The flow of credit in P2P transactions
Introduction of P2P framework
P2P essentially means Peer to Peer/ Person to Person. It’s the back-end system designed to support a direct interaction between the partners and the customers.
All transactions will be between 2 parties only:
- B3 to Partner
- Partner to Customer
Example:
| Action | Amount | Partner Balance (A) | Customer Balance - Liability (B) | Partner Usable credit = (A) - (B) |
|---|---|---|---|---|
| Partner open a B3 account | - | 0 | 0 | 0 |
| Partner top-up online to B3 | 2000 | 2000 | 0 | 2000 |
| Partner top-up offline to B3 | 4000 | 4000 | 0 | 6000 |
| Customer top-up offline to Partner | 200 | 6000 | 4000 | 5800 |
| Customer top-up online to Partner | 300 | 6000 | 500 | 5500 |
| Customer top-up online to B3 | 1000 | 7000 | 1500 | 5500 |
| Customer purchase a service (subscription, call, hardware, etc) | Cost 10 Price 50 | 6990 | 1450 | 5540 |
| Customer withdraw credit to B3 stripe | 500 | 6490 | 950 | 5540 |
| Customer withdraw via Cheque | 200 | 6490 | 750 | 5740 |
| Customer request refund to Point | Cost30 Price100 | 6520 | 850 | 5670 |