Inside the Logic of Wallet-Based Payment Systems
Wallets aren’t just databases — they are financial ecosystems.
A true wallet processor must handle:
- Account creation
- KYC verification
- Balance tracking
- Multi-currency support
- Transfer logic (user ➜ user or ➜ merchant)
- Withdrawals + top-up management
PayFlex™, built by PayEngineers, includes:
- Token-based transaction flow
- Modular dispute engine
- Role-based admin panels
- Audit-friendly reporting
Wallets allow platforms to create internal financial independence — and user stickiness.
