April Release Notes- Miden Merchant Application

Optimisations and Enhancements 🎉

Eniola Athanson

Last Update 2 months ago

Exciting New Features (2.0 Beta Users only):

  1. Sleeker UI and Improved Navigation: Enjoy a fresh look and smoother navigation for an even better user experience! 🚀
  2. Account Login Notification: Stay in the loop! Receive notifications with IP addresses and locations upon account access (approval of browser location access required) for added security and peace of mind. 🔒
  3. Card Creation from NGN Wallet: Corporate card customers (Dashboard users only) can now create cards directly from their NGN wallet with ease, making transactions more efficient than ever. 💳
  4. Request Card Unblock from Dashboard: Unblock cards hassle-free! Initiate unblocking requests directly from your dashboard for swift resolution and minimal disruption. ⏩
  5. Access to Miden Knowledgebase: Need help? Access our knowledge base right from the dashboard for quick reference and assistance whenever you need it! 💡
  6. Ability to view and confirm card refunds from the dashboard: Conveniently review and confirm card refunds directly from your dashboard 💸

Platform Optimizations:

  1. Filter to Get Data: Find what you need faster! Users are now prompted to use the filter functionality first for quicker access to specific data sets. 🕵️
  2. End-of-Day Notification on Negative Balances: Stay on top of things! Designated administrators will receive end-of-day notifications listing potential negative balances for proactive management and timely resolution. ⏰

Other Fixes/Implementations: - Effective from the 11th of May, 2024.

Accounts:
  1. Static Virtual Account Usage Validation: Ensure optimal usage! After creating 100 accounts, static virtual accounts now require at least 80% usage validation, maximizing resource utilization. 💼
  2. Dynamic Virtual Account Recycling: Optimize resources! Unused dynamic virtual accounts are now recycled immediately after use, with unused accounts recycled within 24 hours for improved efficiency. 🔁

USD CARDS:
  1. Automated Cross-Border Pending Transactions: Never miss a beat! Pending cross-border transactions will be automatically executed if the card is funded before the end of each month. Manual intervention will be required if funding is not completed within the specified timeframe, ensuring seamless processing. 💸
  2. Negative Balance Impact on Available Balance: Keep track accurately! Cards with negative balances now directly affect the available balance.
  3. Reserved Balance: This is introduced to display cumulative negative balances. Once a card’s balance is regularized, the available balance will be positively adjusted. 💰


For any inquiries or assistance, reach out to our Miden support team, or raise a ticket here, We're here to help.


Best regards,

The Miden Team ⭐️

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