PAYMENT ENGINE (FS-PE) title: Payment Engine (FS-PE) (SAP Library - Glossary)
PAYMENT ENGINE (FS-PE) category: Payment Engine (FS-PE)
PAYMENT ENGINE (FS-PE) explained:
A platform with multiple channels that is used for managing payment operations between banks.
The Payment Engine is a central component that enables the integration between external customers and clearing channels as well as internal core banking systems.
The following are examples of Payment Engine features:
Rationalization of payment processes Standardization of interfaces to surrounding systems Workflow control Open software architecture that enables enhancements for specific customers and specific countries without changing core processes. Processing of different payment types, formats, and channels for multiple products and divisions. Flexible product configuration Batch and real-time processing Real-time postings Management of the entire lifecycle of all payment operations based on a comprehensive status concept for all objects and process stepsMore terms such as Payment Engine (FS-PE) in Dictionary P.
- Manual Processor (FS-AM-CM-CA):
- Help company that processes the card data (master data and turnovers) for the actual card issuer. There are different degrees of processing, from complete in-house processing (in which the card issuer payment engine (fs-pe) definition.
- Manual Production Unit Variant Type:
- Help combines all planned production units of the ad item type that have the same content, such as the Monday, Tuesday, Wednesday, Thursday and Friday editions of a local section in a weekly issue payment engine (fs-pe) explain.
- Manual Primary Script:
- Help Script whose function is to represent the primary linguistic informationin a writing system. All primary scripts represent either sound, meaning or a combination of both payment engine (fs-pe) what is.
- Manual Periodic Payment:
- Help Funding setup where predetermined amounts are sent at intervals to the grantee without regard to actual, eligible expenditures made. Compare: lump sum funding, reimbursement funding payment engine (fs-pe) meaning.
- Manual Pick And Pack:
- Help Process of selecting items in a warehouse, packaging and shipping, in response to a sales order payment engine (fs-pe) abbreviation.
