Everything You Need To Know About Pei Clone Development Process
home / blog / Everything You Need To Know About Pei Clone Development Process
Rewards and cashback are the cause of every consumer’s excitement and delight. This has become even more crucial in the eCommerce sphere as consumers often look for such incentives. And if this reward and cashback facility is accounted for with bitcoin or cryptocurrencies, that can be even more beneficial to a certain group of people. An app like Pei clone exactly does that.
Pei App is specialized in providing cashback in the form of crypto coins that too when you are paying to buy your favorite product. If nothing, this app is quite reasonable. The idea of cashback, discounts, and rewards is quite popular and old. The only thing that has changed is that the process has been digitized.
In simple terms, rewards and cashback are popular methods through which a website or application can attract more people to take an interest in their platform. It has been proven that platforms like Pei clone, which includes rewards and cashback at a heavy rate, also have a high customer retention rate.
Developing a crypto coin cashback platform has to go through a few steps. WAnd we at WebRock Media offer Pei clone development services, and we follow the following steps in our app development process.
# Step1
First, you will have to get a domain name for your crypto cashback platform. The domain name will be the identity of your web portal.
#Step 2
Once you have the domain name ready, you will need to start working on the codes or buy a readymade script. The first process will consume some time but allow you to build your website from scratch.
#Step 3
To develop a Pei Clone, you will have to focus on payment mode integration. The cashback, coins, and rewards must be sent through a medium, and the payment mode integration fixes that.
#Step 4
Put all your resources by inviting partners, merchants, business people, and customers who will help steer the app functionality.
#Step 5
Then comes web hosting. It is a storage system for the website to go online and start hosting. How you host your platform determines the rest of the website’s performance. As visitors increase, the cost of website hosting will simultaneously rise.
#Step 6
Once you have integrated the most useful things, it is time to look at the platform’s appearance. The Pei Clone has to be attractive enough to lure in audiences. The design, theme, color gridding, fonts, and overall site optimization are required.
#Step 7
And finally, as all of this has been checked and rechecked for any possible errors, if every report comes back positive, the platform will be quite eligible for a launch.
If you want to launch a Pei clone and tap into the market scope, come to us and discuss your app development requirements. We will analyze your app development requirements and also suggest to you the best app features that you must have to attract customers.
Our dedicated team of app developers will ensure to offer you the best Pei clone app and help you monetize the platform to generate revenues.
What is Pei, and How Pei Clone App Can Benefit You
Pei is a cashback app that allows the app users to earn Bitcoin by making in-store transactions with linked credit and/or debit cards. It also has a cashback shopping portal which customers can access using a Chrome plugin.
Each purchase at a participating retailer earns the app user a certain number of points. Previously, the points could be exchanged for PayPal cash, gift cards, or Bitcoin. But now, they can only be traded for Bitcoin.
Customers can sync their credit and/or debit cards with a card-linked loyalty program and then receive rewards for purchases made at participating merchants. However, customers must activate promotional offers by opening the app and clicking a button each time they shop to earn points.
To link the payment cards of customers, Pei employs a service called Plaid. Many of the world’s top financial organizations, including American Express, Fannie Mae, and Venmo, use and trust this service. Plaid is, in other words, largely regarded as a safe and secure investment.
The amount of cashback a customer receives varies depending on the partner. Each customer will get a list of nearby partnering stores when they download the app and give Pei permission to access their location.
Launching a Pei clone will help you to work on a similar monetization model and generate income through the platform. Get in touch with us today to discuss your Pei clone app development requirements, and we will devise the best plan so that your app platform functions in the best possible way.
You can also inform us if you want us to add any special feature in the app, and we will surely incorporate that feature and allow the app users to get the highest level of UI/UX.
Chronological Workflow Of A Pei Clone
While we are prone to coming across eCommerce and online shopping cashback, it has surely dominated the global market. However, the Pei clone flipped the script by focusing instead on the local vendors and retailers. It does not mean they are not in the global markets, but they also happen to have the advantage of the local market.
Such applications have mastered diverting the audience from popular eCommerce websites to their own. They do this by offering them cashback and rewards for purchasing products from the eCommerce platform, but instead of using their original website or app, they buy it from the cashback apps or websites.
So, as users flocked to such sites for their gain, the demand for such platforms also grew. The workflow of the Pei clone is explained below to understand further how to take part in the development process involuntarily.
Download & Installation
The first step is quite simple, and in 2022, it will be almost a part of our everyday lives. Anyone who uses electronic gadgets, such as smartphones or laptops, will have a clear idea of downloading and installing applications and software. The usual process for android devices is to download the app from the play store. And for Windows devices, you can directly get it from the website. The installation process will automatically commence if not the user has changed some device settings for selective third-party app installation.
Sign Up
Once the user has downloaded and installed the Pei clone, on entering the app, they will be asked to sign up to use the services of the platform. They are usually required to enter their email address or phone number and get it verified and linked as part of the registration process.
Link Bank Account Or Card
As soon as the user signs up, they will be immediately provided with a profile. They will have to fill up necessary info about themselves and their bank account details or card details, for that matter. As it is a rewards and cashback specified app, it needs to be able to send the rewards back to the user account, thus including the bank account.
