The effectiveness of white label solutions for business makes them increasingly popular. In general terms, White Label is a type of partnership in which one company produces goods or services and the other sells them under its brand. So each partner can focus on their competence (production or sale) and thus save on the launch of the product.
White label app – is a model of cooperation of several companies. And white label product is a solution which helps all parties to benefit. This scheme is most effective for organizations with large client bases and a reliable market brand, but even startups can try and evaluate all its advantages.
The Wallet Factory Company provides businessmen of all levels with its white label product – e wallet app, known as mWallet – This is a complex system that is specially developed to give its users multiple choices of payment methods:
- web-wallets;
- bank accounts;
- mobile money;
- payment cards;
- and even cryptocurrencies.
But the most significant feature of this soft is that the platform tracks users’ interaction with your website, and collects data about all consumers’ operations, including time of check-in, favourites, spending history, time of purchases, location, how they preferred to payment method etc.
Analyzing this information system sends to your customers individualized notifications with special offers, sales, and even the most interesting items. Thus retailer can make confidential and long-term relationship with the customer.
Optimization and support
When you decide to use the mWallet you get access to a high quality project which will be completely customized for your needs. Because development of this digital app always means creation of unique product.
This process takes a few months and includes work on IT architecture, cases, resource and implementation plans, specification and customization. Here are the main stages of the mobile wallet development:
- Making of customization solutions;
- UI / UX design;
- Hosting preparation;
- Manuals;
- Integration.
One of the most important periods of development of the new app is testing of this product. It is necessary to be sure that mobile payment platform and website don’t have any bugs and function correctly. There are always some corrections that should be implemented, so the process of testing takes up to 1 month. During this time the new product is intensively checked. But as a result of this long development process you get your unique solution which will help your business’ development.
