IT Consultant / Photographer

Virtual Wallet System

This system is designed and developed to create a new way of payment solution that enable the member to accept payment transaction through internet. It can also serves as a payment processing for online vendors and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, less than to the amount received. The fees can be configured depend on the currency used, payment options, the country of the sender and the recipient, the amount sent and the recipient’s account type. This system is designed to be easily customized and configured, and can adopt to any API’s for exchange rate transactions and card system provider. This will provide businesses and individuals with a fast, simple and secure way to move money online.



Registrations :

  • Member registration for the following:
    • Consumers
    • Affiliates
  • Registration approval via Admin tool use by the Customer Service to do the following:
    • Validate the online registration form and the requirements which uploaded by the use to verify their registrations.
      • Consumers and Affiliates just need to upload valid ID’s and some necessary documents for validation purposes
      • Once validated, the system will send email for instructions on how to login and start their transactions
    • Merchant has a different approach in registration, they need pass business documents and the compliant team will validate it to be able to be accredited.
      • Once a merchant is accredited, the CS will register the merchant and the merchant will received an email will instructions on how to login to the system and start their transactions.
    • All members will have a Debit Card issued by the system so they can use it to send, receive, withdraw funds.
      • Debit Card is a MasterCard type and available all over the world to purchase and withdraw in any ATM’s which is under MasterCard (with fees for both System Provider and the bank who issue the Debit Card).
      • Member can request via online to transfer their wallet fund to their Debit Card so they can withdraw it in any ATM’s under MasterCard or use their Debit Card to purchase to store (fund transfer from wallet to debit card will have a fees configure inside the system).

Wallet System:

  • Each members will have an e-wallet where their funds will be keep.
    • The wallet supports different currencies.
    • The members can keep any currencies and can convert their other currencies to another currencies to be able to pay anything based on the currencies that the receiver wish to.
  • Funding of wallets will be possible via wire transfer, bank deposit, prepaid card or credit card.
  • Members can use it to transfer funds to another members or pay the merchants.

Online Payments:

  • Inside the system.
    • Members can send payments to the merchants using the fund transfer module.
    • They can setup a recurring transactions by monthly or semi-monthly.
  • Outside the system.
    • Merchant will be given an API where they can put the Payment Checkout Form to their online stores or websites so that the consumers can select it as a payment gateway to pay the items.
    • If the consumers are members of the Online Wallet System, the Checkout form will show their current balance in their wallet and can use it to pay the merchants, but will also have an option to use their Credit Card to pay it.
    • If the consumers are not yet member of the Online Wallet system, they can use the Credit Card option so they can pay the merchant.
    • Payments to the merchant will credited to their wallet inside the system.


  • Consumers and Merchants can withdraw their funds in the following options:
    • Thru their Debit Cards so they can easily withdraw it in any ATM machines with MasterCard or use it to purchase in any store which accepts MasterCard.
    • Thru wire transfer to their bank which they register inside the system
    • Thru their local bank via deposit or bank transfer.
  • All the transactions are subject for a fee depends on the options they have selected.

Prepaid Card Loading:

  • The system has an option to fund their wallet using a prepaid card in different value of points.
  • Members can buy the prepaid card with a certain points and load it to the system.
  • Points are convertible to amount so from points, they can convert it to USD and funded their wallet.
  • Points is use for consumers and affiliates.
    • Affiliates will help to get consumers and merchants to be a member of the Online Wallet System, a marketing scheme for Online Wallet system.
    • Affiliates will earn points every time they referred consumers or merchants.
    • Consumers will earn points in every transactions (optional), this is also a marketing scheme to use the Payment Gateway.

Transaction History:

  • All members will have a facility where they can monitor and check their transactions.
  • All kinds of transactions will be logged for reporting purposes.

Admin Facility:

  • Manage and monitor members inside the system.
  • Manage and monitor all the transactions.
  • Manage the fees for each transactions.
    • Each members will have a levels and the levels will determine how much the fees will be charge for using the system.
    • All fees will depend on the transaction types such as:
      • Fund Transfer Fees
      • Debit Card Fees
      • Payment Checkout Fees
      • Deposit Fees
      • Withdrawal Fees
      • and others
    • Manage the transaction limits.
      • Each members will have a levels and the levels will determine the transaction limits for each transactions such as:
        • Limiting fund transfer transactions per day, week or months
        • Limiting withdrawal per day, week or months
        • and others
      • Manage the email templates which the system use to send notifications to the members.
      • Manage the Exchange Rate Fees.
        • This will determine how much is the fees per currency conversions.
        • The system use exchange-rate API from Europe and Canadian bank.
          • There is a monthly fee for using this API and the fees are depends on how many request per months, but this one will be covered by the fees configured inside the system
        • Manage the incentive points system for earning points.
        • Manage the module access rights even on the membership side.
        • Manage Customer Support Users and Rights.


The above mentioned features are currently available in the base system. should you have any additional features and functionalities, the system is designed to be able to easily add and customize modules and functionalities.

For presentation and demo request, please text or call : 0918-8436631



Screen Shots Samples :