What Is E-Wallet?
E-wallet refers to the online service that enables people to carry out electronic transactions online. E-wallet stores information related to e-money such as e-pin etc.Thus, e-wallets eliminate the necessity to go through user information every time an online financial transaction using e-money is conducted.
E-Money or E-Currency is the monetary unit that does not exist in substantial form. It only exists electronically in the online banking system. E-wallets offer increased safety in online transactions. Because, card details are not passed but a unique transaction identifier is used.
What Is E-Wallet Module In MLM Software?
Much like any other e-commerce platform, MLM Software also involves the use of E-money. The e-wallet module in our MLM software ensures secure and risk-free E-money transactions.
Additionally, the e-wallet module enables companies to operate and manage all cash-in cash-out transaction information of users. Activities like generating e-pins, viewing transfer history and integrating bank accounts and credit cards are all made possible with the e-wallet module.Without an e-wallet module, it is literally impractical to carry out prompt and efficient transactions involved in an MLM business.
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