Acer AEB was the first to introduce credit card payment...
Application areas:
Acer AEB was the first to introduce credit card payment capabilities into supply chain cash flow operations, allowing upstream and downstream vendors in supply chains to quickly and securely move cash in and out after completing ordering transactions. The solution uses purchasing cards provided specifically to upstream suppliers and downstream purchasers, along with card-issuing banks and acquiring banks working in existing credit card operations systems to provide buyers and sellers with cash flow services for purchases. The purchasing cards may be issued to corporations—with the card holder being the corporation—or, if necessary, to an individual. In this scenario, the card-issuing bank can provide an advance on the purchase amount, and, thanks to the acquiring bank's payment guarantee and fast charging, the supplier who accepts a purchasing card can reduce accounts receivable and collections costs.
Solution architecture:
eSupplier Hub features and services:
• Full web interface allowing easy-to-use, real-time online authorization, checkout and querying functions • Provides both API system integration and PayPage interfacing to work with supply chains that have different order processing methods • Offers business model consulting and planning services • Provides system interfacing services for the bank side and the supply chain side • System flexibility to address supply chain needs For more information: Email: vivian.chang@aceraeb.com
