Limits/Control

Limits and Control is a functionality provided by the Lotus platform that allows the user to accept transactions under certain conditions, which may be applicable to the platform itself, co-applicant, affiliate, group of cards (which can be by range of BIN or BIN) or finally to a specific card. For example, if a given customer can limit card transactions to be used only in restaurants located within the country.

Platform users can apply any type of control at any level to which they have access, this is done through restAPI (opens in a new tab) immediately, so that the next authorization transaction is processed with the previously modified rules.

List of Rules

Each rule defines conditions based on several parameters, such as:

• Authorized amount: Daily, weekly, or monthly limits on authorized amounts.
• MCC (Merchant Category Code): Rules can be created based on MCCs, allowing configuration of transaction limits per specific merchant categories.
• Entry mode: Rules can be defined for specific entry modes (e.g., swipe, chip, contactless).
• Business Scope: Rules can be filtered to apply on Domestic, International transactions or both.
• For MCC or entry mode-based rules, the system supports the definition of:
  1. Maximum allowed amount per transaction.
  2. A specific time frame during which the rule is enforced.
  3. These rules ensure fine-grained control over transaction authorization, enhancing security and flexibility in transaction management.

Rules Hierarchy

Rules can be defined at different levels, the lower the rule value the higher its priority. The Lotus platform has processor level up to PAN level. If any condition is not met, the transaction will be denied.