GeekInterview.com
   Home |  Tech FAQ  |   Interview Questions |  Placement Papers |  Tech Articles |  Learn |  Freelance Projects |  Online Testing |  Geeks Talk |  Job Postings |  Knowledge Base | Site Search |  Add/Ask Question

GeekInterview.com  >  Placement Papers  >  Oracle  >  Java
Go To First  |  Previous Question  |  Next Question 
 Java  |  Question 27 of 134    Print  
How will u make transactions with creditcard? I.e., will u deduct money from the card Immediately after making transaction?

  
Total Answers and Comments: 1 Last Update: July 22, 2008   
  
 Sponsored Links

 
 Best Rated Answer

No best answer available. Please pick the good answer available or submit your answer.
July 22, 2008 18:12:58   #1  
ACE_GEEK Member Since: July 2008   Contribution: 3    

RE: How will u make transactions with creditcard? I.e., will u deduct money from the card Immediately after making transaction?
Actually Credit card transactions are not instant. The transactions generate a what is called as Auth code (authorization code) which entitles you to get the money and at the same time the money is blocked at the customer's account.  The auth codes needs to be settled to the bank that you are subscribed with (The bank that provides you with Payment gateway or terminal) and then the money is electronically transferred to your account within 30 days of the transaction (ie. the auth code is valid only for 30 days. if you do not submit the auth code to the bank, the transaction is voided).

The terminals or payment gateways are programmed to settle the batch. It may take anywhere between 2 - 3 business days for the money to be transferred to your acct once you settle transactions. it depends on the Bank.

 
Is this answer useful? Yes | No

 Related Questions

Answer posted by pravash on 2005-06-08 02:16:34: The PreparedStatement is a slightly more powerful version of a Statement, and should always be at least as quick and easy to handle as a Statement.  The 
Latest Answer : The PreparedStatement is a slightly more powerful version of a Statement, and should always be at least as quick and easy to handle as a Statement.  The PreparedStatement may be parametrizednull  Most relational databases handles a JDBC ...

Latest Answer : You can make your JSPs thread-safe by having them implement the SingleThreadModel interface. This is done by adding the directive within your JSP page. With this, instead of a single instance of the servlet generated ...

How will u make transactions with creditcard? I.e., will u deduct money from the card Immediately after making transaction?


 Sponsored Links

 
Related Articles

Service Oriented Java Business Integration Review

Service Oriented Java Business Integration Review Introduction If you ve read through the texts which give you an introduction to SOA or Web Services you will often find them to be quite frustrating and the reason for this is because they spend too much time referencing business processes which are
 

BI Role in Making Corporate Decisions

BI Role in Making Corporate Decisions What is a Corporate Decision A decision that deals with the safety success and livelihood of a business can be defined as a corporate decision These decisions can range anywhere from financial issues and customer satisfaction to product popularity and environmen
 

Querying Data with Oracle XQuery

Querying Data with Oracle XQuery Starting with Oracle Database 10g Release 2 you can take advantage of a full featured native XQuery engine integrated with the database With Oracle XQuery you can accomplish various tasks involved in developing PHP Oracle XML applications operating on any kind of dat
 

Using Oracle XML DB Repository

Using Oracle XML DB Repository Another variation on accessing and manipulating XML content stored in Oracle database is provided by Oracle XML DB repository which is an essential component of Oracle XML DB mosgoogle NOTE Oracle XML DB repository also known as XML repository is a hierarchically organ
 

Using Oracle Database for Storing, Modifying, and Retrieving XML Data

Using Oracle Database for Storing Modifying and Retrieving XML Data With Oracle XML DB you have various XML storage and XML processing options allowing you to achieve the required level of performance and scalability One of the most interesting things about Oracle XML DB is that it allows you to per
 

XML Processing in PHP and Oracle Applications

Processing XML in PHP Oracle Applications As mentioned there are two alternatives when it comes to performing XML processing in your PHP Oracle application You can perform any required XML processing using either PHP s XML extensions or PEAR XML packages or Oracle s XML features mosgoogle In the fol
 

PHP Oracle Web Development

PHP Oracle Web Development Data processing Security Caching XML Web Services and Ajax The book is written by Yuli Vaseliev a well known author of different web development and programming books PHP Oracle Web Development Data processing Security Caching XML Web Services and Ajax is a good starting b
 

Getting Started with Oracle and ODP.NET

ODP NET Developer’ s Guide by Jagadish Chatarji Pulakhandam Sunitha Paruchuri A practical guide for developers working with the Oracle Data Provider for NET and the Oracle Developer Tools for Visual Studio 2005 Application development with ODP NET Dealing with XML DB using ODP NET Oracle
 

PHP Oracle Web Development Review

PHP Oracle Web Development Data processing Security Caching XML Web Services and Ajax The book is written by Yuli Vaseliev a well known author of different web development and programming books The author is also an expert in open source technologies and SOA Service Oriented Architecture But besides
 

Step by Step Oracle PL-SQL Tutorial

This introductory tutorial to PL SQL will help you to understand the basic concepts of PL SQL Please review the following tutorials and practice the sample SQL Statements on your local Oracle Database Please note that you must learn these basic things before we actually start getting in to Advanced
 





About Us  |   Privacy Policy  |   Terms and Conditions  |   Contact  |   Site Map  |   Add Question  |   Propose Category  |   RSS Feeds  |   Articles Sitemap  |   Site Updates  |   Add Resource

Copyright © 2005 - 2008 GeekInterview.com. All Rights Reserved
Page copy protected against web site content infringement by Copyscape