Project Configuration

Project-level configurations apply to all Products created within the Core. The parameters to be defined are the following:

Name – The desired name for the Project, which can also be understood as the issuer's name. Example: XYZ Bank – Mexico

Description – A brief description of the Project. Example: Credit Card Core for the launch of XYZ Bank.

Country – Two-character uppercase country code. Example: MX

Decimal Places – The number of decimal places to be considered in all numerical information responses. Example: 2

Decimal Round Method – Option to round numerical values based on the configured decimal places, either rounding up or down. Example: Rounding up to the nearest digit.

Config Payments – Defines the priority order of different components within a payment allocation when distributing payments. Example: For a minimum payment that consists of a monthly administration fee, regular interest, and principal, the priority can be set as follows:

First, cover regular interest.
Second, cover the monthly administration fee.
Third, cover the principal amount.

Use Business Days – If set to 'True,' projected payment due dates falling on holidays or Sundays will be shifted to the next business day. If set to 'False,' the maximum payment date will remain as originally scheduled, regardless of whether it falls on a holiday.

Charges on Open to Buy – Defines which charges or fees should be deducted from the available credit amount. Example: If an account has a credit line of $1,000 and a $5 monthly fee that is factored into the available balance, the customer would effectively have $995 available for use in the first month.

Limit Remaining Amount – Configures a maximum amount above the total outstanding debt that can be received as payment. If this value is not set or is set to $0, payments exceeding the total debt amount will not be accepted.

Days to Close Pending Authorizations – The number of days before rejecting authorizations that have not been confirmed by the processor. It is recommended to configure this value to match the number of days managed by the transaction processor.