https://padlet.com/shikin1205/156_tuto9 E-Commerce Payment System en-us 2016-09-04 23:53:01 UTC 2016-09-05 00:54:47 UTC hello@padlet.com https://padlet.com/shikin1205/156_tuto9/wish/121514065 Credit card
-flexible spending limit
-greater security measures and checks than debit card
-allow for cash back and bonus point schemes

Debit card
-not credit worthy and may find it difficultly to obtain credit card but more easily to obtain a debt card
-it is limited to the existing funds in the account
-used to obtain cash from ATM or a pin-based transaction at no extra charge]]> 2016-09-05 00:39:13 UTC https://padlet.com/shikin1205/156_tuto9/wish/121514065 https://padlet.com/shikin1205/156_tuto9/wish/121514224 a)i)authorization-determine whether abuyer's card is active and whether the customer has sufficient funds. 
i)settlement-transfering money from the buyer's to the mechant's account. 
B)froudulent and transaction 
i)address verification system (Avs)
-Detects fraud by comparing the address entered on a Web page with the address information on file with the cardholder's issuing bank.
ii)card verification number (Cvn)
-Detects fraund by comparing the verification number printed on the signature strip on the back of the card with the information on file with the cardholder's issuing bank.]]> 2016-09-05 00:41:56 UTC https://padlet.com/shikin1205/156_tuto9/wish/121514224