Nudge theory

Women Intend to Shop Online and Mobile More this Holiday Season With the Belief Normalcy Will Not Return Until 2022 or Later

Retrieved on: 
Tuesday, October 27, 2020
Women, Finance, Professional services, Technology, Online Retail, Consumer, Mobile, Wireless, Retail, Marketing, Merchandising, Loyalty program, Nudge theory, Pricing, Retail, Contactless, Online shopping

The research also outlines female consumers desire for retailers to offer a flexible array of payment options, with online, mobile and contactless dominating their preferences.

Key Points: 
  • The research also outlines female consumers desire for retailers to offer a flexible array of payment options, with online, mobile and contactless dominating their preferences.
  • Respondents listed convenience as the top reason to shop online, followed by safety and selection.
  • Loyalty programs are important to women, with 88 percent indicating they would choose a brand with a loyalty program over a similar one without.
  • daVinci is owned by Syncapay, a holding company, Investing in The New Frontier of Payments.

Choice Privileges Launches New Weekly Sweepstakes for a Chance To Win an All-Inclusive AMResorts®-Branded Property Vacation

Retrieved on: 
Thursday, October 22, 2020
Payment systems, Economy, Money, Loyalty program, Nudge theory, Pricing, Gift card, Everyday Rewards, Prepaid card, Microeconomics

Each winner will also receive a $1,000 prepaid card to use at their discretion on the trip.

Key Points: 
  • Each winner will also receive a $1,000 prepaid card to use at their discretion on the trip.
  • Additionally, one grand prize winner will be selected to receive a four-night stay for four guests at a Dreams Resort & Spa property and a $2,000 prepaid gift card.
  • To gain additional daily entries, as well as view the latest offers and promotions, registrants can visit ChoiceHotels.com/deals .
  • The award-winning Choice Privileges loyalty program offers members benefits ranging from everyday rewards to exceptional experiences.

FIS Adds Walgreens to Growing Roster of Merchants and Retailers Tapping into the Power of Premium Payback

Retrieved on: 
Wednesday, October 21, 2020
Technology, Other Retail, Banking, Other Technology, Professional services, Convenience store, Software, Retail, Data management, Marketing, Loyalty program, Nudge theory, Pricing, Premium, fis, Walgreens

FIS (NYSE: FIS) has announced the addition of Walgreens to its growing list of merchants and retailers using Premium Payback, the companys real-time rewards redemption network.

Key Points: 
  • FIS (NYSE: FIS) has announced the addition of Walgreens to its growing list of merchants and retailers using Premium Payback, the companys real-time rewards redemption network.
  • Walgreens is one of a growing number of merchants to offer its customers the opportunity to take advantage of this service, joining companies like Paypal, Shell and BP who are already a part of the FIS Premium Payback ecosystem.
  • With FIS Premium Payback, Walgreens customers will be given the option to pay with points at the point-of-sale after theyve dipped, swiped or tapped their eligible card.
  • Thousands of financial institutions representing more than 7,000 card loyalty programs are enrolled in the FIS Premium Payback ecosystem with up to 37 million eligible cardholders.

PDI Releases 2020 Study Revealing the Impact of COVID-19 on Loyalty Programs and Rewards Currencies

Retrieved on: 
Tuesday, October 13, 2020
Retail, Technology, Convenience store, Oil, Gas, Energy, Software, Articles, Loyalty program, Nudge theory, Pricing, Loyalty

The 5th annual report looks at COVID-19's impact on loyalty programs and examines the considerable shift in U.S. consumer preferences since last years report.

Key Points: 
  • The 5th annual report looks at COVID-19's impact on loyalty programs and examines the considerable shift in U.S. consumer preferences since last years report.
  • It also highlights what consumers found valuable in their rewards programs and suggests ways businesses can pivot their loyalty programs to successfully navigate these unprecedented times.
  • Key findings from the 2020 Road to Rewards Report:
    Loyalty is an effective tool for engaging consumers, even during a pandemic: 95 percent of decision-makers said their companies have loyalty programs.
  • PDI owns and operates the Fuel Rewards loyalty program that is consistently ranked as a top-performing fuel savings program year after year.

Affinity Capital Exchange Announces Strategic Agreement With J.P. Morgan to Enhance Value of Loyalty Programs

Retrieved on: 
Thursday, October 1, 2020
Technology, Finance, Air, Transport, Banking, Other Technology, Professional services, Transportation, Lodging, Travel, Articles, Financial services, Economy, Loyalty program, Nudge theory, Pricing, Financial technology

Affinity Capital Exchange (ACE), a fintech innovator in the loyalty finance space pioneering a new class of loyalty points, today announced that it has entered into an agreement with J.P. Morgan (NYSE: JPM).

