The Product: The Cashback-based loyalty program
The Problem: You wish to attract more customers to your products/services or to a payment system.
The Solution: The cashback-based loyalty program that allows customers to receive a determined percentage of cash back from each purchase.
- The cash back can be used by payment systems that have merchants onboard, setting a different number of cashback for each particular merchant OR
- Percentage of Cashback can be set for all purchases made within the payment system.
- User registers in the system (payment system or E-wallet).
- User buys goods or services from the Merchants or members of a cashback program.
- System transfers a cashback to User’s account, according to the cashback profiles created for each Merchant.