Wallet Accounts Management

The “Wallet” account (equivalent to a current account) used as a deposit account to trace all the debit or credit transactions for the customer. The "Rewarding" account called also savings account is used to deposit and mature interest as per daily accrued credits in the customer account. These accounts can be defined to specific customer types and currencies, allowing product specialization or market segments specific offerings. These account products can be classified as "supporting" or "operational" or can be a stand along product offering by setting specific conditions, transactions rules or intra accounts characteristics. 

 The Wallet Accounts can be also used as mirror instrument associated for example to the consumer (end customers) instruments such as MNO payment "electronic wallets", stored-value or supporting "digital currencies" to deliver cash-less programs.

 The wallets opening and transactions management may be delivered by means of one or some of the following channels:

§     Web application by end user transactions (financial organization backend user)

§     API web services (in/out) triggered by the external systems.

§     Data flows (in/out) provided or acquired using web services calls.

The following data sets are related to the Wallets Accounts and the related functions to manage them. The data sets are specialized or derived by the type of main classes as introduced in the figure below:

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