What is debit card in SAP FS-AM-CM-CA - Card?

SAP Term: debit card

• Component: FS-AM-CM-CA

• Component Name: Card

• Description: that debits the relevant card account immediately. The card account can also be the checking account, as is the case with EC cards, for example. The customer is not granted any credit.

Smart SAP Assistant

• Key Concepts: 
  A debit card is a payment card that allows customers to make payments directly from their bank account. It is linked to the customer’s bank account and can be used to make purchases or withdraw cash from ATMs. The debit card is issued by a financial institution and is accepted at most merchants. 
  
  How to use it: 
  In SAP, debit cards are managed through the FS-AM-CM-CA Card Management component. This component allows users to create, manage, and monitor debit cards. It also provides features such as card activation, card blocking, and card cancellation. 
  
  Tips & Tricks: 
  When using the FS-AM-CM-CA Card Management component, it is important to ensure that all debit cards are properly activated and blocked when necessary. Additionally, users should be aware of any fees associated with using the debit card. 
  
  Related Information: 
  For more information on debit cards in SAP, please refer to the SAP Help Portal or contact your local SAP representative.