/
Browse
/
Courses
/
Detailing Digital Payments Collaboration
/
Introducing the SAP Digital Payments Add-on
Introducing the SAP Digital Payments Add-on
Describing the functionality and capabilities of the SAP digital payments add-on
33 min
Applying the Digital Payments Features for Account Receivables
49 min
Quiz
Reviewing Business Scenarios with SAP Digital Payments
Using Digital Payments in an Integrated Scenario
31 min
Reviewing Additional Scenarios
21 min
Quiz
Introducing the SAP Digital Payments Add-on
Describing the functionality and capabilities of the SAP digital payments add-on
33 min
Applying the Digital Payments Features for Account Receivables
49 min
Quiz
Reviewing Business Scenarios with SAP Digital Payments
Using Digital Payments in an Integrated Scenario
31 min
Reviewing Additional Scenarios
21 min
Quiz
Knowledge quiz
It's time to put what you've learned to the test, get 3 right to pass this unit.
1.
SAP digital payment advice captures information on the processed transactions at the PSP. This information is crucial for ensuring that the details of each transaction are meticulously recorded and reconciled within the financial system. Which of the following statements about the integration and processing of SAP digital payment advice are correct?
There are two correct answers.
The advice information can be requested using the Digital Payments Advice report in SAP S/4HANA.
The Digital Payments Advice report should only be run at month-end to pull in the latest data from the PSP.
Charges associated with the credit card transactions are summarized and handled through a separate process.
The periodic General Ledger (G/L) automatic clearing report reconciles any remaining balances in the Cash clearing account.
2.
The SAP digital payments add-on is designed to comply with the Payment Card Industry Data Security Standard (PCI DSS). Which of the following statements regarding the handling of payment card data is true? Select all of the correct answers.
There are three correct answers.
Payment card numbers are stored and processed in the consumer application, including SAP S/4HANA, through digital payments.
Only PCI DSS-certified external partners, known as Payment Service Providers, are responsible for processing and storing the original card data.
The actual credit card number is replaced with a token by the Payment Service Provider for use within the SAP software.
In the SAP software, only the token is used for identification and it is the only information that is processed and stored.
Both the token and the original credit card number are used for identification and are processed within SAP.
3.
What are the main advantages of the SAP digital payments add-on?
There are two correct answers.
Lower pre-arranged fees with Payment Service Providers
Enhanced flexibility and scalability
Outsourcing of security and compliance to third parties
Centralized operation, maintenance, and support by SAP