Payment strategies

Payment Strategies are used to configure parameters that allow users to create Withdrawal or Deposit requests. Existing payment strategies are displayed in the table:

Creating payment strategy

The Add strategy button allows you to open a sidepage to create a new payment strategy. The sidepage contains several blocks to fill in:

In the upper block, the next fields should be filled:

Currency, which will be used by the user for depositing/withdrawing funds. Only one currency can be assigned to any payment strategy.

Strategy type - deposit or withdrawal.

Payment account ID, which will display the balance of the payment system. This field is used to configure the account on which the integration with the payment service provider is configured. Specifying the account in this field allows you to automate the processes of crediting and debiting funds using a specific Payment Strategy.

The Commission field sets a fixed commission that will be charged to the user when making a deposit or withdrawal with a specific asset.

The Commission percent field allows you to charge a percentage of the commission instead of a fixed value.

Please note! In some cases, in addition to the fixed commission, a dynamic commission is added, which depends on the payment system.

Commission TTL The maximum duration of the dynamic commission value received, after expiry of which the user will not be able to complete the Withdrawal request. The user will need to generate a new request in order to receive a new value of Amount dynamic commission.

Netting scale - allows you to set the number to which the commission will be rounded.

Rounding mode - a mode that is used to round commissions:

• Round ceiling - rounds towards a larger number. For example: 4,2 ➝ 5
• Round floor - rounds toward a smaller number. For example: 4,2 ➝ 4
• Round down - rounds down toward zero. For example: 4.9 ➝ 4
• Round up - rounds upward - rounds away from zero. For example: 4.1 ➝ 5
• Round half up - rounds to the nearest modulo integer larger than the original number. For example: -4.1 ➝ -4
• Round half down - rounds to the nearest modulo integer smaller than the original number. For example: -4.1 ➝ -5
• Round half even - for a number ending in .5, rounds to the nearest even number. For other numbers, the nearest integer to which the rounding is performed is selected.
• Round unnecessary - in this case the netting scale of the specific asset is applied.

When the Cover external fee checkbox is enabled, the withdrawal fee is charged to the broker instead of the client.

Payment system indicates through which payment systems the deposit/withdrawal of the currency for which the Payment strategy is created can be made.

Several payment systems are available in the platform:

• SEPA
• SWIFT
• CBRF

In the automation block, the withdrawal limit for one payment (Max amount) and the daily withdrawal limit (Max day amount) for some stages of payment processing could be specified:

For payment strategies that involve automatization by a payment provider, you should specify an account that is integrated with the Payment provider.

Automation supports the stages of Acceptance, Processing and Execution of the payment.

When any of the automation settings are enabled, the system automatically transfers the payment to the next status if the previous statuses have already been passed.

In the policies block, you can set the payment methods that will be available for the specified residencies and/or citizenships of user profiles:

To save changes and create a payment strategy, you must click the Create button.