Acquire customers, grow revenue and advance cash flows
WyzePay creates greater customer loyalty
WyzePay is a new digital payment platform that allows retailers to issue their own digital coins.
Customers pay you in advance for your coins. And in return you give them more spending power with you.
Generate more revenue, engagement and loyalty
So you get the benefits of having committed sales, building customer loyalty and having direct engagement with your customers. And your customer gets more for their money, a win-win for all.
Purchase coins from retailers in advance
Receive extra coins in return
Use your coins with participating retailers
It’s simple to get started
Give us your details
Enter your name and company information
We'll carry out a verification check
You'll receive an email within 24 hours
Initialize your account
Setup your username and password and get access to the Retailer Portal
Set your coin value
Upload your coins and set your discount levels
Integrate with POS
You'll receive an email within 24 hours
Connect to your bank account
Link your account with WyzePay
Get seamless integration
Integrate with leading payment systems and accountancy software
We want to make sure that WyzePay integrates seamlessly into your business. We have integrated into the most widely used accounting software so you can track your business and also have developed a very simple payment method that works alongside the existing POS systems.
Our Retailer Portal gives you powerful pricing tools and access to the data you need.
Retailers can set the desired discounts in the Retailer Portal and then issue their own digital currency or ‘coins’.
The Retailer Portal provides customer insights and also detailed analytics related to coins that are in circulation.
Questions for the Wyze Retailers
Registration is straight forward and hassle free with three simple steps
Once at our website at the relevant registration page simply provide us the name or company number of your business and the contact details of a registered official of the business
We will then ask you to agree to our terms and conditions
Set up a user-name and password, we’ll give you access to the Retailer Portal and then you are good to go!
As a retail customer of WyzePay you get access to the Retailer Portal where you can manage your WyzePay account. On the homepage of the Portal you will find a very simple pricing tool that will enable you to set and manage your discounts and offers.
As soon as the customer purchases your Coins you will immediately receive the funds into your bank account (less our fees and the cost of the banking transaction fee).
We will provide you with a very small device that enables contactless payments, and an App that will need to be downloaded onto your POS hardware (this is very easy to do).
When the customer comes to pay they simply use their Wyzepay app to pay by touching the Wyzepay device and confirming the amount.
We have integrated into the most widely used accounting software so you can track your business
WyzePay is super smart and built using blockchain technology, when a customer buys your coin we create a transaction on our blockchain that can not be changed.
When the customer redeems their coin with you, we use the same blockchain technology to ensure everything balances and the customer can not spend more than they have bought with you.
When customers use WyzePay to buy your Coins and provide you with advanced sales and cash flow we take a small transaction fee which is invisible to your customers. The current transaction fee is 2%.
This is not currently possible, the customer does have an alternative to transfer a balance of their coins to another user, but as far as you the retailer is concerned once the transaction is complete, and coins purchased it is non-refundable.
You simply stop issuing new coins. You will need to continue to accept any coins previously issued until there are no longer any in circulation.
– Data is managed using AES-256 encryption
– All communication between your phone and WyzePay is encrypted using TLSv1.2 256 bit encryption. This means that your communication is secure from man in the middle attacks or unsecured networks