Frequently Asked Questions (FAQs)

What are the Limits in Falcon's Platform?
Limits are programmable controls that determine how much a user, card, or account can transact. They serve regulatory, operational, and risk management purposes.
Can I implement both individual and collective limits for a group of users?
Yes. Falcon supports hierarchical limit structures, enabling both per-user and aggregate caps at the enterprise or department level.
How are Account Limits different from Card Limits?
Account limits apply to the overall financial entity (e.g., business account), while card limits are scoped to individual-issued cards. Both can be for fine-grained control.
Can limits be changed dynamically via API?
Yes. Falcon provides APIs to programmatically view and update limit rules, making it suitable for real-time fintech operations.
What happens when a transaction exceeds a limit?
Falcon will automatically reject the transaction, and the event is logged with a status code indicating a limit breach.