die Zahlungsabwicklung
Translation
payment processing, payment transaction, settlement
Examples
Die Zahlungsabwicklung dauert einige Tage.
The payment processing takes a few days.
Wir nutzen einen Dienstleister für die Zahlungsabwicklung.
We use a service provider for payment processing.
Grammar Patterns
to carry out/handle the ((sth.)) to carry out/handle the payment processing The company handles the entire payment processing.
Similar Words
Transaktion (transaction), Bezahlung (payment)
Etymology
From 'Zahlung' (payment) + 'Abwicklung' (processing, handling). 'Abwicklung' comes from the verb 'abwickeln' (to handle, to process).
Memory Tips
Think of 'winding up' or completing ('abwickeln') all the steps of a payment ('Zahlung').