What is debit card in SAP SD - Sales and Distribution?

SAP Term: debit card

• Component: SD

• Component Name: Sales and Distribution

• Description: A means of payment in the form of a plastic card that is used for cashless payments. The cardholder's bank account is debited immediately. Debit cards do not require authorization, but they can require a PIN or signature.

Smart SAP Assistant

• Key Concepts: 
  A debit card is a payment method used in SAP Sales and Distribution (SD) that allows customers to pay for goods and services with funds directly withdrawn from their bank account. It is a type of electronic payment system that is similar to a credit card, but instead of borrowing money from the issuer, the customer's bank account is debited for the amount of the purchase. 
  
  How to use it: 
  In SAP SD, debit cards can be used as a payment method when creating sales orders. When creating a sales order, the customer can select debit card as their payment method. The customer will then enter their debit card information, such as the card number, expiration date, and security code. Once the information is entered, the customer's bank account will be debited for the amount of the purchase. 
  
  Tips & Tricks: 
  When using debit cards as a payment method in SAP SD, it is important to ensure that all of the customer's information is entered correctly. This includes verifying that the card number, expiration date, and security code are all correct. Additionally, it is important to ensure that the customer has sufficient funds in their bank account to cover the purchase amount. 
  
  Related Information: 
  Debit cards are just one of many payment methods available in SAP SD. Other payment methods include credit cards, cash, checks, and bank transfers. Additionally, SAP SD also offers various payment terms such as net 30 days or cash on delivery.