Commission Type

Third-party commission types are used to categorize commissions according to their intended usage. For example, there are third-party type commissions and third-party clawback type commissions.

IMPORTANT!  
You can add other third-party commission types if needed, just bear in mind that the business logic must also be implemented for your new third-party commission types.

To manage third-party commission types:

  1. In FintechOS Portal, click the main menu icon and expand the Distribution Management menu.

  2. Expand the Distribution Management Admin menu and click the Commission Type menu item to open the Commission Types List page.

On the Commission Types List page, you can create a new third-party commission type, search, edit, or delete an existing one. You can't delete commission types already used to define commissions.

Creating Third-Party Commission Types

Follow these steps to create new third-party commission type records:

  1. In the FintechOS Portal, click the Insert button on the top right side of the Commission Types List page. The TPM Commission Type page is displayed.

  2. Fill in the following fields from the Main Information section:

    • Commission Schema - Select the schema where this third-party commission type belongs.

    • Name - Enter the name of the third-party commission type.

  1. Click the Save and Close button. The new third-party commission type is created.

  2. Implement the business logic must also be implemented for your new commission types.