Search Elements:
- Taxonomy
- us-gaap
- Name
- ReceivablesCreditCardThirdPartyIntermediariesArrangementsDescription
- Label
- Receivables, Credit Card, Third-Party Intermediaries, Arrangements, Description
- Period Type
- duration
- Type
- xbrli:stringItemType
- Definition
- This element represents a description of arrangements with third-party service providers with which the entity processes or transacts credit card sales. The arrangement terms described may (without limitation) include which party has the credit risk for the transactions; the date or period of expiration for the arrangement; if the entity may purchase any outstanding receivables held by the service provider at the end of the term; if the third-party service provider qualifies as a variable interest entity for consolidation purposes; the rate charged the entity by the third-party service provider; where the receivables due from the third-party service provider are included in the statement of financial position and where in the statement of income the charges to the entity by the third-party administrator are included; and the settlement period for collection from the third-party service provider for the subject credit card sales.