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Unformatted text preview: Once Card and PIN are received, customer can do the transactions. Transactions can be of various types like credit, debit, reversal (if you return the goods purchased), chargeback (if wrong/ fraudulent transaction appears in the statement) etc. The transactions are recorded on a table. On the billing day, statement of transactions is generated. It can contain various messages which are basically advertisement campaigns. The customer has an option of paying the Minimum Amount Due. In this case, the remaining amount will attract the standard interest rate. Once the expiry date of any card is close, a new card will be generated and sent to the customer. The card will be accompanied by Card Carrier....
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This note was uploaded on 03/02/2011 for the course COMPUTER A BCA taught by Professor Nandakumar.g during the Spring '11 term at University of Madras.
- Spring '11