Business
Context
The Payment Management application supports interfaces between the
service provider billing systems and the internal and external systems that are
responsible for processing payment requests. It enables customers to choose between
many payment channels whilst allowing those payments to be
processed in a standardised, efficient and secure manner
Overview
The Payment
Management application provides a link between the payment channels (eg Post
office, Retail shops, etc) and the
service provider to allow many forms of payment to be accepted in a controlled
manner. Payment Management
interfaces with financial institutions to verify and accept or decline financial
transactions.
This was created from the Frameworx 16.0 Model