top of page

Closed Loop Wallet Solution

Build and administer stored value accounts for your customers and securely award and manage the balances in multiple currencies. 

☑️ Plug and Play with Seamless APIs 
☑️ Certified with Data Security Standards
☑️ 99.9 % Backup and Uptime Guarantee

closed loop wallet solution.jpeg

Who Requires Reward, Loyalty, and Refund Wallets?

supercharge ecommerce.jpeg

E Commerce Service Providers

Online Merchants & Retailers 


Independent Sales Organisations

Multi Tied Organisations

28% of clients are inclined to go to the business as they're part of a loyalty program.

By retaining just 5% of their customer base, businesses can raise sales by up to 75%.

 32.3% of clients, have increased their interest in merchant rewards programs.

Why Online Merchants Need Closed-Loop Wallet?

PayNet closed-loop wallet solution enables online merchants to retain customers by seamlessly awarding loyalty, Cashback, and Refunds.

Effortless Refunds and Payouts: Instead of the traditional refund process that can take days or even weeks to complete, customers can have their refund funds credited directly to their wallet. This not only expedites the refund process but also encourages customers to continue shopping with the merchant.

Loyalty Rewards and Offers: Merchants can reward customers for their repeat business, offering incentives such as discounts, cashback, or exclusive access to promotions. This seamless integration of loyalty programs encourages customers to return to the merchant's online store, thus fostering long-term loyalty.

Cross-Promotion Opportunities: Unlock new revenue streams with our innovative cross-promotion tools. Showcase complementary products and services to your customers, boosting your sales and expanding your business horizons.

Powerful API to seamlessly integrate Reward, Loyalty, and Refund Wallets into your existing app

Efficient and Developer-Centric

Designed with developers in mind, integrating the PayNet wallet API is straightforward and user-friendly.

Access our libraries through our developer portal, test features with the admin panel in our sandbox, integrate in five programming languages and count on continuous support from our development experts.

Why Online Merchants Prefer PayNet Closed-Loop Wallet?

PayNet closed-loop wallet solution enables merchants to retain customers by seamlessly awarding loyalty, Cashback, and Refunds.

Plug and Play Integration

Seamlessly integrate with popular e-commerce platforms like Magento and CRM systems. Our Closed-Loop Wallet Software is designed for ease of use, ensuring a smooth and hassle-free setup process. 

Data Security Certified

Rest easy knowing that your customer data is protected. We take data security seriously, and our software is certified to meet the highest industry standards. Trust us to safeguard your valuable information.

SaaS-Based Pricing

Enjoy flexibility with our SaaS-based pricing model. Pay for what you need and scale your operations as your business grows. No hidden fees, no surprises, just transparent and affordable pricing.

User Case Study
United Points Loyalty Reward Program  

United Points is founded on the mission to solve a common problem in the loyalty and rewards industry. Today, there is a great disconnection and complexity between businesses, merchants, and consumers, resulting in businesses declining in revenue.


 United Points’ unique strength lies in our proven shared experience and capabilities as the matchmaker to connect and greatly simplify and shorten engagements between businesses, merchants, and consumers, through a seamless global loyalty and rewards platform.


United Points, a leading loyalty program provider, aimed to enhance its offering by introducing a closed-loop wallet solution. The objective was to provide a seamless, secure, and highly flexible digital wallet system to its customers, enabling them to earn, manage, and redeem points easily across a variety of partners.


Our Review Are Public & Are Verified By


software advice app
get app
capterra app

What Our Clients Are Saying



Managing Director

United Points


PayNet's unparalleled payment expertise created a high-quality use case for today's financial needs. Partnering with them boosted our understanding and opened major opportunities across ASEAN.

WhatsApp Image 2024-05-22 at 12.29.50 PM.jpeg


Managing Director

Cellcom Pvt Ltd


PayNet Systems' secure, user-friendly platform has modernized payments, transforming Nepal's economy. Highly recommended for their exceptional work.




Georgia MFI Association


PayNet's wallet solution excels with rich features, seamless transactions, reliable performance, and exceptional support, crucial for our operations.

WhatsApp Image 2023-12-18 at 11.21_edite

Integrate our Close Loop Wallet API today and start building stronger customer relationships

Please Share Your Details With Us

Thanks for sharing your details

We shall get in touch ASAP!

  • What is a Loan Management System?
    A loan management system is a software solution that enables you to easily manage your whole loan cycle. You can orchestrate a faster market launch, build consumer-friendly lending products, and remain fully compliant with local and international regulations by leveraging the Paynet LMS.
  • What are the benefits of having a loan management system?
    The benefits of a loan management system are numerous, ranging from making your lending process easier through automatic credit checks, accurate customer evaluations, and a completely online and paperless approach to assisting you in precisely visualizing your ROI by streamlining your entire lending process.
  • What are the challenges of implementing a loan management system?
    The challenges that arise in using a debt management system are minimal. While you can start experiencing the various advantages of one in no time. Also, because most architectures are entirely cloud-based with real-time support, you can save time during deployment as whatever problems happen can be modified immediately.
  • What is the approximate cost to implement a loan management system?
    As all of our offerings have been developed to scratch with each lending organization, our prices vary. Please reach out to our company's executive right now to get the most up-to-date price.


logo paynet

PayNet is a White Label  Neo-Banking Platform, for new-age financial institutions, helping them thrive in the industry through our agile cloud-native and API-first technology.


PayNet’s prebuilt modules help you with the fastest time to market without compromising on the security level.




  • Facebook
  • Twitter
  • LinkedIn
  • YouTube

© 2023  PayNet. All rights reserved. 

bottom of page