New U Life, a health and wellness direct selling company known for its SomaDerm gel, debuted a new internal financial platform, UWallet. This financial management app features real-time updates and access to distributor tools and resources all in one location.
“We designed the UWallet application to make life easier for all our members,” said Ryan Linton, Chief Administrative Officer. “The platform primarily centralizes information concerning accumulated commission amounts and makes payouts and purchases seamless. Weekly, earned commissions are added to personal accounts, which then can be transferred to a private bank after two business days.”
UWallet is a collaborative effort that involved contributions from all departments of the company, and was created to be more secure for distributors than a physical credit or debit card, which can be stolen. The entirely digital transaction experience requires unique validation for each user account and comprehensive measures that keep sensitive banking information safe.
“Alternatively, the built credit can be redeemed for New U Life products, and you can split order payments between methods if you don’t have quite enough commissions built up to cover the entire order amount,” Linton said. “We’ve even added a feature to allow for users to use their funds on products for new members in their team, and hope this element will help foster a social and supportive community between distributors. There’s so much to be excited about with the UWallet, and we are proud to announce its availability.”