To accept a credit card for payment, we have to open a account with our bank

Related MCQs

• ……………….in the e-commerce may be a holder of a payment card such as credit card or debit card from an issuer
• is a kind of payment card that transfers fund directly from the consumer’s bank account to the merchants account
• credit card gives all the advantages of a normal credit card without worrying about the interest charges
• ……………….is a financial institution that establishes an account with a merchant and processes payment card authorization and payments
• The verification of credit card is done by using… with a communications link to the merchants acquiring bank
• encrypts payment card transaction data and verifies that both parties in the transaction are genuine.
• ………………site is created to fraudulently acquire sensitive information such as pass words and credit card details, by masquerading as a trustworthy person or business.
• In …………………..type of payment system customer is allowed to spend only up to the amount that have pre deposited into account.
• ……………..is a card with a microchip that can be used instead of cash and coins for everything from vending machines to public transportation.
• is the system of purchasing cash credits in relatively small amounts, storing the credits in our computer, and then spending them, when making electronic purchases over the internet.