NETSOFT Software inherently developed with an unique Tool to Manage the Money flow in and out of the Business called as Wallet & assist you in planning your Rewards with Industry Standard Wallet System of both Cash and Electronic.

Wallet from Admin Backoffice Central Header are much more secure & trustworthy for Money Transfer and other Business Transactions.

Rewarding Wallet Management consists of Withdrawal, E- Wallet, Fund Transfer, Send Bonus, Deduct Funds, Automated Pay-out integration, Electronic wallet for e-commerce purchased, Cash wallet for commission withdrawal, E-wallet chargeable with conventional and crypto on real-time. Search Option is also available along with default features.

 

WITHDRAWAL

Withdrawal is taking away from a particular place, here we are talking about taking money from Wallet. Withdraw gives the information of Money Withdrawal from the Wallet either Cash or Electronic both Paid and Pending. Admin should always have to check pay withdrawal & paid withdrawal confirming that all pending if accepted has been approved, confirmed & paid. This will be eventually shown in paid withdrawal. In order to make the merchandising process smooth without any delays, it has to be manually approved if accepted from Admin Backoffice.

Withdraw gives the information of Money Withdrawal from the Wallet either Cash or Electronic both Paid & Pending.

Generate Withdrawal Report using Print, Copy, PDF, Excel, CSV for both Pending & Paid.

 

PENDING WITHDRAWAL

Pending Withdrawal is the money both cash or electronic that has been withdrawn as per User’s request from their available Wallet Account but not completed the process in receiving the Money to their Withdrawal Payment Option Account set from Admin based on the Business Plan. It has to be approved by Admin manually from Admin Backoffice.

Details of Withdrawal Pending can be seen using Pending at the Top with Name, Amount, Wallet, Account Type, Account Details, Requested Date with Time & Option. Admin has to Manually Accept the Withdrawal by Choosing  PAY under Option and once confirmed it will be Paid or Cancel to undo the Action of Withdrawal. This Approval Changes the Status Pending to Paid and shown under Paid Details by Choosing Paid.

Name gives the name under which the Withdrawal request has been made in the Organization shown under Pending Withdrawal.

Amount gives the value of money requested by the User/ Distributor for withdrawal showing under Pending Withdrawal.

Wallet shows the type either cash or electronic for withdrawal  shown under pending withdrawal.

Account Type gives the Mode of Withdrawal Payment like bank wire or credit card &  more showing under pending withdrawal.

Account Details give the details of withdrawal Account mentioned under Account Type with Bank Name, Bank Swiftcode, Account Number, Account Name, Account Address showing under pending withdrawal. This details shown will vary according to the Withdrawal Account.

Requested Date will display the Date with Time on which Withdrawal Money has been requested by User shown under Pending Withdrawal.

Option under pending withdrawal will be shown as Pay meant that it has to be approved manually by the Admin from Admin Backoffice. Till then it will be shown under Pending Withdrawal only and the money won’t be withdrawn & received as per Users’ request. User will be shown as incomplete or pending or processing & more  based on status till it is approved by Admin & confirmed in changing the status from pay to paid.

 

PAID WITHDRAWAL

Details of Paid Withdrawal can be seen using Paid at the Top with Name, Amount, Wallet, Account Type, Account Details, Requested Date with Time & Option. After the approval & confirmation by Admin Manually Choosing PAY under Option in pending withdrawal page it will be shown as Paid now in paid withdrawal page. Paid under Option also will be reflected for the User with Paid Status as Completed Process.

Name gives the name under which the Withdrawal request has been made in the Organization shown under paid Withdrawal.

Amount gives the value of money requested by the User/ Distributor for withdrawal showing under Paid Withdrawal.

Wallet shows the type either cash or electronic for withdrawal  shown under paid withdrawal.

Account Type gives the Mode of Withdrawal Payment like bank wire or credit card &  more showing under paid withdrawal.

Account Details give the details of withdrawal Account mentioned under Account Type with Bank Name, Bank Swiftcode, Account Number, Account Name, Account Address showing under pending withdrawal. This details shown will vary according to the Withdrawal Account under paid withdrawal .

Requested Date will display the Date with Time on which the Withdrawal Money has been requested by User showing under Paid Withdrawal.

Option under paid withdrawal will be shown as Paid meant that it has been approved manually & confirmed by the Admin and the money been withdrawn & received as per Users’ request. User will be shown as paid or as completed process.

 

E – WALLET

E – Wallet, Electronic Wallet is a Virtual Storage Space Method which stores the Information about E – Money, E – Pin, Income and Expenses. E – Wallet plays a Significant role in Managing all Financial Transfers & User Information. They are much more secure & trustworthy for Money Transfer and other Business Transactions.

E – Wallet Details with Username, Amount Paid, Paid Currency, Payment Mode, Transaction ID, Paid Date, Type & Action saying Paid or Unpaid will be displayed. Use Search to find out the desired details in E Wallet.

Username gives user’s enrolment username with E-Wallet details.

Amount Paid is value of money paid  for user with username mentioned above under E – Wallet.

