Billing Industry Dictionary is a free tool to get technical definitions and lookup industry terms from more than 11,000 terms, acronyms, and definitions.
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Introduction to Telecom Billing Book
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Payment ProcessingPayment processing is the tasks and functions that are used to collect payments from the buyer of products and services. Payment systems may involve the use of money instruments, credit memos, coupons, or other form of compensation used to pay for one or more order invoices.
Bill Payment Options
This figure shows some of the different options available for bill payment. This example shows that customers can make cash payments to a company office of authorized agent, can send checks to the company, can pay via credit cards, via a 3rd party financial processor (e.g. paypal) or through electronic funds transfer (transfer fund). This example shows that payments on account are applied to specific invoices and when the invoices are paid in full, they are marked as pay and are not available for additional payments to be applied.
Telecom Billing Books
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Introduction to Telecom Billing Book
This book explains how companies bill for telephone and data services, information services, and non-communication products and services. Billing and customer care systems convert the bits and bytes of digital information within a network into the money that will be received by the service provide. $11.99 Printed, $9.99 eBook |
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Disclaimer: Billing Dictionary Tool is the trademarks of Althos. Althos is not affiliated with any other website and provides the information in this dictionary from content created by our expert writers. Althos provides our services on "as is" and "as available" basis and we do not provide any guarantees regarding this service's accuracy and/or availability.
