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

SAP Term: store card

• Component: FS-AM-CM-CA

• Component Name: Card

• Description: used in retail for a payment transaction via chip cards such as EC card with a cash card chip. When a customer makes a payment, an amount transfer is triggered from the customer card to the card reader contained in the store card by way of a log. The data record is then presented at the store's risk office to check the correctness of the payment transaction. According to German financial laws, once a correct payment operation has been completed, meaning once the data from the chip of the customer's cash card is transferred to the store card, the amount of the sales transaction is guaranteed to the trader by the card-issuing bank.

Smart SAP Assistant

• Key Concepts: 
  Store card is a component of SAP FS-AM-CM-CA Card Management. It is a tool used to manage and track store cards, which are prepaid cards that can be used to purchase goods and services from a specific store or group of stores. Store cards are typically issued by banks or other financial institutions and can be used in place of cash or credit cards. 
  
  How to use it: 
  Store card can be used to manage store cards within the SAP system. It allows users to view and track store card balances, view transaction history, and set up automatic payments. It also allows users to set up alerts for when a store card balance reaches a certain threshold. 
  
  Tips & Tricks: 
  When setting up store cards in the SAP system, it is important to ensure that all information is accurate and up-to-date. This includes the cardholder’s name, address, and contact information. Additionally, it is important to keep track of any changes in the store card’s terms and conditions, such as fees or interest rates. 
  
  Related Information: 
  Store card is part of the SAP FS-AM-CM-CA Card Management suite of tools. Other components of this suite include Credit Card Management, Debit Card Management, and Prepaid Card Management. These tools can be used together to manage all types of payment cards within the SAP system.