General Overview.
Install the SD component to process payment card data in master records, sales orders, and
billing documents. With this component, you can:
-Integrate payment card activities into the sales, delivery, and billing processes
-Exchange information with clearing houses for authorization
-Manage complicated sales scenarios involving payment cards
-Handle procurement cards
Payment cards play an important role in Risk Management [Ext.]. As of Release 4.0, you can use
payment cards to secure payment guarantee for your receivables.
To configure payment card functions, choose Billing - Payment cards in Customizing for SD
Find detail doc in your inbox & check following link for understanding:
http://www.sapdb.info/sap-fi-faqs-incoming-payment-processing/
Thanks & Regards
JP
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