SCT10 - Closed-loop Operation

Self-contained financial ecosystem for specific use cases, enabling controlled internal transactions and custom payment instruments.

Overview

This capability enables your platform to operate a closed-loop financial ecosystem where transactions occur within a controlled network, ideal for loyalty programs, corporate ecosystems, or specialized marketplaces.

Features

Feature	Description
Internal Wallet System	Closed-loop wallet balances
Network Transactions	Internal peer-to-peer transfers
Custom Instruments	Branded payment instruments
Loyalty Integration	Points and rewards systems
Ecosystem Management	Control participant access

Use Cases

Use Case	Description
Corporate Ecosystem	Internal corporate payments and expenses
Marketplace	Buyer-seller transactions within platform
Loyalty Program	Points earning and redemption
Gift Cards	Closed-loop gift card systems
Campus/Venue	University or venue payment systems

Configuration Options

Level	Features	External Access
Basic	Simple closed-loop transactions	None
Standard	Full ecosystem with loyalty	Limited (load only)
Advanced	Hybrid closed/open loop	Full external connections

Closed-Loop Architecture

flowchart TD
    A[Load Funds] --> B[Closed-Loop Wallet]
    B --> C[Internal Transfer]
    B --> D[Merchant Payment]
    B --> E[Loyalty Redemption]
    
    C --> B
    D --> F[Merchant Wallet]
    E --> G[Points Account]
    
    subgraph Closed Network
        B
        C
        D
        E
        F
        G
    end

Wallet Types

Type	Purpose
Consumer Wallet	Individual user balances
Merchant Wallet	Business/merchant accounts
Float Wallet	System float management
Reward Wallet	Loyalty points and rewards

Integration Options

Hybrid Mode (Advanced)

Connect closed-loop ecosystem to external networks:

• Load from Bank: Fund closed-loop from external bank account
• Load from Card: Fund from external debit/credit card
• Cashout: Withdraw to external bank account

Integration with Other Capabilities

Capability	Integration
SCT01/02 - Distribution Channels	Customer/merchant interfaces
SCT05 - Subscription Management	Recurring value loads
SCT11 - Compliance	Internal transaction monitoring

Subscription Tier Availability

Tier	Configuration Level
Starter	Not included
Professional	Basic
Enterprise	Advanced
Custom	Configurable