Account Balance Management

1. Account Balance Inquiry

The current account balance can be viewed by going to the PayerMax Merchant Platform [Account Management] - [Account Balance] menu. The amount of each account is converted to USD according to PayerMax exchange rate. Note: 1. The account balance is only for reference and is not used as a basis for settlement; 2. The balance of USD units in non-USD currency accounts is for display purposes only.

2. Financial Early Warning Function

Merchants can use the [Funds Alert] function to prevent payment operations from being affected due to untimely replenishment. Go to [Account] - [Account Information] - [Fund Operation] - [Amount Alerts] in the merchant platform to configure the balance alert rules. PayerMax will send an email notification when your account balance is less than or equal to the warning value. Regarding the [Fund Alert], the alert amount only includes the available balance, and the alert is for each currency account amount, not for the total account balance.

3. Introduction to Account Types of Revenue Expense Details

The merchant's revenue and expenditure details (path: MMC Account Management Revenue and Expenditure Details) involve fund changes in the following three accounts: pending settlement account, collection balance account, and payment balance account.

Account to be settled: Amount of collection transaction after deducting handling fees and taxes. Settlement can only be made after the settlement cycle has been completed (corresponding to the merchant pending settlement account in the underlying logic)
Collection balance account: The fund transferred from the account to be settled to the collection balance account after the settlement cycle has expired (corresponding to the underlying logic of the deposit balance account)
Payment balance account: Funds obtained from merchant recharging or collection recharging

3.1.Collection transaction fund flow path (underlying bookkeeping logic)

The transaction completion pending settlement account is a Payermax internal account that is only used for Payermax internal bookkeeping. -After the transaction is completed: Funds entering the merchant's pending settlement account (transaction currency) -------- (increase in the balance of the merchant's pending settlement account) -Upon arrival of the settlement cycle: Fund transfer from pending settlement account to payment balance account (transaction currency) - - - - (equivalent increase or decrease in merchant pending settlement account and payment balance account balances) -After the merchant confirms the settlement currency: Deposit balance account (transaction account) - Confirm settlement currency - Deposit balance account (settlement currency) - - (Increase/decrease between transaction and settlement currency of merchant's receipt balance account) -After applying for payment: Settlement of funds from the posted balance account (settlement currency) - - - - - (decrease in the balance of the merchant's collection balance account) -After the transaction is completed: Funds entering the merchant's pending settlement account (transaction currency) -------- (increase in the balance of the merchant's pending settlement account) -Upon arrival of the settlement cycle: Fund transfer from pending settlement account to payment balance account (transaction currency) - - - - (equivalent increase or decrease in merchant pending settlement account and payment balance account balances) -After the merchant confirms the settlement currency: Deposit balance account (transaction account) - Confirm settlement currency - Deposit balance account (settlement currency) - - (Increase/decrease between transaction and settlement currency of merchant's receipt balance account) -After applying for payment: Settlement of funds from the posted balance account (settlement currency) - - - - - (decrease in the balance of the merchant's collection balance account)

4. Account balance statistics logic

The relationship between the amount displayed on the account balance page and the merchant revenue and expenditure details for each account type is as follows:

• Total Funds = Acquiring Amount + Issuing Amount
• Acquiring Amount
• Total Funds = Acquiring Amounts + Dispatching Amounts Acquiring Amounts
• Amount to be settled = Account to be settled + Balance to be received account
• Margin Account
• Freeze the amount of description: for your frozen account amount, frozen generally because the user refuses to pay or complaints. Settlement out of the process of freezing the amount of business is not included

5. Multi-currency Amount Arrival Logic

PayerMax currently only accepts USD on arrival. After receiving the amount calculated in USD, PayerMax will convert it to the target currency at the contracted exchange rate to top up your available balance account. PayerMax will refer to our exchange rate system for all types of exchange operations, please consult your Business Manager for details.

6. Pending Settlement Amount and Settlement Statement Amount

• [Amount to be settled] is the amount to be settled for your receiving transaction, and it displays the real-time amount of each currency at the time of query on the page. Note: USD unit balances for non-USD currency accounts are for display purposes only.
• The settlement statement amount is the dollar denominated amount at the time of actual settlement with you. The amount to be settled in each currency that meets the settlement conditions (reaching the settlement cycle, starting amount, and working day) is converted into US dollars according to the exchange rate agreed in the contract and reflected in the settlement statement. To sum up, the display of the amount of "Amount to be settled" can only be used as a reference to check the approximate balance, and cannot be used as the basis for settlement and reconciliation. If you need to reconcile funds for receiving transactions, please refer to the settlement statement. For more information, please consult your business manager.

7. Account Top-up

Two methods:

• Enter the "Account Management" - "Account Recharge" channel of the merchant platform, and follow the prompts to recharge the account. See:账户充值

• The account can be recharged through the settlement fund recharging operation. See 【结算服务】