Overview

The Velocity Checking (VC) system is designed to alert the Merchant when a certain number of transactions of a certain type reached a specified threshold. Below shows the fields that appear when you want to create a new VC Rule:

VC Rules Lookup

VC Rule: This allows you to search for a specific Rule by ID or Rule Name.

VC Rule

Rule Identity

Rule Name (Optional): This gives you the option to give the new VC Rule a specific name. The default is automatically generated and can be changed.

Description (Optional): The description field can be used for further information (e.g. logging who created the check, etc).

 

Rule Type

Type:

Count of Transactions – This type of rule will count how many matching transactions are received within the given time-frame and will be triggered if the count exceeds the specified threshold.

Value of Transactions – This type of rule will total the amounts of all matching transactions received within the given time-frame and will be triggered if the total amount exceeds the specified threshold. The currency requirement can be set to limit the rule to a particular currency. If not limited then the minor monetary value is added regardless of currency so £10.00 + $10.00 would sum to 2000 monetary units.

Min. Value per Transaction – This type of rule will check the amount of each matching transaction and will be triggered if the total amount is lower than the specified threshold. No time-frame or transaction grouping will be used by this type of rule.

Max. Value per Transaction – This type of rule will check the amount of each matching transaction and will be triggered if the total amount is greater than the specified threshold. No time-frame or transaction grouping will be used by this type of rule.

Threshold (Required): The amount the VC Rule should be limited/set to. The threshold should be provided in minor monetary units (i.e. no decimal points) e.g. £10.00 = 1000

Time-frame (Required): The time-frame is the length of time which the rule is checked. E.g. 1 day or 2 hours. There is a minimum time of 5 minutes and a maximum of 31 days.

 

Rule Requirements

Merchant Account (Optional): This specifies the Merchant Account you wish to set the VC Rule up on. If <Any Merchant> is chosen, this will set the VC Rule up on all Merchant Accounts under the Customer account.

Transaction Currency (Optional): This specifies the currency requirement which allows you to limit the rule to a particular currency (e.g. GBP or EUR). If <Any Currency> is chosen, this will set the VC Rule for all currencies under the Merchant Account/s.

Transaction Purpose (Optional): This allows you to limit the VC Rules to a particular transaction type (e.g. SALE, REFUND or VERIFY). If <Any Purpose> is chosen, this will set the VC Rule for all transaction types being processed on the Merchant Account/s.

Transaction Outcome (Optional): This allows you to limit the VC Rules to a particular transaction state (e.g. ACCEPTED or DECLINED). If <Any Outcome> is chosen, this will set the VC Rule for all transaction states being returned on the Merchant Account/s.

 

Rule Transaction Grouping
Grouping Properties (Optional): This specifies the properties that are used to group the transactions.

Merchant – per Merchant Account
Currency – per Currency
Purpose – per Sale/Refund/Verify
Outcome – per Successful/Failed Transaction
Card Number – per Card Number
Client Address – per Customer IP Address
Email Address – per Customers Email Address

For example; to limit transactions on a per Card Number basis add the Card Number property to the grouping.

 

Rule Actions

Send E-mail (Optional): If the threshold is exceeded a notification e-mail will be sent to this address. Multiple e-mail addresses can be entered however they need to be comma separated.

Decline Transaction (Optional)*: If the threshold is exceeded a declined message will be returned to the Customer/you.

Once ‘Setup Rule’ has been clicked, the VC Rule will be activated and put in place.

 

* If ‘Decline Transaction’ is chosen an error message of ‘VCS Decline’ will be shown.