Re:Building Payments for an Insurance Startup
by conductr on Wednesday July 31, 2019 @11:44PM
(#20580923)
They can’t bill that way though and this is a monetary transfer api
Just like how the complex algorithm of determining insurance rates is likely to yield a long decimal, it has to be rounded to translate to a currency. Heck even things like sales tax being a % requires a rounding calc to be done on majority of transactions before the monetary units are tallied for the “total”
Just like how the complex algorithm of determining insurance rates is likely to yield a long decimal, it has to be rounded to translate to a currency. Heck even things like sales tax being a % requires a rounding calc to be done on majority of transactions before the monetary units are tallied for the “total”