Limits

Financial limits are evaluated during transaction processing. During transaction initialization, payer and payee limits are checked individually.

Agents can configure limits through limit sets, which are attached to customers, payment instruments, and wallets.

• Limit Sets
  The Limit Sets option lets agents link limit sets to consumers, payment instruments, and wallet entries. Agents can define a limit set in which there is a global spending limit for a consumer, for example, $300 per day, independent of the payment instrument being used. Defining limit sets for consumers complies with many banking regulations and reduces risk.
• Limit Classes
  Agents can use the Limit Class option to configure daily, weekly, or monthly limits, and total debits and credits. Agents can set limits on the number of transactions, on the total sum of transaction amounts, and they can configure a minimum and a maximum amount for a single transaction.