Fees

Fees and commissions are calculated for payer and payee in a financial transaction per subtransaction. However, the processing of fees and commissions are different. Fees are applied and charged during transaction processing whereas commissions are collected and settled offline in batch mode.

• Fee Types
  Use the Fee Types option to configure applicable fee types for payer and payee. When fees are calculated for payer and payee in a financial transaction per subtransaction, Money Mobiliser determines the applicable fee types for payer and payee. Once the fee types are determined, the correct scale used for the customer (payer or payee) is found. The scales are connected to fee types through fee sets.
• Fee Type Use Case Configuration
  Use cases provide a set of requirements for processing financial transactions, such as merchant payments, bill payments, or commission settlements. A fee type use case configuration identifies the fee type based on organizational unit and payment instrument for both the payee and payer. A use case is linked to one or more fee types.
• Fee Sets
  Fee sets are incremental you can apply as many as three fee sets to single customers, customer types, or organizational units. For each fee type, the fee setting for customers has the highest priority, overwriting settings for individual fee types from fee sets coming from the customer’s type. Customer type, in turn, has precedence over the fee set defined in the organizational unit.