New Payment Methods and Charging Features May 6, 2008
RemitONE today announced the availability of new features covering payment methods and charging. The RemitONE money transfer software system is now able to create payment methods, and control how they affect the delivery delay and fee.
For example a cheque payment method can be created that charges a percentage plus flat fee, and gives an automatic delay of a week for the cheque to clear. An approximate rate is given when creating the transaction, but the rate that is valid at the time of clearance is the one that is used so the transfer doesn’t lose out to exchange rate fluctuations.
Different fee and delay rules can be specified for each payment type, so credit cards could clear immediately, but incur a percentage fee.
The system calculates everything automatically so the operator doesn’t have to worry about calculations, and head office don’t need to remember separately about delayed transactions.
This is another feature in the ever-improving RemitONE system. For more information call +44 (0)20 8099 5795.
Related Posts
-
RemitONE Feature Focus Webinar: Securer Transactions, Anti-Fraud Tools & White-Label Mobile App
In this webinar, our speakers will unveil powerful tools to combat fraudulent onboarding, ensure secure transaction management on both Android…
November 30, 2023 -
RemitONE Winners of the CrossTech ‘White Label Provider’ of the Year Award at CrossTech World 2023 in Miami, USA!
RemitONE wins 'White Label Provider' of the Year Award at CrossTech 2023
November 30, 2023 -
We’re Attending Crosstech 2023 | 14-16 November 2023
Our excitement is building for the upcoming Crosstech event. We look forward to connect with potential partners and catch up with our valued clients. For those planning to attend the Crosstech event, we extend a warm invitation to schedule a meeting with the RemitONE team.
October 24, 2023 -
Innovation in Payments and Remittances (IPR) Awards 2023
2023 award winners of the Innovation in Payments and Remittances (IPR) Global event
October 23, 2023 -
RemitONE partners with GBG for global identity verification and AML compliance solutions
RemitONE is thrilled to announce its strategic partnership with GBG, a global expert in digital location, identity verification, and fraud prevention software. This collaboration empowers Money Transfer Organisations (MTOs) worldwide to effectively verify customer identities across the globe, maintain regulatory compliance, and streamline customer onboarding.
September 21, 2023 -
Trust Payments Partners With Innovation in Payments and Remittances (IPR)
We’re thrilled to announce that Trust Payments, a leading global payments company, will be a Platinum Sponsor for the upcoming…
August 24, 2023