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 > Distribution Management > Distribution Management Settings > Commission Types.

  2. 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. The 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.