Billing & Payment
Wiki Billing & Payment by billwerk with all articles about Billing & Payment in the Subscription Business. The billwerk Wiki – your wiki for everything about the subscription economy and subscription management. Here you will find basic knowledge, definitions and information about the subscription business.
Klarna Overview
Klarna - what do you really need to know? It all started in 2005 when founders Sebastian Siemiatkowski, Niklas Adalberth…
Salesforce Subscription – becoming the leading CRM provider with the Sales Cloud
Profile: Company name: Salesforce.com Inc Industry: CRM Software, SaaS Formation: 1999 Founder: Marc Benioff Location: San Francisco, Kalifornien, USA Number…
Acquirer
What is an Acquirer An acquirer, which can also be called an acquiring bank, is the bank that acts as…
Proration Meaning
What is Proration? The word proration comes from the Latin "pro rata", which could also be translated as "rationing". Proration…
Payment processing
What does payment processing mean? The term payment processing generally refers to the transfer of a sum of money from…
Interbank system
What is an interbank system? The interbank system is a global network of financial institutions for trading currencies and other…
Giropay Overview
Definition of Giropay Giropay is based on online banking with PIN and TAN and enables payment by online bank transfer.…
Online Payment Provider
What is an online payment provider? Among the payment providers there are also those that are also used directly by…
AfterPay Overview
How does purchasing with AfterPay work? AfterPay claims that 40 percent of all consumers prefer to order their goods on…
Credit and debit card payment
Worldwide, four major payment card organizations divide up the market for card payments. Mastercard, Visa, American Express and Diners are…
SEPA direct debit scheme
What is SEPA direct debit scheme? The SEPA direct debit scheme payment procedures at a glance: SEPA-transfer procedure SEPA basic…
Third Party Billing
What is third-party billing? Third-party billing is a form of billing in which an intermediary or third party provider, such…
Mastercard Overview
What is the difference between MasterCard and Visa? Basically, MasterCard is not a card issuer; in Germany, this is always…
American Express Overview
What is the difference between American Express and other credit cards? The biggest difference between an American Express card and…
Purchase on account
How does the purchase on account work? The functionality of purchase on account is as simple as it sounds. In…
Opayo | Sage Pay Overview
What is Opayo | Sage Pay? Logo Opayo | Sage Pay Opayo is the new name for Sage Pay. The…
Pre-Authorization
What is a pre-authorization? Credit card pre-authorization, or authorization hold or pre-auth for short, is an important and useful method…
Order to cash (O2C)
What is Order to Cash? Literally, "order to cash" means "from order to payment". This includes all processes in order…
Internet Payment System
What is an Internet Payment System The online payment platform allows a vendor to accept payments over the Web or…
Quote to Cash (QTC or Q2C)
A sales negotiation consists of several phases, such as: Quote configuration, development of the appropriate price, proposal preparation, negotiation with…
Payment Gateway overview
Payment Gateway - what is this? A payment gateway is a technology that captures payment data from the customer and…
Pay as you go
What is "Pay as you go"? Basically, "pay as you go" is about allowing a person or a company not…
Chargeback
Definition “Chargeback” The term chargeback refers to the cancellation of a purchase made in a digital business using a credit…
Rebill Overview
What is Rebill? To better understand the term rebill, it is necessary to understand what a recurring bill is. When…
Mobile Payment
Definition Mobile Payment Transactions also include subscriptions to services or the purchase of products made online via a smartphone or…