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Operating Systems: Concurrent and Distributed Software Design
book

Operating Systems: Concurrent and Distributed Software Design

by Jean Bacon, Tim Harris
March 2003
Intermediate to advanced content levelIntermediate to advanced
912 pages
27h 17m
English
Pearson Business
Content preview from Operating Systems: Concurrent and Distributed Software Design

30.2. Introduction to some electronic funds transfer (EFT) applications

An outline of some of the transaction processing which is carried out within EFT systems is now given.

30.2.1. Paying by cheque

Figure 30.4 outlines what is involved when goods are paid for by cheque.

Figure 30.4. Payment by cheque.

I have bought a television and have paid the shop by cheque. My handwritten signature on the cheque is used to authenticate me, but only in the event of a dispute at a later stage.

1.
The shop presents my cheque (and many others) to its bank.
2.
The shop's bank transmits a file containing a batch of transactions to a central clearing house. A central ...
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Publisher Resources

ISBN: 0321117891Purchase book