Key Points: 
  • Affinity Capital Exchange (ACE), a fintech innovator in the loyalty finance space pioneering a new class of loyalty points, today announced that it has entered into an agreement with J.P. Morgan (NYSE: JPM).
  • Leveraging ACEs proprietary technology, J.P. Morgan will offer clients a new way of securing and enhancing loyalty financing by using standardized loyalty points, known as Reserve Points.
  • Airlines, hotels, and other loyalty operators will now be able to strategically utilize the value of loyalty programs to raise capital from lenders, institutional investors, and operating partners.
  • Based in New York City, Affinity Capital Exchange (ACE) is a fintech innovator in the loyalty finance space.

Mistplay ranked 4th fastest growing company in Canada

Retrieved on: 
Friday, September 25, 2020
Loyalty program, Nudge theory, Pricing

Mistplay empowers millions of people to earn loyalty rewards by playing mobile games through its Android app.

Key Points: 
  • Mistplay empowers millions of people to earn loyalty rewards by playing mobile games through its Android app.
  • Launched in 2019, the Canada's Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada.
  • "Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers."
  • Millions of players around the world use Mistplay daily to discover new games and get rewarded while playing.

Netherlands $2.64 Bn Gift Card and Incentive Card Market to 2025

Retrieved on: 
Wednesday, September 23, 2020
Payment systems, Money, Economy, Finance, Exonumia, Loyalty program, Nudge theory, Pricing, Gift card, Incentive program, Blackhawk Network Holdings

Historically, the gift card market in Netherlands has recorded a steady growth with a CAGR of 11.6% during 2015-2019.

Key Points: 
  • Historically, the gift card market in Netherlands has recorded a steady growth with a CAGR of 11.6% during 2015-2019.
  • However, According to the Q2 2020 Global Gift Card Survey, gift card market in Netherlands is expected to be impacted across retail and corporate segments due to disruption caused by Covid-19 outbreak.
  • Corporate incentive & loyalty cards: This report provides detailed market dynamics of corporate incentive cards, broadly segmented in three categories - consumer incentive card, employee incentive card, and sales/partner incentive card.
  • It also includes gift card spend by occasion (retail - festivals & special celebration days, milestone celebration, self-use, other; Corporate incentive cards -consumer incentive card, employee incentive card, and sales/partner incentive card).

More rewards and benefits for Canadians who register and link their Tims Rewards cards

Retrieved on: 
Wednesday, September 23, 2020
Loyalty program, Nudge theory, Pricing, Woolworths Group, Payment systems, Economics, Economy, Draft:Everyday Rewards, Everyday Rewards

It's quick and easy to register and link a Tim Rewards physical card to a digital account and begin taking advantage of all the benefits of the program that are reserved for registered members.

Key Points: 
  • It's quick and easy to register and link a Tim Rewards physical card to a digital account and begin taking advantage of all the benefits of the program that are reserved for registered members.
  • "We have kept the registration process for Tims Rewards very simple, all you need to do is go to our website or download our app, register, and link your physical Tim Rewards card to a digital account by providing an email address.
  • By asking Tims Rewards members to register and link their physical cards, our loyalty program can become better at providing them with a personalized experience including exclusive offers and promotions, which many members have told us is really important for them.
  • Tim Rewards physical cards will continue to be scanned in restaurants a smartphone is not required to take advantage of Tims Rewards as a registered member.

QuickChek Rewards Launches on Paytronix Platform

Retrieved on: 
Tuesday, September 22, 2020
Mobile applications, Online food ordering, Marketing, Loyalty program, Nudge theory, Pricing, DoorDash, Companies

QuickChek Rewards is available through the Paytronix-powered QC Mobile App, which went live early in 2020.

Key Points: 
  • QuickChek Rewards is available through the Paytronix-powered QC Mobile App, which went live early in 2020.
  • QuickChek Rewards is helping with our goal to understand what is meaningful to our customers in their daily lives.
  • Paytronix integrated QuickChek Rewards with the companys existing order-and-delivery platform, mobile app, and POS system.
  • Looking to make a difference in peoples everyday lives, QuickChek enables consumers to choose their convenience and shop in-store, on the QuickChek Mobile App, through Curbside Pickup, delivery through DoorDash, as well as enjoy savings through the QuickChek Rewards loyalty program.

Reward and Collinson Valuedynamx Join Forces to Deliver Personalised Card Linked Offers Across the Middle East

Retrieved on: 
Tuesday, September 22, 2020
Loyalty program, Nudge theory, Pricing, Insurance, Gavin Dein

The agreement will see Reward provide PCLOto Valuedynamx clients loyalty programmes across the Middle East and additional markets across Europe including France and the Netherlands.

Key Points: 
  • The agreement will see Reward provide PCLOto Valuedynamx clients loyalty programmes across the Middle East and additional markets across Europe including France and the Netherlands.
  • In the UK, Reward provide Valuedynamx with personalised in-store offers from over 30 global retailers for multiple clients.
  • Collinson is a global organisation focused on helping clients acquire, engage and retain customers through specialised areas of delivery including Valuedynamx, Travel Experiences, Insurance, and Assistance.
  • Colin Evans, Founder and Chairman of Collinson said,"I've known Gavin for a long time and seen his business grow from a sports loyalty business to a global leader in Personalised Card Linked Offers.