System Configuration

Exchange Rate
The Exchange Rate option lets you to configure exchange rates between all currencies setup in the system. The available currencies are setup during system installation. The exchange rates you set up provide a default rate when a transaction is entered. In addition to setting up exchange rates, you can also view the previous exchange rates used. For example, if you change the USD to EUR exchange rate, you see the old exchange rate in the exchange rate history search results.
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.
Limits
Limits refer to financial limits that are evaluated during transaction processing. During the transaction initialization, the limits of the payer and payee are checked individually.
Privileges
Use the Privileges option to define the required privileges for dual approval configurations. For example, use the Create Customers option to create a new customer approval configuration (customer type). Therefore, you can configure maker/checker privileges for registration, depending on the customer type that is being registered.
Global Configuration
The Global Configuration option displays the current configuration settings for the organizational unit, customer type , and risk category. Adding a configuration setting is performed during the initial setup of Money Mobiliser. Therefore, you cannot add additional configuration settings; you can only edit an existing configuration.
Dual Approval
Configure dual approval during the initial system setup; however, you can change or add a new configuration at any time. Dual approval is a global system-level configuration; therefore, the effect of changing the configuration applies to the various dual approval processes such as customer registration, wallet entries, and transactions. Use the Find Pending Approval option to see any pending tasks associated with the dual approval configuration.
Restrictions and Restriction Groups
Use the Restrictions option to configure rules that restrict transaction processing for a payer or payee, based on the transaction history. Therefore, restrictions first determine whether a restriction applies to the current transaction, then accumulates historical transaction data and checks the historical transaction data for restriction violations.
Service Packages and Terms and Conditions
Service packages are a way to enable or disable features for a specific type or class of customer. Customers can inherit roles and privileges through service packages as well as through customer type and risk category. A service package is valid for an organizational unit and customer type, which provides control over which customer types can make use of service packages. Service packages are assigned when a consumer is registered, self-assignment in the portal, or through a call center agent. Each service package can be assigned multiple times to a single customer if supported by the service package.
Credential Policies
Credential policies define the rules for how a credential must be composed, such as the minimum and maximum length of a password or PIN. The credential policies also define the number of times a credential can be used, the number of allowed authentication failures, and the time range during which the credential is valid. You can add new policies, and edit and remove existing policies.
Interest Configuration
Interest Configuration is used to apply interest to balances on stored value accounts, which is similar to how interest is calculated to balances on regular bank accounts. Interest is calculated for each SVA based on the balance at the end of every calculation period. Various interest schemes can be configured and grouped into products; products can be mapped to an SVA based on the organizational unit, customer type, and payment instrument type.
GL Account Tree
The GL Account Tree allows you to replicate the GL Account structure of the enterprise in the Mobiliser Platform.