A Comparative Study of Financial Transaction Cards - Credit & Debit Cards

Authors(1) :-Sivakumar Nadarajan

In today's world the use of debit and credit card have become so widespread that their volume has overtaken or entirely replaced cheques and, in some instances, cash transactions. Since the transactions are cashless and are performed on-line, it becomes the most popular mode of payment. Increase in e-commerce and the ease of online transactions and payments has led to an exponential increase in the number of people opting for online purchases. This has automatically led to an increase in the number of fraudsters trying to exploit the transparence involved in online transactions. This article defines the most common things of debit card and credit card transactions and compares both credit and debit card nature.

Authors and Affiliations

Sivakumar Nadarajan
Research Scholar, PG and Research Department of Computer Science, J. J. College of Arts and Science, Bharathidasan University, Tiruchirappalli, Tamil Nadu, India

Debit Card, Credit Card, Cashless, E-Commerce, Fraudsters.

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Publication Details

Published in : Volume 2 | Issue 6 | November-December 2017
Date of Publication : 2017-12-31
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 694-698
Manuscript Number : CSEIT1726181
Publisher : Technoscience Academy

ISSN : 2456-3307

Cite This Article :

Sivakumar Nadarajan, "A Comparative Study of Financial Transaction Cards - Credit & Debit Cards", International Journal of Scientific Research in Computer Science, Engineering and Information Technology (IJSRCSEIT), ISSN : 2456-3307, Volume 2, Issue 6, pp.694-698, November-December-2017.
Journal URL : http://ijsrcseit.com/CSEIT1726181

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