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

Authors

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

Keywords:

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

Abstract

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.

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IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology

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Published

2017-12-31

Issue

Volume 2, Issue 6, November-December-2017

Section

Research Articles

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Copyright (c) IJSRCSEIT

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Sivakumar Nadarajan, " A Comparative Study of Financial Transaction Cards - Credit & Debit Cards, IInternational 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.