Wallet CONFIGURATION
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 OfferOffers are different variants of a product offered to the customer. Usually, the behavioral characteristics of the product remain the same, while the marketing attributes differ among offers. Details and GLGeneral Ledger is bank’s accounting records. The formal ledger contains all details of financial accounts with records of debits and offset credits. 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:
- Click the record. The Wallet Configuration screen appears.
Wallets Configuration
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. |
- Click
OR
Click Cancel to cancel the transaction. It redirects you to the previous Wallet Configuration screen.
or . - In the Overall Limit field, enter the appropriate amount of money.
- In the Cumulative Debit Limit field, enter the cumulative debit limit.
- In the Cumulative Credit Limit field, enter the cumulative credit limit.
- Click
OR
Click to cancel the transaction. It redirects you to the previous Wallet Configuration screen
. - The Review screen appears. Verify the details and click Confirm.
- The success message appears. Click to complete the transaction.