Configure Bank Account for Credit Card Payments

To establish a payment type of credit card, use the

Maintain Payment Types

task.

Create a standard bank account.

Create a payment integration with CyberSource.

If you want to settle a customer invoice in Workday through a credit card, you must use a payment integration. You would need to first configure your bank account with the integration to receive credit card payments. Then, map the bank account to the Merchant Account.

Example: You use Chase bank for your transactions and you've a payment integration with Cybersource. Then, configure your bank account with Cybersource and map Chase bank to the Merchant Account to receive credit card payments from your customer.

You can also enable the bank account to receive payment acknowledgment messages. The acknowledgements help you can check payment status and handle rejected payments.

Access the

Edit Bank Account

task.

At the

Bank Account

prompt, select the bank account that receives credit card payments.

In the

Account Information

section, select an

Allowed Payment Type

of Credit Card
.

On the

Settlement Setup

tab, add a row to the grid.

At the

Payment Type

prompt, select Credit Card
.

(Optional) To restrict credit card payments to specific payment categories or countries, select one or more values at the

Payment Category

and

Country

prompts.

At the

Integration System

prompt, select the integration to CyberSource that you created for payment processing.

(Optional) Specify the

Maximum Payments per Group

and the

Cut Off Time

The

Cut Off Time

field is informational only; Workday doesn’t use this field value.

To indicate that the bank account can receive payment status messages for credit card payments, select the

Receives Acknowledgment

check box.

Establish a merchant account and assign this bank account to the merchant account for payment deposits.