Paid Currency give the details of Currency used to pay the Amount for the user with  E – Wallet Details.

Payment Mode gives the detail of the way by which the payment been paid to user under E-Wallet Details.

Transaction ID gives the ID created for that payment transaction under E – Wallet Details.

Paid Date gives the Date on which the Amount been paid to the user under E – Wallet Details.

Wallet Type gives the Wallet Type either cash or electronic to which the amount been paid or business transaction happens shown under E – Wallet Details.

Action will show the status either paid or unpaid under E – Wallet Details. If it shows as unpaid status then Admin can take necessary action or efforts to make it paid if that transactions been approved.

 

FUND TRANSFER

Fund Transfer provide Admin with the details of the amount transferred in the organization between the distributors or any members based on the business structure.

Fund Transfer Details of Funds that has been transferred from One Member Commission Account to Another Members Commission Account with Fund Transfer Details of the Members like From, To, Amount, Wallet & Date will be displayed.

Fund Transfer Details From & To provides the member details from whom the amount transferred & To whom it been received.

Amount is the sum of funds been transferred between the members.

Wallet gives the information on what type either cash or electronic the funds been transferred.

Date on which the amount been transferred between the members.

 

DEDUCT FUNDS

Deduct Funds is a Tool which can be used to Deduct Funds from the Customer Wallets either Cash or Electronic when they do any illegal Activities or Unwanted Transactions. Admin can easily Deduct Bonus from Admin Backoffice for any Users whom they wanted to take off  or deduct the money from their Account for various reasons.

Deduct Funds Details with Username, Type, Wallet Type either Cash or Electronic, Amount, Description, Date with Time for the Customers or Users/Distributors shown under Deduct Funds.

Username gives the user’s username under Registration to whom the Funds been deducted by Admin

Type is the kind for which the transaction been made under E – Wallet by Admin for the User. it is Bonus Money or funds deducted by Admin.

Wallet Type shows either Cash or Electronic from which the Funds been deducted by Admin from Admin Backoffice.

Amount is the value of bonus money or funds deducted by Admin.

Description gives the brief information about the reason or purpose of deducting the funds by Admin for the User.

Deducted Funds Date gives the date and time on which the funds been deducted from the user by Admin from Admin Backoffice.

 

HOW TO DEDUCT FUNDS

Deduct Funds can be done by selecting UserName from the drop down Menu & completing with the details like Bonus Amount, Memo, Wallet Option either Electronic or Cash, Memo & Submit to proceed for deducting Bonus or cancel to undo the action.

Username can be selected from the drop down Menu by Admin for whom the deduct funds will take place. Username shown will be the one used by the User during Registration Process under Username. Only those Username Menu will be available for the Admin to deduct funds. Admin will take action to get the deducted money from the user if the Account don’t have enough funds for carry out deduction.

Deduct Funds Amount is the value of money intended for deducting from the User by Admin.

Memo is the place where the Admin can write down a Memo briefing the reason or purpose for deducting funds from the user.

Amount Deducted Successful Message will be displayed once deducted successfully. Deduct Funds Details will be reflected under E – Wallet.

 

SEND BONUS

Send Bonus is a Tool using which the Admin can Send Bonus to their Distributors like Gift, Achievement Bonus & more which will be reflected in their E- Wallet – Cash & Electronic.

Send Bonus Details with Username, Type, Wallet Type either Cash or Electronic, Amount, Description, Transaction ID, Date with Time for the Customers or Users/Distributors shown under Send Bonus.

Send Bonus by selecting the UserName from the Drop Down Menu, fill in the Bonus Amount, Memo, Select Wallet Option either Electronic or Cash, Write down a Memo saying why this Bonus is for & Submit to proceed with Sending Bonus or cancel to undo the action. Amount Transferred Successfully Message will be displayed for Sent Bonus Confirmation. Bonus Sent Details will be displayed under E -Wallet.

 

HOW TO SEND BONUS

Admin can simply & easily Send Bonus from Admin Backoffice for all the Users of their choice. This can be done from Send Bonus Page by selecting UserName from the drop down Menu & completing with the details like Bonus Amount, Memo, Wallet Option either Electronic or Cash, Memo & Submit to proceed with Sending or cancel to undo the action.

Username can be selected from the drop down Menu by Admin. Username shown will be the one used by the User during Registration Process under Username. Only those Username Menu will be available for the Admin to send Bonus.

Bonus Amount is the value of money intended for sending to the User as Bonus by Admin.

Wallet gives the type of wallet either cash or electronic which can be used by the Admin for sending bonus to user from Admin Backoffice.

Memo is the place where the Admin can write down a Memo briefing the reason or purpose for sending bonus to the user.

Type is the kind for which the transaction been made under E – Wallet by the Admin for the User.  It is usually be the Bonus as it is the money sent as Bonus by Admin.

Description gives the brief information about the reason or purpose of the bonus that has been sent by Admin to the User.

Transaction ID gives the ID created for that payment transaction under Send Bonus Details.

Bonus Date gives the date and time on which the bonus been sent to the user by Admin from Admin Backoffice.