AR Integration with Oracle Payments

When you create Remittance batch, Receivables creates funds capture process request and sends it to Payments, which completes the Authorization and Settlement steps
Payments communicates directly with 3rd party payment networks to authorize and reserve funds

High level steps to complete to process credit card payments in AR

1. Assign credit card receipt method and credit card instrument to the transactions that you want to pay by credit card
2. Run Automatic Receipts prog, which will create batch of receipts for selected transactions
3. Approve the batch of receipts and close the transaction
4.