Algorithm Types for Payment Cancellation System Event
Following algorithm types are available for the Payment Cancellation system event.
| Algorithm Type | Description | Detailed Description |
|---|---|---|
| C1-BNDPYCNCL | Binder Payment Cancellation Check Handler Algorithm | This algorithm checks whether the cancelled payment is binder payment or not by verifying the payment characteristics. For more information, see |
| C1-CDPPAYCAN | Continue Delinquency Process due to Cancelled Payments | This algorithm resumes the cancelled delinquency processes during the payment cancellations. For more information, see |
| C1-NOTADCAN | Notify Customer on Advance Deposit Cancelation | This algorithm creates a customer contact when an advance deposit payment is cancelled. For more information, see |
| C1-PXPTDCAL | Paid Through Date Calculation for Payment Cancellation | This algorithm will be responsible for calculating and stamping paid through date in Policy and Membership tables based on parameter specified. For more information, see |
| C1-RODPDUEPX | Reopen Delinquency Process due to Cancelled Payments | This algorithm checks for any Delinquency Process related to the FTs matched to the cancelled Payment. For more information, see |
| C1-VALMRPYCN | Validate Member Reconciliation Payment Cancellation | This algorithm transits reconciliation status which is in open/complete status to the pending cancellation status if related tender is cancelled. For more information, see |
| PYCN-EMPTY | An empty sample algorithm for payment cancellation | This is a payment cancellation algorithm, however it does not perform any logic. It exists simply as a sample algorithm available to implementers to use as a base for creating an actual payment cancellation algorithm. For more information, see |