Credit Cards Management
Credit Cards Management
SAP Credit Card Management refers to a suite of solutions within the SAP portfolio for managing payment and corporate cards. Key functions include card lifecycle management, authorization and settlement of transactions, and integration with other SAP modules like Financial Accounting and Sales and Distribution. SAP offers specific solutions for banking card management (S/4 Card Mgmt) and more general payment card processing, often connected to web channels or travel expense management.
- Card lifecycle management: Manage the entire lifecycle of a card, from creation to destruction, including locks, stops, and flexible product definitions.
- Real-time authorization: Approve or decline transactions in real-time by checking available funds, limits, and existing locks.
- Transaction processing and settlement: Process transactions and perform settlement runs with external clearing houses, posting the results to SAP accounting.
- Integration: Integrates with other SAP solutions, such as Sales and Distribution (SD) and Financial Accounting (FI), for a comprehensive view of credit and transactions.
- Customer self-service: Provide customers with self-service options like limit management, card locks, and transaction history.
- Support for modern technologies: Supports new payment technologies like tokens, virtual cards, and e-wallets.
