Deposits

Allow deposit without compliance approval?

This setting allows up to maximum amount customers are allowed to deposit without compliance approval.

Once selected, you will be prompted to insert the max combined deposit amount without the customer being approved by compliance.

Once the limitation has been surpassed, the customer will not be able to make any additional deposits until such a time that compliance has approved the customer’s account.

Allow Parked Deposits

This setting will allow parked deposits. Parked deposits is a smart feature that helps the company work according to legislation which says you are not allowed to perform business relationship without compliance.

If selected, it simply collects the client payment details and waits for him to finish compliance before it sends it to the payment service provider.

Once compliance is approved a window will popup on the compliance screen asking to approve funding of the account- this can only happen when the customer’s compliance status has been marked as Approved.

If a customer has a parked deposit, it will be shown as an alert on the top of the profile section of the customer’s profile. If a client inserted a second and a third deposit prior to the approval it will be added to the amount and will display several popups one after the other respectively.

If a customer has a parked deposit, it will be shown as an alert on the top of the profile section of the customer’s profile as well as on the Crossings Profile Deposit Method’s Widget.

Leave a Reply

Your email address will not be published. Required fields are marked *