Translation of "centralized payment system" into Estonian

tsentraliseeritud maksesüsteem is the translation of "centralized payment system" into Estonian.

centralized payment system

A payment processing system in which one company in an organization manages the incoming and outgoing payments between other companies in the same organization. The other companies still own the invoices. During the settlement process, applicable ""due to"" and ""due from"" transactions are generated.

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English-Estonian dictionary

  • tsentraliseeritud maksesüsteem

    A payment processing system in which one company in an organization manages the incoming and outgoing payments between other companies in the same organization. The other companies still own the invoices. During the settlement process, applicable ""due to"" and ""due from"" transactions are generated.

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