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Administration Guide for Oracle Billing Insight > Payment Transactions > About Credit Card Payment TransactionsThe user interface to the Payment module can offer a variety of credit card payment options. Some of those options require you to configure fields in Payment Settings for a credit card payment gateway. Oracle Billing Insight supports credit reversals. NOTE: Debit cards are processed as a credit card transaction. Credit card processing usually occurs in the following order:
Because credit card processing is in real-time and not batch-based, the life cycle for credit cards is not as complex as check processing. Figure 3 shows the entities involved in a credit card payment transaction. |
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