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Need Additional Surcharge In Pin_installements Utility (Doc ID 2983575.1)

Last updated on NOVEMBER 02, 2023

Applies to:

Oracle Communications Billing and Revenue Management - Version and later
Information in this document applies to any platform.


On : version,

OOB /bill amount or Due Amount is consider for the installments calculation.

There is a requirement to add levy surcharge (One time conversion fee + Interest) amount which is applied by the banks during converted into installments (6 Installments).
For Example:
While converting Credit Card due into monthly installemnt, the bank charge "One time conversion fee + Interest".
Due Amount $100 into 10 equal installments = $10 per installments
Surcharge : $25 (One time) + 10% on $100 = $25+$10+$100
Total due in Installment = $135

As we see above, Levy charges are not part of bill here however customer would like to add these charges if end user opt for Payment installment so customer would like to understand if during payment installment creation if BRM can support to add these charges and add them into installment amount?

NOTE: This is typical case of converting large Credit card transaction into EMIs where bank charge additional fee, this fee was not part of the earlier statement and will be created if customer opt for installment plan.


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