What is Wulet??
Common people love to use cards and apps that offer cashback feature. The credit cards have been providing this facility for a long time. The credit card users make some research and learn how to make a transaction in order to take advantage of the cashback feature. Apart from credit cards, smartphone apps and loyalty cards also offer discounted deals with cashback feature. The money is directly deposited into the bank account.
Cashback has always entertained millions of people across the globe. Now WULET, a new blockchain-based platform is introduced to provide similar features to its users. Let’s find out what is WULET and how does it work.
What is WULET?
WULET is essentially a crypto wallet. This wallet holds your cryptocurrency and allows you to make payments in crypto whenever you can. This wallet is designed and introduced for the new generation of cryptocurrency users. WULET believes that more and more retail outlets will accept crypto payments because the popularity of cryptocurrencies is increasing with every passing day. Every day a new user is buying crypto assets and using them for trading and shopping. WULET encourages users to use their crypto currencies on retail stores because thus they can gain cashback.
This crypto wallet rewards its user every time he uses the wallet to make a transaction. Making the payment through wallet is extremely simple and incentives points on each payment makes things quite pleasurable for every user. This is how WULET operate:
- The payment details are stored onto WULET by applying a QR-code.
- Users receive bonus points for using this wallet.
- The users can spend their rewards on partner marketplaces. These online marketplaces accept cryptocurrency payments.
- The user gets the WULET app in which discount deals and promotions are displayed.
Things that make WULET better than other crypto wallets:
- This wallet is offering a transparent system in which the cashback receipts are received by the users.
- All the bonus points from different retailers are stored in the same wallet.
- An opportunity of using the WU tokens on different marketplaces. The user can exchange these tokens with other crypto assets and also with the fiat currency.
- Offering a great opportunity to make cryptocurrency a part of daily shopping activity.
- Equipped with the necessary infrastructure to launch a quick loyalty program.
WULET is aiming to transform the method of paying shipping bills. Its idea is to provide bonus points that the users can redeem for shopping and earn the customer loyalty. It can entertain the same customer for a long time by providing such solutions and therefore WULET might draw thousands of users.
Links:
Website: https://wulet.io/
Whitepaper: https://wulet.io/wu_pres_en.pdf
Telegram: https://t.me/wulet_io
Author Info:
Bitcointalk Username: Abdulowad
Email: ayushau77@gmail.com
BTT profile: https://bitcointalk.org/index.php?action=profile;u=1328781
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