Enhancing Payment Gateway Stickiness with Closed-Loop Digital Wallets
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
Get instant refunds credited directly to your wallet, speeding up the process and encouraging continued shopping with the merchant.
Loyalty Rewards and Offers
Reward repeat customers with discounts, cashback, and exclusive offers, seamlessly integrated to foster long-term loyalty and encourage return visits.
Unlock New Revenue Streams
Boost sales and expand business horizons with our cross-promotion tools. Showcase complementary products and services to unlock new revenue streams.
By retaining just 5% of their customer base, Businesses can raise sales by up to 75%
Closed-Loop Digital Wallet
Enhances security & user convenience in a specific ecosystem with tailored payment solutions.
Seamless integration with your services streamlines transactions, cuts costs, and builds customer loyalty.
Explore how this innovative technology can revolutionize business operations and enhance user experience.
Versatile Use Cases Across Industries
Our Closed-loop Wallet Solution is uniquely positioned to meet the needs of firms that require sophisticated, secure, and seamless customer engagement. Here's an in-depth overview of targeted several industries:
Retail & E-commerce
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Instant Refunds
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Loyalty & Gift Programs
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Promotions and Offers
Hospitality
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Guest Wallets
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Loyalty incentives
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Event Management
Education
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Campus Cards
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Fee Payments
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Retention Programs
Food & Beverage
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Restaurant Payments
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Loyalty Points
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Order Ahead
Travel and Tourism
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Travel Wallets
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Bonus Miles
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Foreign Exchange
Gaming
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In-Game Purchases
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Rewards & Bonuses
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Payouts
Entertainment
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Event Tickets
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In-App Purchases
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Loyalty Rewards
Utilities
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Bill Payments
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Prepaid Utilities
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Rewards Programs
Corporate
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Employee Wallets
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Incentive Programs
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Corporate Gifts
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?
Plug and Play Integration
Easily integrate with popular e-commerce platforms like Magento and CRM systems.
Our APIs ensures a smooth, hassle-free setup
Data Security Compliance
Rest assured, your customer data is protected with our software, certified to meet the highest industry standards.
Trust us to safeguard your valuable information
SaaS-Based Pricing
Enjoy flexible, transparent SaaS-based pricing.
Pay for what you need and scale as your business grows, with no hidden fees or surprises
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.
What Our Clients Are Saying
VINCENT LI
Managing Director
United Points
Singapore
PayNet's unparalleled digital wallet expertise created a high-quality use case for today's financial needs. Partnering with them boosted our understanding and opened major opportunities across ASEAN.
PAWAN PRADHAN
Managing Director
Cellcom Pvt Ltd
Nepal
PayNet Systems' secure, user-friendly platform has modernized wallet platform, transforming Nepal's economy. Highly recommended for their exceptional work.
ARCHIL BAKURADZE
Chairman
Georgia MFI Association
Georgia
PayNet's wallet solution excels with rich features, seamless transactions, reliable performance, and exceptional support, crucial for our operations.
Integrate our Close Loop Wallet API today and start building stronger customer relationships
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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.
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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.
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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.
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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.