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One of the biggest threats challenging the exponential growth of the virtual economy is online security. Online money scams have become a regular feed for dailies across the world. Money frauds, phishing attacks and unauthorized access are hampering online business transactions worldwide as well as shrinking the benefits of the e-commerce industry. To resolve such fundamental issues is primal to the concept of iSLYE, a next generation revenue sharing application.

iSLYE is an advanced online business networking platform that provides simplified solutions to entrepreneurs, investors, consultants, service providers and suppliers with global or territorial reach. While enhancing coordination and interaction between different business participants in a network, iSLYE offers a safe and secure revenue sharing application to eliminate the risk of online money scams. With the application, the sales revenue generated from the value chain network is distributed among business participants automatically, based on predefined terms and conditions. The formula to revenue sharing can be defined by the administrator of the value chain based on specific business requirements. This approach gives complete flexibility in terms of setting up an automated revenue sharing system. The revenue share of each participant is distributed to their respective accounts via PayPal. Unlike escrow funds or bank holding, this model facilitates instant sharing based on performance.

Why PayPal?

One of the pioneer online transaction platforms, PayPal boasts of credibility and security to millions of users worldwide. It allows users to connect their credit card or bank accounts to PayPal in order to send or receive online payments. It employs SSL (Secure Sockets Layer) encryption technology to secure all the transactions made through the PayPal online payment gateway. Being a global leader, PayPal respects users’ privacy and offers maximum protection against online fraud. By integrating the PayPal payment gateway for online transactions, iSLYE guarantees a secured business environment.