Translation of "centralized payment system" into Chinese

中央支付系统 is the translation of "centralized payment system" into Chinese.

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-Chinese dictionary

  • 中央支付系统

    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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