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Object documentationCredit Card Payment Methods - Setup Window Locate this document in the navigation structure

 

Use this window to define credit card payment methods.

To open the Credit Cards Payment Methods - Setup window, choose   Administration   Setup   Banking   Credit Card Payment Methods  .

Credit Card Payment Methods – Setup Window
Name

Specify a name for the credit card payment method.

Card

Specify whether to assign the method to a specific credit card or all credit cards.

Payment Code

Specify the credit card payment code according to which the credit card company credits you whenever the credit card payment method is used.

Min. Credit Voucher

Specify the minimum amount that may be paid by credit card for this credit card payment method.

Min. Payment

Specify the minimum amount of a payment made using this credit card payment method. This information is checked whenever a credit card transaction consisting of more than one payment is generated. If the amount of each payment is lower than defined, the credit card vouchers are not created.

Without Approval

Specify the maximum credit card transaction amount that may be processed without getting approval from the credit card company.

Payments

Select the required option:

  • No

    Prevents the creation of multiple payment transactions when this credit card payment method is used.

  • Yes

    Allows the creation of multiple payment transactions.

  • Cr

    Allows the creation of multiple payment transactions for this credit type. The credit card company credits you for the total amount of the transaction, according to the credit card payment defined, while the customer makes multiple payments plus interest to the credit cards.

  • Rd

    Creates payment transactions in which the remittance is immediate, regardless of the value date of the credit vouchers. In return, you pay a predefined commission to the credit vendor.