Discover Monieswitch’s digital wallet system, built to centralize business fund management, customer account control, and tiered transaction capabilities.
Monieswitch’s Wallet System is the core of our platform, offering businesses and merchants a comprehensive way to manage funds, integrate with services, and track transactions in real time.
The Wallet System allows businesses to create both internal and customer-specific wallets, each with tiered capabilities to suit their needs. Wallets serve as the core account structure for handling payments, managing customer funds, and conducting essential financial operations.
Centralized Financial Management: Each wallet acts as a virtual account, providing a seamless way to oversee business and customer finances.
Flexible Transaction Control: The customer’s tiered wallet structure enables merchants to tailor transaction limits and verification requirements based on usage needs.
Service Integration: Wallets are connected to Monieswitch’s range of services, enabling payouts, collections, and card issuance directly from wallet balances.
Real-Time Tracking and Notifications: Every transactions are instantly tracked and reflected in wallet balances, allowing for transparent and up-to-date financial monitoring.
Customer Account Management: Create 1-to-1 mappings of wallets for each customer, allowing for precise tracking and individualized account control.
Business Operations: Use the wallet as a primary account for payments, bulk payouts (e.g., salary distributions), and schedule or recurrent transactions.
Integrated Financial Services: Link wallet balances directly with cards, child accounts, and external payment services for streamlined operational efficiency.