The Big Picture Of Payment Arrangement Requests
A Payment Arrangement Request is used to manage
the process of starting a payment arrangement. It is a step-by-step
process that can include:
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Checking the account’s eligibility for payment arrangement
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Capturing the terms of the payment arrangement such as the included service agreements, down payment amount, number of installments and installment amount
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Evaluating whether or not the payment arrangement request requires approval
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User approval / rejection of the payment arrangement request
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Monitoring for the down payment, if applicable
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Creating the payment arrangement service agreement
The topics in this section describe how payment arrangement requests work.