Cashback technology development

WeeMat
2 min readJun 23, 2020

--

When we look at the latest e-commerce reports, we can’t help but notice its rapid growth. This trend is something worth following if one hopes to extend the scope of their business operations to the broader European market or, all the more so, if one’s thinking about broader expansion.

Solution to geoblocking

The general aim in Europe is to come up with a uniform digital market which, in practice, would eliminate any and all geographic barriers. Those currently in the know and interested have their eye on three aspects of this new development.

The first has to do with finding a solution to geoblocking so that consumers willing to shop across country lines aren’t discriminated against through prices, access or payment options (or lack thereof).

The second involves streamlining transnational deliveries to allow consumers and retailers to take advantage of well-priced deliveries as well as convenient return policies. Manufacturers, retailers and consumers alike all complain about high transaction fees and, much like businesses, what customers value most is mutual trust.

Transparency aspect

The constant growth of e-commerce compels companies to find new ways to access the consumer. In this context, cashback is a new but increasingly attractive alternative to more well-established incentives.

Cashback, rewards, motivational programs etc. are a way to draw consumers’ attention. However, traditional systems suffer from a lack of transparency.

The idea that one could receive a part of what they spent on an item as a reward (and the item was something they wanted anyway) represents a mighty attractive prospect. All the while, the blockchain technology and tokenization makes the fundraising and investment processes markedly easier. Additionally, wee allow our customers to withdraw their cashback money even in cash.

Blockchain technology

Any investor can harness the potential of the blockchain technology and take part in the tokenization process facilitating asset exchange and distribution among parties. Tokenization moves the value of any given asset online and makes the distribution of its various parts to their owners easy.

The blockchain technology itself is a guarantee of transparency and, therefore, of maximum security. This is one of the technology’s greatest strengths, other than its decentralized nature, low transaction costs for all involved and a greatly simplified process of distribution to parties whether it be profits or expenses.

wee offer to each weePartner and weeUser a decentralized, open system beneficial to all parties involved. wee are now growing our cashback system into an innovative, more trustworthy representative model of company-client/investor relations — thanks to tokenization and the blockchain technology.

— Stay close with wee:

Web: https://weemat.io/
Web: https://wee.com/

Telegram airdrop: https://t.me/weemat_airdrop_bot
Telegram:
https://t.me/weecoinio
Telegram:
https://t.me/weeMAT

Facebook: https://www.facebook.com/Weemarketplaceaccess/
Instagram: https://www.instagram.com/weemarketplace/
Twitter: https://twitter.com/wee_ITO
LinkedIn:
https://www.linkedin.com/company/wee-market-place/
Reddit: https://www.reddit.com/user/WeeMat/
Bitcointalk: https://bitcointalk.org/index.php?topic=5219707.0

--

--

WeeMat

The weeGroup is an operative group of 12 companies owned by the Swiss Fintec Invest AG The wee ITO is conducted by the weeNexx AG. weemat.io