What is consumer application in SAP FIN-FSCM-DP-DP - Digital Payments?

SAP Term: consumer application

• Component: FIN-FSCM-DP-DP

• Component Name: Digital Payments

• Description: An application or server that sends business requests to the SAP digital payments add-on, for example SAP S/4HANA Cloud or an online store. The SAP digital payments add-on then forwards these requests to a non-SAP payment service provider PSP. The SAP digital payments add-on enables communication between the consumer application and the PSP.

Smart SAP Assistant

• Key Concepts: 
  Consumer application is a term used to describe a type of software that is designed to be used by consumers. It is typically used to refer to applications that are used for online shopping, banking, and other activities. In the case of SAP, consumer application refers to the FIN-FSCM-DP-DP Digital Payments component, which is a software solution that enables customers to make payments online. 
  
  How to use it: 
  The FIN-FSCM-DP-DP Digital Payments component can be used by customers to make payments online. It allows customers to securely enter their payment information and make payments quickly and easily. The component also provides customers with the ability to track their payments and view their payment history. 
  
  Tips & Tricks: 
  When using the FIN-FSCM-DP-DP Digital Payments component, it is important to ensure that all payment information is entered correctly and securely. Additionally, customers should always double check their payment information before submitting it. 
  
  Related Information: 
  The FIN-FSCM-DP-DP Digital Payments component is part of the SAP Financial Services Cloud suite of products. This suite of products provides customers with a comprehensive set of tools for managing their finances and making payments online. Additionally, the suite includes other components such as the SAP Cash Management and SAP Credit Management components.