E-wallet is a virtual wallet that allows to make electronic transactions like purchasing products/services online using devices like computers or Smartphones. It eradicates the need to provide bank account details everytime you make online payments.
E-wallet integration in HybridMLM software
E-wallet is inevitable in an MLM software and HybridMLM’s e-wallet integration makes all the online financial transactions safe and secured while providing seamless function. The e-wallet module in our MLM software stores and handles information about e-currency/e-money or e-pin transactions online. By using e-wallet, users can buy e-pin and use the vouchers for product purchase and other purposes. E-currency is useful in buying or selling products and e-wallet is for operating all the cash in and cash out functions of the users.
Cash In Process
- E-money/e-currency transfer
- Members receive commission
- Money deposits from credit card/debit card or other payment gateways
- Members receive bonus
Cash Out Process
- When buying e-pin
- When transferring e-money to another e-wallet
- When charging membership fee for new user registration
- When users withdraw money
- When members upgrade their account
- When adjusting bonus
Features of E-wallet in HybridMLM software
- Multi wallet system with repurchase wallet and business wallet that are capable of handling different types of e-currencies.
- You can buy products, e-pins and perform new registrations using the amount in e-wallet.
- Cash-in/cash-out transactions with option to choose specific wallets for payout.
- Users can transfer money from their e-wallet to other users’ e-wallet.
- Highly secured with high-tech IP whitelisting system that allows transactions for a particular customer only through a specific IP address.
- Risk-free VCC (virtual credit card) systems that can be used to purchase and other purposes in the MLM software, just like the conventional online credit card purchases.
- It’s very easy to use and maintains all the transaction records efficiently.
- Our e-wallet integration in MLM software is flexible and customizable to suit any kind of MLM business.