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Credit linesA credit line is a payment method that provides the ability for a buyer to delay the payment settlement for all orders. The account holder is responsible for payment settlement on an outstanding balance on a credit line. If a credit line is used for payment, the seller debits the account for an order at the time of payment capture, and the account is credited during payment settlement.
Allowing a credit line as a method of payment is configured as part of business account management. Purchase order numbers may be specified when paying for orders with credit lines, but a buyer is not required to use the credit line payment method when specifying a purchase order number. A buyer who wants to use a credit line as a method of payment must be authorized to use a contract, and the contract terms and conditions must specify that credit lines are allowed. Credit lines can be removed any time after the account has been created. This is one way to stop the use of the credit line if an account becomes delinquent. |
 ibm.com/redbooks |