What is concession card in SAP IS-U-IN - Invoicing?

SAP Term: concession card

• Component: IS-U-IN

• Component Name: Invoicing

• Description: A piece of identification that entitles the holder to discounts on bills.

Smart SAP Assistant

• Key Concepts: 
  A concession card is a type of payment card used in SAP IS-U-IN Invoicing. It is a prepaid card that allows customers to pay for goods and services in advance. The card can be used to pay for utilities, such as electricity, gas, and water, as well as other services, such as telecommunications and transportation. 
  
  How to use it: 
  In SAP IS-U-IN Invoicing, the concession card can be used to pay for goods and services. The customer can purchase the card from a vendor or retailer and then use it to pay for the goods or services they need. The customer can also use the card to make payments online or over the phone. 
  
  Tips & Tricks: 
  When using a concession card, it is important to keep track of the balance on the card. This will help ensure that the customer does not exceed their budget when making payments. Additionally, it is important to check the expiration date on the card before making any purchases. 
  
  Related Information: 
  The concession card is similar to other payment cards, such as debit cards and credit cards. However, unlike these other payment cards, the concession card does not require a credit check or any other form of verification. Additionally, the concession card does not have any associated fees or interest rates.