The Limit Sets option lets you link limit sets to customers, payment instruments, and wallet entries. You can define a limit set in which there is a global spending limit for a customer, for example, $300 per day, which is independent of the payment instrument being used. Defining a limit set on a customer may comply with many banking regulations, and reduces risk.
In the Global Configuration option you can define the risk category per customer type. Risk categories are rules determines the role and limit set for a customer type. You can change the customer type upon customer registration. If no limit set is defined for a customer, the standard limit set defined for the customer's risk category is used. If no risk category is configured for the customer, the standard risk category from the customer's type is used. If the limit set from the risk category is empty, the limit set defined at the customer's organizational unit is used.
