Concourse–Fees & Commissions is a flexible, rules-based solution that allows financial service companies to quickly and easily configure and modify any type of fee, commission, or pricing structure for electronic payment transactions such as credit card, debit card, ATM, POS, and mobile transactions. This includes interchange fees, gateway fees, processing fees, service fees, recurring fees, commissions, and much more. The Concourse – Fees & Commissions module supports a wide range of pricing structures such as transaction-based, volume-based, percentage-based, threshold-based, flat, and tiered rate schedules.
- Calculate any type of fee or commission
- Leverage data from multiple transaction sources
- Assess one or many fees or commissions per transaction
- Implement a wide range of pricing structures
- Easily configure and modify rate structures via the user interface
- View real-time fee activity
- Initiate trial runs to see the impact of new rate schedules
- Establish unique fee schedules and billing cycles for clients
- Provide online fee summaries and billing statements to clients