PYMNTS-MonitorEdge-May-2024

loyalty rewards

Loyalty programs offer rewards, discounts, or other special incentives and are designed as a reward for a customer's repeat business. Some rewards are earned and others are unlocked when signing up or referring a friend.

As Prices Rise, Restaurants Reevaluate Free Food Loyalty Incentives
As Prices Rise, Restaurants Reevaluate Free Food Loyalty Incentives
August 29, 2022  |  Loyalty & Rewards

Amid ongoing food price inflation, many restaurants are finding that their loyalty programs are their best tool to combat trade-down to grocery, enabling them to...

READ MORE >
Nordstrom and Macy’s Lean Into Personalization to Lock In Shopper Loyalty
Nordstrom and Macy’s Lean Into Personalization to Lock In Shopper Loyalty
August 24, 2022  |  Retail

Finding a bright spot in the parade of dim second-quarter earnings reports from major retailers is difficult, however, the common thread of hope is a...

READ MORE >
IHOP Announces Xbox Rewards as Restaurants Explore Cross-Brand Loyalty
IHOP Announces Xbox Rewards as Restaurants Explore Cross-Brand Loyalty
August 23, 2022  |  Restaurant innovation

As restaurants work to drive frequency and build brand affinity, many are looking to reward consumers with deals and perks that extend beyond their menus....

READ MORE >
Mercado Libre’s New Crypto Raises More Questions Than Answers
Mercado Libre’s New Crypto Raises More Questions Than Answers
August 19, 2022  |  Cryptocurrency

The Mercado Coin announced Thursday (Aug. 18) by Latin American eCommerce giant Mercado Libre may be a digital currency issued on the Ethereum blockchain, but...

READ MORE >
MercadoLibre Launches Cryptocurrency in Brazil
MercadoLibre Launches Cryptocurrency in Brazil
August 18, 2022  |  Cryptocurrency

Latin American eCommerce giant MercadoLibre has launched a cryptocurrency known as MercadoCoin, which it will roll out in Brazil in connection with its loyalty program....

READ MORE >
Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
August 18, 2022  |  Retail

Bath & Body Works will cut 130 jobs — mostly leadership roles — in what the personal care and fragrance brand called an effort to...

READ MORE >
London FinTech Super Payments Intros Waitlist for Shoppers Ahead of Launch
London FinTech Super Payments Intros Waitlist for Shoppers Ahead of Launch
August 17, 2022  |  Payment Methods

Fresh on the heels of an estimated $30 million funding round, London FinTech Super Payments has introduced a waitlist for shoppers to access its cash...

READ MORE >
The Data Point: Bundled Banking Beats Multiple Accounts and FIs for 57% of Consumers
The Data Point: Bundled Banking Beats Multiple Accounts and FIs for 57% of Consumers
August 15, 2022  |  Banking

Choice and optionality are wonderful, but in some cases, consumers prefer dealing with one financial institution (FI) for more of their needs in order to...

READ MORE >
As Consumer Spending of Crypto Grows, BitPay Launches Cash Back Rewards
As Consumer Spending of Crypto Grows, BitPay Launches Cash Back Rewards
August 10, 2022  |  Loyalty & Rewards

A benefit often available to consumers who use traditional forms of payment is also available to those who use cryptocurrency. Serving the growing number of...

READ MORE >