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PAYMENT & FRAUD May 2012sponsored by:an internet retailing special report2 INTRODUCTIONEditors comment Welcome to the latest in our series of Internet Retailing supplements, where this issue were
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Businesses that offer products or services and need to collect payments from customers.
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Billing & payment services refer to the process of invoicing customers for goods or services provided, as well as collecting payments from them.
Businesses or individuals who provide goods or services and receive payments from customers are required to file billing & payment services.
Billing & payment services can be filled out by recording all transactions, generating invoices, and tracking payments received.
The purpose of billing & payment services is to ensure that businesses receive timely payments for the goods or services they provide.
Billing & payment services must include details of the goods or services provided, the amount owed by the customer, and the payment received.
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