Banking Cards Processing

[Former Member]

Hi,

I would have few questions about charging of banking cards inside SAP. Assistance would be highly appreciated.

Which SAP version do I need to be able to charge cards?

Cards issued in which countries can be charged?

To funds opened in financial institutions in which countries can money arrive to?

Can money arrive to both personal and business accounts?

Which type of cards (e.g. maestro, visa, jcb,...) can be processed?

How does money arrive to destination bank account? As international wire (if yes, is reference message also known as purpose of payment possible?) or as international deposit and how soon?

Who is processing payments from charged cards to bank account?

Any min/max limit per one charge?

Any max limit per quantity of total charges per specific time period (which one)?

Any max limit of repeated charges (one after another) of same identical card?

Is merchant account required?

Thank you very much in advance.

[brendasantos]

Hi Eston,

You can find a lot of information regarding Cards in the following link: Cards

You can create a card contract for any type of cards:
> Credit cards (such as Visa card or Euro card)
> Debit cards (such as EC card or bank card)
> Other cards with and without payment function

I hope this helps 🙂
Regards, Brenda

[Former Member]

still looking for this