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Learn how Wallet Transactions can be created |
What does this section covers?
What are Wallet Transactions?
Wallet transactions are a set of transactions which can be applied on wallets in order to credit, debit or reimburse the wallet. Wallet transactions consist of information related with the amount of money that is submitted through that wallet transaction, and references of the processes or data that have generated that amount.
- Wallet Credit Transaction
- Wallet Debit Transaction
- Wallet Reimburse Transaction
- Wallet Void Transaction
Wallet transactions can be created manually or automatically. Manual transactions can be created via the Wallet Transactions page, or automatically via rules defined in the Wallet Definitions.
Visit the following 2 links to find out about both manual and automatic created transactions
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Types of Wallet Transactions
The different Transaction Types can be created based on your business needs, however they can only belong in one of the following 4 classifications.
Wallet Credit Transaction
A wallet credit transaction wallet transaction is a type of wallet transaction which is used to credit (i.e. add an amount of money) the wallet. If the credit amount should be consumed by a specific entity (i.e. specific product) then the entity and entity value (maximum amount to be consumed by specified product) can be specified on the credit transaction, as allotment entity. This will result to restrict that amount of money, to be consumed only by that entity
If the Credit Transaction is to be created automatically then this will be defined in the Wallet Definitions - Crediting Causes
Wallet Debit Transaction
A wallet debit transaction wallet transaction is a type of wallet transaction which is used to debit (i.e. deduct an amount of money) from the wallet. The entity (i.e. specific product) and entity value (amount consumed by the specific product) can be optionally specified, in order to be validated against any allotment amount and therefore use that allotment amount
If the Debit Transaction is to be created automatically then this will be defined in the Wallet Definitions - Debiting Causes
Wallet Reimburse Transaction
A wallet reimburse transaction wallet transaction is a type of wallet transaction which is used to debit (i.e. deduct an amount of money) the wallet, in order to pay back an amount of money, or to use that amount in any other processes (for example to convert the wallet remaining amount into a credit financial transaction which will be allocated against the Financial Account belonging to the wallet holder, which can either be paid back to the customer or not)
If the Reimburse Transaction is to be created automatically then this will be defined in the Wallet Definitions - Reimburse Causes
Wallet Void Transaction
A wallet void transaction wallet transaction is a type of wallet transaction which is used to cancel (reverse) a wallet transaction of any type (credit, debit, reimburse) and make it non-visible to the wallet holder. A wallet void transaction is always related to the wallet transaction that it voids.
If the Reimburse Void Transaction is to be created automatically then this will be defined in the Wallet Definitions - Void Causes