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3D Secure is a security protocol designed to add an additional layer of authentication for online credit and debit card transactions. It involves an extra step, such as a one-time password or biometric verification, to confirm the identity of the cardholder and reduce the risk of unauthorized transactions.
Accounts Payable are the amounts a company owes to its suppliers or vendors for goods and services purchased on credit. These are short-term liabilities.
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Accounts Payable Turnover: Accounts payable turnover is a financial ratio that measures how many times a company pays its average accounts payable balance in a specific period. It assesses the efficiency of managing trade credit.
Learn moreAccounts Receivable: Accounts receivable are amounts due to a company from its customers for goods or services sold on credit. These represent short-term assets.
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