Today, BHMI launched the third video in a new Concourse EXPLAINED animated video series. This video explains how Concourse – Fees & Commissions makes it easy for companies to configure and modify any type of fee, commission, or pricing structure for electronic payment transactions. This includes interchange fees, gateway fees, processing fees, service fees, recurring fees, commissions, and much more.
By leveraging the continuous processing architecture and configurable rules engine in Concourse – Fees & Commissions, companies can:
- Automatically load data from all transaction sources
- Configure any type of fee and commission
- Leverage any transaction data element in calculations
- Honor unique terms within each client contract
- Support an unlimited number of business relationships
- Establish unique billing periods for each client
- Easily update or modify rate structures
- Initiate trial runs to analyze impacts of future fee schedules
- View real-time transaction and fee activity
- Provide online summaries to clients
Watch Concourse – Fees & Commissions Video
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Learn More About the Concourse Financial Software Suite