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International card organizations (also credit card companies) provide payment cards for their customers. Among the best known are Mastercard, Visa, American Express, China Union Pay, Diners Club and JCB. The card organization charges the cardholder for the sum of all transaction amounts of a (often time-delayed) billing period and takes over the pre-financing.

The processing of incoming payments via girocard / ELV and collected forwarding to recipient banks in a single booking to credit the total amount to the account.

Advantages: Significant cost savings, especially with high transaction volumes and simplified accounting (as only reconciliation of the sum of all payments with the collective credit note is required).

A card transaction that is charged back to the merchant. Chargebacks are initiated by the card issuer on behalf of the cardholder. Typical disputes with cardholders are delivery failures or dissatisfaction with the product or service.

A transaction overview of the processing of incoming debit and credit card payments and collected forwarding to the recipient banks. The preparation takes place within the framework of the bank working day regulations according to national/regional specifications.

The term for corporate credit cards issued to larger companies, non-profit organisations or public authorities. In addition to the pure payment function, these cards often offer additional added value, such as participation in bonus programmes, extra air miles, etc.

A credit card is used to pay for goods and services and can usually be used worldwide and online. The classic credit card grants the cardholder credit. For each transaction, fees (disagio) of 3 to 5 percent are charged, which can vary depending on the industry, sales volume or credit card company. The total amount of all transactions is charged to the cardholder in a fixed billing period (usually one month) and communicated via detailed statement.

The unique identifier for organizations/institutions collecting payments through the SEPA Direct Debit Scheme to verify the correctness of the direct debit or to request chargebacks. It is issued by the Deutsche Bundesbank in coordination with the Deutsche Kreditwirtschaft (DK) or via the creditor's house bank.