Risk Management for Payment Cards 
Risk Management for Payment Cards
Use
Risk Management plays a central role within Sales, providing you with checks and functions to minimize your credit risk. In addition to letters of credit and export credit insurance, payment cards are among the payment guarantee forms that you can use to insure payment for sales order items.
Integration
See
Risk Management for more information, including a
comparison of payment cards to the other forms of payment guarantee. Note that when a payment card is used in a sales order, the payment guarantee form for payment cards takes precedence over the others and is activated first.
Prerequisites
Because Risk Management affects amounts and dates in the authorization process, you must make the appropriate settings for sales order types in which payment cards are used. Choose Authorization and settlement ® Risk Management for payment cards in Customizing for payment cards. Here, you can define payment cards as a form of payment guarantee, and maintain an appropriate procedure.
Features
In the same way as for the credit check in Credit Management, the system sets an internal status for Risk Management that influences the overall credit status. You can use this status to prevent certain
subsequent functions from being carried out for documents that have been blocked due to payment guarantee, in this case failed authorization.