Price Reject Model – Leads

Price Reject Model Instructions:

To utilize the price reject model, the aggregator should follow these steps:

  1. Initial Lead Submission:
    • The aggregator must include the requested price for the lead in the <price> element of the lead submission.
  2. Price Rejection Response:
    • If IntroXL rejects the lead due to the submitted price being too high, the response will include a suggested maximum price in the <bid> element.
  3. Resubmission Logic:
    • The aggregator can resubmit the same lead using the bid price returned in the <bid> element, or any price that is at or below the bid price.
    • If the resubmitted price is at or below the returned bid price, the lead will be purchased.

This logic is supported by the IntroXL Internet Lending API (Version 1.15), which includes the <price> field for incoming leads and the <bid> field for lead responses.

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