Pineapple World's circulatory system is PNPL cashback loyalty points.
We give 65% profit earned from telecoms back to users and merchants.
Each PNPL point is presently worth one US dollar.
PNPL points are not a crypto coin or token.
PNPL points can be earned by using Pineapple to recharge prepaid mobile minutes. Pineapple app is now connected to 907 mobile network operators in 156 countries.
PNPL points can be utilized to:
- buy airtime
- make other purchases
Note: Users recharging minutes presently on the Pineapple website, who are not already on Pineapple's whitelist, are being added to the beta release waitlist for full access to their PNPL points balance earned.
PNPL CRYPTO TOKEN
A future crypto version of PNPL is possible. A token 'wrapped' to a regulated stablecoin with compliant custody.
PNPL token's purpose is to be a fast and safe transaction system for non-technical, prepaid mobile users around the world, including low-income, low-literate users.
PNPL can peg to a stable asset, so there are no extraordinary fluctuations in the value of PNPL after a consumer has 'earned' it.
4.5 billion prepaid users spend $650 billion a year on loading prepaid phone minutes. For users in developing countries, a passive earning opportunity in a foriegn asset stronger than their own currency or economic condition, is a strong value proposition.
For countries where regulations do not allow crypto currencies, PNPL will only be available as loyalty points within the Pineapple application.