Product Purchase
Apart from that, the user typically receives cash back for buying a product. So, their payments can also be made from the linked accounts. A Pei clone asks the user to make payments from one of the registered accounts or cards, or the user can enlist a new one at the scene. After the purchase has been completed, the user will receive their reward or cashback directly credited to their account.
Reward System
The app needs to curate a reward system that will be religiously followed during these payments and cashback. Usually, the app allows points to users for purchasing different items. The user stacked these points up together, and once they have enough of them, they redeem the points as crypto cashback.
If you want to start a business based on the Pei clone model and tap into the market scope, come to us and discuss your app development requirements. We will examine your app development requirements and also recommend the best app features that you must have to attract clients.
Our professional team of app developers will ensure to deliver you the best Pei clone app and assist you in monetizing the platform to make money.
Pei Clone Revenue Model
The revenue generation process for a cashback app like Pei clone is quite simple on the surface. Generally, when the user purchases an item by clicking on the link provided by the cashback app; after the purchase has been completed, the eCommerce website gives a certain dividend back to the application for contributing to the sale, and the app gives a small amount back to the user for using their app for purchasing. Other than that, there are a few more ways an app like this can earn some extra revenue.
A cashback platform can charge a hosting fee to retailers if they have a reputation or potential to impact their conversion rates positively. The purchase of a product is conducted through the cashback app, which can be monetized. The Pei clone can charge a transactional fee for every transaction conducted under the platform.
The app can also lease out app space for advertisements. You can allow your retailers to advertise their products in return for some minimal charges. It is a direct revenue option to think about.
Get in touch with us to discuss your app development needs if you want to build a Pei clone and attract your target customers. We will analyze your app development requirements and offer you the right suggestions for incorporating the most important app features to attract clients.
Our professional team of app developers will guarantee that you have the best Pei clone app possible, and we will assist you in monetizing the platform to make cash.
Features To Include On A Pei Clone
Developing the codes and building an app from scratch can be tedious, but the results can be quite accurate and more aligned with your personal choices. However, if time is an important factor to you, there are white-label applications that you can choose. These applications usually have the standard features with advanced features or add-ons to be purchased separately. So, here are a few features that can be commonly found on a typical Pei clone application.
Registration
As mentioned before, the user will have to register themselves onto the application after they have downloaded and installed the app on their device successfully. The process of registration typically includes email and phone number linking.
User Profile
The Pei clone gives the user a personal profile and account that they will have to fill with info and manage now and then. The user profile contains all of the detailed info about the profile holder, and it also holds the individual’s bank account and card details. All this info is subject to change, and the user may have some authority in changing this info, at least partially.
Referral & Earning
The referral and earning process is integrated into the platform at the development time. Under this procedure, users can refer or invite their peers to download the app and join the platform. On every successful referral, the user is further awarded rewards or points. It is useful for the app to reach a new audience using its existing audience strength.
Favorite List
At the end of it all, a Pei clone is essentially linked with the process of eCommerce functionality. Hence, it is quite understandable that the user may like a certain product but does not have the means to acquire it immediately. In that case, they can save the item under their favorite list. This way, they can return the product when they have collected the means to buy it.
Add To Cart
If the user happens to have the money required to buy the product immediately, they can add it to the cart. The cart initially stores every item that the user wants to purchase. It will show the prices, the delivery details, and other info that the user might find useful.
Push Notifications
Whether it is Pei clone or any other application of the time, push notifications have gradually become quite crucial. Every update and notification is sent to the users using the push notification so they can take immediate action.
Cashback Estimator
As a cashback-specialty application, it needs to have a cashback estimator. The cashback estimator automatically calculates the cashback or reward that the user is supposed to receive. So, the user can decide whether to go for the deal or choose any other deal that suits their requirements better.
In-App Wallet
Last but not least, it needs an in-app wallet to conduct all the transactions fruitfully. Using the in-app wallet, the user initially purchases an item, and later the cashback or reward is directly credited to their accounts or wallets, specifically for storing crypto coins.
Contact us to discuss your app development requirements if you wish to create a Pei clone and attract your target market. We will examine your app development needs and provide you with options for implementing the most significant client-attractive app features.
Our experienced app development team will ensure that you have the best Pei clone app, and we will aid you in monetizing the platform so that you can earn money.
Bottom Line
WebRock Media is a reputed name in the app development industry with a long list of satisfied clients. We offer dedicated services and make sure that each app development project is a success with us. No matter what your app development requirement is, we will always come up with the best solution and make your project a success.
If you choose a white-label app script for Pei Clone, you can surely find it online. You will have to look at all the factors that we have mentioned above in the article. Above, all the scripts should be customizable to make changes along the way.
I hope you enjoy reading this blog post.
Would you like to get expert advice? Schedule a Call
About Webrock Media
Webrock Media comes with an incredible team of website and mobile application developers who can customize the perfect solutions to transform your business. We think ourselves to be an ideal ‘Technology Simplified Destination’ as we know how to perfectly merge creativity and programming to build robust websites for our clients.