|
Home > Rewards Programs
rewards programs
Merchant-Funded Rewards Programs are loyalty programs created to drive consumer purchasing behavior. They allow merchants to build and maintain customer relationships by gathering customer preferences.
Cardholders with rewards average 1.6 additional transactions per month1
Who Benefits from Merchant-Funded Rewards Programs? Everyone.
| Program Providers |
|---|
Potential to grow merchant base
Improved profitability |
| Merchants | Consumers |
|---|
New customers
Repeat customers
Higher spend per transaction |
Ability to earn rewards in addition to (but separate from) financial institution-issued rewards programs |
| Issuers | Acquirers |
|---|
Increased spend
Higher activation
Higher retention
Reduced redemption costs |
Lower merchant attrition
Increased number of merchants
Increased number of transactions |
Golden Retriever Systems (GRS) can assist Merchant-Funded Rewards Program providers with the following:
- Security
- Data Aggregation
- Transaction Qualification
- Program Rules
- Reporting
- Web sites
- and more...
Benefits include:
- Web-based interface for anytime access
- Quick merchant boarding
- Real time information
- Insight into customer buying behavior
Contact us to learn how Golden Retriever Systems can help you grow your loyalty program.
1 TSYS Loyalty market study.
|
Home
