An E-Wallet is a virtual storage space which stores information about E-Money. E-Wallet guarantees that E-commerce dealings are done with easiness and safety. E-money, also known as E-currency is the cash used in online financial transactions, but not in the physical form. In Infinite MLM Software, E-wallet holds an extensive role.
Like all other E-commerce platforms, our Customized MLM Software also features E-money, E-pin & E-wallet. When a financial transaction is performed using E-money, the whole process is completed within a matter of time. Along with the versatile features, our MLM Software also ensures secured E-Money transactions. For an MLM Company, an E-wallet system is essential to manage and operate all Cash-in, Cash-out financial information of the user.
E-money flows into the wallet via MLM plan commissions, payment gateway deposits, transfers from other E-Wallet accounts, and bonuses.
E-money leaves the wallet when paying membership fees, withdrawals, E-pin purchases, member upgrades, and E-money transfer requests.
Commissions and bonuses are stored as E-money. Distributors raise payout requests and withdraw via integrated gateways like PayPal or GPay.
The E-wallet integrated in MLM software is the place where the various commissions, bonuses, or E-pins are stored as E-money. Through the Cash-in process, the E-money is transferred to a distributor’s E-wallet as commission or bonus earned by the distributor. The distributor can then raise a payout request to the admin to receive the E-money as physical money. Once the cashout process is processed, the distributor can withdraw the e-money via integrated payment gateways like PayPal, GPay, by linking the distributor’s bank account.
Distributor earns commission or bonus through their MLM plan activity.
The earned amount is stored as E-money inside the distributor’s E-wallet.
Distributor raises a payout request to the admin for withdrawal.
E-money is withdrawn via PayPal, GPay or a linked bank account.
Our integrated E-wallet solution streamlines every financial operation within your MLM network, providing seamless, secure, and instant transactions.
The amount in E-wallet can be used for purchasing E-pins.
The amount in E-wallet can be used for new registrations.
The amount in E-wallet can be used for ordering/purchasing products.
Can transfer money to other E-Wallet accounts (from one user to another).
The amount deducted in re-purchase from payouts can be transferred to E-wallet.
Everything you need to run a secure, efficient, and scalable E-wallet system within your MLM platform.