The Commission Management option lets distribution partners pay commission to their acquired distribution partners. The commission is based on transactions that their respective outlets or agents generate. For example, you can earn commissions on cash-in transactions. All commissions are paid in fixed intervals or on demand. The commission is calculated per transaction and is settled at daily or weekly intervals. You can also settle a commission immediately or on demand by clicking Settle Now. You can view the accrued commission amount and the last commission settlement.
Note: Commission Management is interconnected with the fee type configuration in the
Administration Portal Therefore, the commission fee types must be configured in the
Administration Portal before commissions are applied to transactions, and managed
and settled in the Distribution Partner Portal.
| Field | Description |
|---|---|
| Commission Share | Determines the amount of a commission an agent receives from children agents to pass onto his or her parent. |
| Commission Share own Transaction | Determines the amount of the agent commission to be passed onto the parent agent. If an agent has no parent, the commission remains with the agent. |
| Settlement Instrument | Determines the payment instrument used for commission payout. |
| Settlement Frequency | Determines how often automatic commission settlement payments are made. |