Add processing codes and transaction types

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Differences from using API endpoints

When using Control Center, you can add a transaction type only together with one processing code. However, when creating a processing code using the API endpoints, you can map a processing code to multiple transaction types.

In addition, when creating a new transaction type, Control Center automatically creates a corresponding reversal processing code and transaction type, which is used to undo the operation. When using the API endpoints, if you provide the required fields only, the platform creates only the processing code for the operation.

To add processing codes and transaction types:

1. From the main menu, select Setup > Financial.
2. On the Financial setup screen, select Create.
3. On the Create processing code screen, select the type of balance impact for the transaction (Debit, Credit, or Zero balance).
4. Define the operation type of the processing code. (Normal is the default value. Hold funds is used when there is an operation to block/unblock or release/transfer funds.) For more information, refer to Hold funds.
5. Choose whether or not the operation should be validated against an acquirer external to the Pismo platform (Yes or No).
6. Enter a name and ID for the new processing code and its corresponding reversal and select Next.
7. (Optional) On the Create transaction type screen, define the attribute of the transaction type.

   Note: This option is available only if you selected Zero balance on the previous screen.

8. Choose whether or not the transaction type has a balance impact.
9. Enter a name and ID for the new transaction type and its corresponding reversal and select Next.
10. On the Transaction flow screen, select a key to define the link type:
    • Principal amount
    • Installment amount
    • Contract amount
    • Custom key (use any custom amount, such as fees, taxes, or other charge)

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For more information about this option, refer to Transaction flows.

13. Select Next.
14. On the Review screen, verify that the information you provided is correct and select Finish.