Encryption means that a number or other information is coded or scrambled so it can't be used until it is decoded or unscrambled. It is like locking information that you can't open without a key. Online sellers or processors like PayPal will say that your credit card number is encrypted when you use it online, because anyone can see what's going over the internet if they know how to intercept a router. If, however, they intercept an encrypted number or file, they can't read it without the "key", which is known as an algorithm or formula to unlock the sequence. I
This means the credit card information has been scrambled. In other words, it has been coded to not be read by others. It is a security measure to help protect consumers online.
Purchase on account means purchases from vendors on credit while sales on account means selling to customers on credit.
It means the card number is on a list of cards reported stolen or other invalidated for use.
why debtors and creditors are called as sundry? Debtors = In general business terminology means Customers to whom the goods are sold on credit. Sundry = Various Therefore Sundry Debtors means Debtors for various reasons and not merely for Credit Sales.
The larger the portion of a firm's sales that are on credit indicates that the company relies more heavily on extending credit to customers to drive revenue. This can increase the risk of bad debts, as not all customers may fulfill their payment obligations. Additionally, it can impact cash flow, as funds from these sales may not be immediately available. However, offering credit can also enhance customer loyalty and increase sales volume if managed effectively.
A customer's credit card information is encrypted. This means that the card's information is:
This means that the card's information is encoded.
It means all the information about your credit card all the details are encrypted and scrambled in a garbage message so it is unreadable to another person. Think about this: If you are giving out your credit details to someone, and you speak Japanese instead of english, then the information will be garbage and unreadable. So in other words when credit card details are encrypted it's unreadable because of the content of it is not understandable.
This means the credit card information has been scrambled. In other words, it has been coded to not be read by others. It is a security measure to help protect consumers online.
It means the information is encoded somehow, so if someone unauthorised were to see the data, they wouldn't be able to understand it. Only the authorised systems can decode that data.
An encrypted connection means that the connection is secure. The information sent from one place to another was encrypted to stop a hacker from knowing what was sent.
An encrypted connection means that the connection is secure. The information sent from one place to another was encrypted to stop a hacker from knowing what was sent.
Purchase on account means purchases from vendors on credit while sales on account means selling to customers on credit.
Encrypted means that what are sending to the Internet and back is Secure.
It means that the account was closed by the company that granted the loan or credit. An example would be Chase closing a customers credit card (with or without a balance) due to inactivity, poor account performance, or due to a decline in the customers financial health.
Encryption means protection, when you enter details, such as credit cards or important information, it is sent through the internet, encrypted (scrambled) and processed in an un-encypted view once it reaches its destination. this makes it harder for hackers to intercept your details.
it means you failed