iReveivables Question regarding profile option OIR:Save Payment Instrument Information
Hi,
i would like to know if we set the profile option OIR:Save Payment Instrument Information to 'No', does that mean that Oracle would not store the credit card information in any of the database tables. It would simply pass the information (encrypted) to the Payments APIs and subsequently to external payment processor APIs.
The reason why I am asking this is there are many clients who do not want to take the risk of storing customer credit card information into their systems (even though it is stored encrypted). Is the above option is set to 'No', system would never store any credit card information. Please confirm.