‘Payment card’ is the term used to describe customer cards and credit cards. With this function, the R/3 system processes payment with payment cards.

As with all other means of payment, payments made by payment cards are passed on to Financial Accounting from Billing. Open line items are created on the relevant accounts to be settled with the payment card company. All data relating to payment card transactions is stored in Financial Accounting. You can then use a report to group the settlement data together and transfer it to the payment card company. The settlement run can be repeated as required.