Generating Payment Tokens
Before you can start initiating and processing payments, you must generate payment tokens that the payment processor will use. This is a one-time setup. This task can be handled by the Administrator.
Payment tokens are generated once for all subsidiaries in a multi-subsidiary setup at the NetSuite account level.
Prerequisites:
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Before you generate payment tokens, enable two-factor authentication (2FA) with one-time password (OTP). For information about setting 2FA, see Set up Your Preferences for Two-Factor Authentication (2FA)
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Users with AP Integration Manager role can generate tokens.
To generate payment tokens:
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Go to SuiteBanking > Setup > Payment Tokens.
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Enter your NetSuite password in the Password field.
Regeneration of Payment Tokens
Tokens do not expire. However, for security reasons, you should regenerate payment tokens every 24 months.
The payment audit trial indicates the user that has generated payment tokens.
If the user that has generated the payment tokens during the initial setup leaves the company, another user must regenerate the tokens.
To regenerate payment tokens:
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Go to SuiteBanking > Setup > Tokens.
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If tokens are already generated, a banner is displayed: The payment tokens have already been generated. To re-generate tokens please click here. Click on here to regenerate tokens.
Related Topics
- Setting Up Payment Automation
- Installing the Payment Automation SuiteApp
- Applying for an HSBC Online Account
- Auto-Funding
- Vendors
- Setting Up Vendor Payment Approval Routing
- Setting Up Batch Approval Routing
- Setting Up Two-Factor Authentication (2FA)
- Setting Up Roles and Permissions
- Setting up a Custom Role to Make Money Transfers
- Setting Default Department, Class, and Location Values
- Setting Email Preference
- Setting Default Bank Fees Account
- Frequently Asked Questions about Payment Automation