record he credit entry for transaction (a) 5/1 in the journal as
What are the features of a business transaction?
1. it is
Can vendors charge you to use your credit card?
The purchaser's bank (that issued the credit card) and the vendor's bank (with whom the charge slip is lodged by the vendor) charge a percentage of the purchase amount. This amount essentially comes from the amount that is payable to the vendor. As a result, the vendor gets about 1 to 3% less than what he would have received had the transaction been paid for by cash. Some vendors hence tend to charge higher if you use your credit card A merchant has no right to charge more if you use a credit card, although they might offer a discount for cash. Adding a surcharge to a credit card transaction would most likely violate the merchant agreement with the credit card company. For example, VisaUSA Rules: "Always treat Visa transactions like any other transaction; that is, you may not impose any surcharge on a Visa transaction." Violation may result in penalties, suspension or termination.
What are the ratings and certificates for Life - 2007 I Pilot Merit Badge 1-1?
Life - 2007 I Pilot Merit Badge 1-1 is rated/received certificates of: Netherlands:12 USA:TV-14
