Tiered prices

The Tuum system also allows the creation of tiered prices where the price in the card price list is calculated based on cumulative reference parameter value.

• Count-based tiers allow prices to be calculated depending on the cumulative number of transactions.

• Amount-based tiers allow prices to be calculated depending on the cumulative amount of transactions.

• Amount and count-based tiers allow prices to be calculated depending on the cumulative amount of transactions and cumulative count of transactions simultaneously.

We use tiered pricing as a synonym for setting prices in the tiers in the following explanations.

To take advantage of the tiered pricing capability in the card price lists you need to make the following two activities.

1. Create summing and/or counting groups for the particular transaction type for which you would like to apply the tiered prices.

2. Assign summing and/or counting groups to fee type in the price list.

Creating summing and counting groups is available only through the APIs. Please refer to the respective examples in the API cookbook.