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Billing & Payment

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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…

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