The electronic wallet market has increased exponentially in the past several years, reaching 100 billion USD in 2017. Analysts expect growth to continue, reaching a whopping $250 billion by 2024, motivated by appealing discounts and enticing cashback offers.
One firm that has produced an impressive portable wallet that delivers a ton of fantastic attributes is LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF). LiteLink only announced the beta launch of its uBUCK Purchase Program, an electronic wallet and payment alternative that acts as a payment option for customers and retailers.
However uBUCK Pay provides a great deal greater than any other electronic payments platform.
The uBUCK platform enables customers to make online purchases at confirmed bars, shops, and restaurants, and even clients will also have the ability to withdraw money at ATMs and ship transfers across the world within minutes without needing to pay any transfer charges. And today, after having a strategic venture with Datable Technology Corp. (TSXV:DAC) (OTC:TTMZF), the agency provides clients the capability to make rewards for purchases and payments made inside the uBUCK Pay electronic wallet or using their uBUCK Mastercard.
uBUCK Purchase and Datable Integrated Loyalty Program
uBUCK will be integrating Datable’s loyalty and rewards program PLATFORM³ to its electronic platform to benefit clients for buying, seeing content, discussing friends, sharing articles through social networking, and completing surveys.
Datable supplies consumers using over 300 digital gift cards from major retailers such as Starbucks, Target, and Walmart. The venture will also see uBUCK prepaid charge cards inserted as a prepaid cash card reward which customers can buy with their things on Datable’s customer’s portals.
Serving Unbanked and Underbanked Communities
Another quality that sets uBUCK Pay apart from the competition is availability. Contrary to other payment options, uBUCK Pay supplies a supply method which is not found elsewhere in the electronic payment area, permitting uBUCK to function the underbanked community in North America, which accounts for almost six million Canadians and 32.6 million Americans.
To serve this category, uBUCK has partnered with US prepaid platform PreWay, which provides customers the choice to buy uBUCK vouchers at approximately 7,000 convenience stores across america using money.
Getting the choice to purchase uBUCK coupons in-store with money will mean customers do not need to wait long lineups to buy items or pay invoices. What is more, loading up a prepaid Mastercard enables customers to make online purchases, which wouldn’t be possible.
Moving ahead, uBUCK will probably be rolling out its support into the Philippines, in which 77percent of the populace is unbanked, and also in Southeast Asia, in which just 47percent of the populace possess a bank account.
Bringing Payment Solutions into the eSports Industry
uBUCK can also be catering to the burgeoning eSports gaming sector with its recently launched second manufacturer, Streambucks, a protected, easy-to-use payment alternative that’s catered especially to eGamers.
Streambucks provides uBUCK Tech the chance to sponsor eGaming championships and offer prize pools in the kind of Streambucks. Streambucks can subsequently be used to buy goods in the Streambucks market, convert to US dollars to load a prepaid debit card, and ship payments round the world at no cost.
Official Payment Sponsor of EGLX 2019
Days following showing the launching of Streambucks, uBUCK declared that it’s signed a Letter of Intent (LOI) with Enthusiast Gambling Holdings (TSXV:EGLX) (OTCQB:EGHIF) to create Streambucks the official payment host in the Enthusiast Gambling Live Expo (EGLX).
This is a really strategic move for uBUCK to acquire access to its target market, as EGLX is your biggest video game expo in Canada, bringing approximately 55,000 attendees at 2018.
uBUCK will likely be engaging Enthusiast Gambling to make strategic marketing programs across its electronic publisher system, which reaches 75 million people throughout 85 gambling related sites monthly and 50 million yearly visitors from 900 gambling YouTube channels.
The venture provides uBUCK access to some targeted eSports market through Enthusiast Gambling’s engaged network of gambling enthusiasts to be able to help boost its own platform of payment options and build brand recognition.
Offering Record-Breaking Transaction Speed
According to uBUCK Pay enables users to send transports instantly. This is only because uBUCK Pay would be the world’s first US dollar-backed stable market constructed on Waves, the world’s quickest blockchain platform.
The Waves system has established a blockchain rate record for greatest transactions every day. What is more, Waves processed more trades within an 24-hour period than any other available blockchain in life. This implies uBUCK clients can send and receive funds considerably faster than any rival electronic wallets and payment transport services.
Offering an Extremely Secure Payment Option
In this era, privacy is essentially non-existent, meaning safety is essential as it comes to protecting our capital. Decentralized programs like uBUCK Pay may improve safety, in addition to accelerate cash management, move, and financing by removing middlemen.
That is only because uBUCK runs onto a P2P system of servers instead of one server or a centralized cluster of servers. To guarantee optimum safety, uBUCK Pay provides multi-factor authentication, biometric and apparatus affirmation, SSL encryption, and Mastercard SecureCode.
No Shipping Charges
Possibly the most appealing feature for customers is that uBUCK Pay includes zero transport charges, meaning anybody can send money to family and friends across the world without the normal hefty fee.
Anybody who has attempted services such as Western Union or PayPal understand these services often charge high prices for sending cash from the nation. What is more, these solutions may take three to four business days to ship your own funds.
With uBUCK Pay, clients can send transports instantly all over the world without paying any transport charges. All the receiver has to do is register to your program, and the money will be transmitted to them straight.
That is enormous if you believe an estimated $625 billion was sent in 2017 by migrants to their home countries, $148 billion of that came from the united states alone.