Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Business Feature / Process

Description

The Wallet of Commerce

  • An EMI-grade multi-currency wallet maintaining an open balance per currency and multiple commerce pool balances for a customer contact of a business

  • The multi-business wallet allows customers contacts to link their existing wallet to a new business they sign up for. Business still maintains full ownership and control of the business balances.

Wallet Journals

  • Debit or credit the wallet for the open balance or a commerce pool balance

Wallet Transactions

  • Topup (with auto and termed top-up rules)

  • Transfer with the request, approve and auto-approve

Wallet payment methods

  • Payment methods for the wallet Cash Pocket powered with the business payment gateways

  • Payment method for the wallet powered by the CRM.COM Payment gateway

Commerce Pool
  • by the CRM.COM Wallet Gateway, a global payment gateway.

  • Payment methods for Business and Commerce Pockets powered with the business payment gateways (local or global Payment Gateways).

Commerce Pools

Is a wallet balance with a set of conditions based on which and how/where awarded amounts can be redeemed and spent on a purchase (e.g. awarded amount of €5 can be spent at location A only, on any food list item purchased during weekdays, between 3 pm and 6 pm)?

Various awards in the commerce wallet can be subject to different redeeming conditions( offer setting).

Wallet identity

Maintains the
emails/phones used as identity in the businesses the wallet of the customer is linked to

A CRM.COM Wallet’s identity is the contact’s email or phone number and is used to uniquely identify the wallet so as the contact can link it when registering to businesses in CRM.COM platform.

Wallet periods

They are monthly, carrying forward aggregate open and commerce pool balances.

Wallet limits

Apply restrictions on transaction amounts and frequency based on the KYC profile.

Wallet fees

Applies fees on wallet transactions based on set rules

.