How to reach here:
Using this option, bank administrator can create and maintain wallet products that are made available for the business users. When a business user applies for a wallet product and the application is processed successfully, a wallet account will be created for the user.
The Offer Details and GL Details are configured at day 0. You can only edit the Limit Details.
How to reach here:
Wallet Administration Dashboard > Configuration
Wallets Configuration
To configure the wallet product:
Wallets Configuration
Field Description
|
Field Name |
Description |
|---|---|
|
Offer Details |
|
|
Offer Code |
The unique code/ Id mapped to the wallet product. |
|
Offer Name |
Name of the product mapped. |
|
Currency |
Local currency applicable for the wallet product. |
|
Limit Details |
|
|
Overall Limit |
The total amount of money which a user will be allowed to keep in his wallet. |
|
Cumulative Debit Limit(per day) |
The limit will be considered as daily cumulative limit. |
|
Cumulative Credit Limit(per day) |
The limit will be considered as daily cumulative Limit. |
|
GL |
|
|
Wallet GL Code |
The GL code to be mapped to the product. |
|
Intermediary GL Code (Receive funds) |
The intermediary GL code to receive funds in wallet. |
|
Intermediary GL Code (Transfer funds) |
The intermediary GL code to transfer funds from wallet. |
|
Node GL Code (Liability) |
The GL account in which all credit balances of wallet account associated with the product are consolidated. |
|
Node GL Code (Asset) |
The GL account in which all debit balances of wallet accounts associated with the product are consolidated. |
.