Frameworx Application: Payment Management

Category: (2) TAM Application Type

Application Identifier: 5.9.4

Maturity Level: 4

Overview

The Payment Management application provides a link between the payment channels (e.g. 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.

Functionality

Payment Management facilitates the transfer of information between the service provider’s financial institution and the customer’s financial institution. 

Payment Management performs the following functions:

·         Payment interface management

·         Payment validation and authorisation

·         Payment settlement

Supported Business Services

(2) TAM Application Type Payment Management

Appears on these diagrams:

• 5.9 Receivables Management
• 5.9.4 Payment Management
• Mapping TAM Receivables Management
• System Flow: Billing

is a more detailed diagram for the

• 5.9.4 Payment Management

Frameworx Processes (Automated TAM to eTOM)

• Manage Customer Payments

Issues

• Application Framework 12.0 Addition

Frameworx Domains (Horizontal)

• Customer Domain

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