Smart Limits

In this article, you will learn to configure a smart limit to block any transactions that exceed the set amount or number of transactions.

When perpetrators gain access to cards and OTP or UPI details, they attempt to execute numerous transactions rapidly. Smart Limits offers a solution by allowing you to set restrictions per email or mobile number within a defined time frame, thereby mitigating sudden increases in fraudulent activities. You can create a smart limit to block any transactions that exceed the set:

Transaction Limit

Follow the instructions below to create a smart limit based on transactions:

  1. Log in to the Payment Gateway dashboard using your credentials.
  2. Click Riskshield > Smart Limits from the navigation pane on the left.
  3. From the Smart Limits screen, click + Create a Smart Limit.
  4. In the Create a Smart Limit popup, enter the following information:
    • Don't Allow - Use the radio button to choose Transactions.
    • More than - Enter the number of transactions allowed.
    • Customer Identifier - Use this dropdown menu to choose between card number, mobile number, UPI VPA, and email address.
    • Duration - Use this dropdown menu to choose a duration.
    • Where individual tnx amount is greater than - Enter a value to restrict an individual transaction greater than the specified value.
DurationMeaning
per HourIt looks at data for the past hour, with the window moving forward every hour to continuously analyse the most recent data.
per DayTill 11:59PM of the current day.
per WeekLast 6 days + till 11:59PM of the current day.
per MonthLast 29 days + till 11:59PM of the current day.
per 15 daysLast 14 days + till 11:59PM of the current day.
  1. The set values now create a smart limit that will not allow to exceed transactions. Click Add Now.
Transactions

Transactions


Amount Limit

Follow the instructions below to create a smart limit based on the total amount allowed:

  1. From the Smart Limits screen, click + Create a Smart Limit.
  2. In the Create popup, enter the following information:
    • Don't Allow - Use the radio button to choose Amount (GMV).
    • More than - Enter the total amount allowed.
    • Customer Identifier - Use this dropdown menu to choose between mobile number and email address.
    • Duration - Use this dropdown menu to choose a duration. Refer to the table above to view what the different durations mean.
    • Where individual tnx amount is greater than - Enter a value to restrict an individual transaction greater than the specified value.
  3. The set values now create a smart limit that will not allow to exceed the amount. Click Add Now.
Amount (GMV)

Amount (GMV)



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