2 Overview
Maintenance for charge/tax applicable for payment transactions is a common subsystem for all payment types.
Features of Oracle Banking Payments Pricing
- Common Pricing subsystem for all payment types
- Support for Standard Pricing and rule-based pricing
- Support for Slab-based charges
- Support for tax on charges
- Support for defining separate charges for repaired transactions
- Support for defining charges / taxes by effective date against Source, customer, customer service model and customer account by effective date
- Support for charges / taxes for pre-funded / credit-to-GL payments
- Support for defining Special Pricing
- Support for External Pricing
- Support for Relationship Pricing