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Funding prepaid subscriptions
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A wallet is automatically created when a prepaid subscription is registered. The wallet is associated with the subscription and used to pay its expenses. Wallet transactions credit and debit the wallet. Funds are deducted from the wallet based on the subscription service rates.
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Debiting and crediting the wallet
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Wallet transactions debit or credit the wallet of the subscriber.
- Debit wallet transactions are created when the subscription is billed.
- Credit wallet transactions are created when the wallet receives a payment.
In CRM.COM, a wallet can be credited with cash, direct debit cards, online credit card payments or vouchers (pre-paid cards that can be used to top up an account).
It is possible to safeguard against service interruption by automatically topping up the wallet. The wallet can be funded from an online payment system (such as credit card or PayPal) when its balance falls below a predetermined threshold.
Recommended Reading
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