PYMNTS-MonitorEdge-May-2024

loyalty

Loyalty programs are structured marketing strategies designed by merchants to encourage customers to continue to shop at or use the services of businesses associated with each program.

New Report: Aiding Pandemic-Related Financial Hardships Key to Credit Union Member Loyalty
New Report: Aiding Pandemic-Related Financial Hardships Key to Credit Union Member Loyalty
June 30, 2020  |  Credit Unions

Credit union (CU) members are traditionally loyal, but the accelerated shift to digital banking amid the pandemic has led a growing number to consider other...

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Consumers Sour On Travel Rewards Cards
Consumers Sour On Travel Rewards Cards
June 29, 2020  |  Loyalty & Rewards

After spending years fine-tuning travel reward cards, banks have found that the coronavirus pandemic decimated all the effort by reducing the need or will to...

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Why 7-Eleven Is Betting On Voice Commerce To Keep Customers Loyal
Why 7-Eleven Is Betting On Voice Commerce To Keep Customers Loyal
June 26, 2020  |  Voice Activation

7-Eleven rocked the world of customer loyalty this week, which should be no surprise to anyone who has seen Tarang Sethia in action. As the...

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Deep Dive: How FI-FinTech Partnerships Power Businesses’ AP Cost Savings
Deep Dive: How FI-FinTech Partnerships Power Businesses’ AP Cost Savings
June 23, 2020  |  Next-Gen AP Automation

Businesses must purchase various supplies and services to power their operations, but they often find it challenging to manage vendor payments. Large companies may receive...

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How Customer Reviews Provide Lifeblood For Restaurant Operations
How Customer Reviews Provide Lifeblood For Restaurant Operations
June 22, 2020  |  Restaurant innovation

How Customer Reviews Provide Lifeblood To Restaurant Operations Details gleaned online — including menus and reviews — carry a lot of weight when consumers are...

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How Hot Head Burritos Is Addressing COVID-19 By Reassessing Customer Experience
How Hot Head Burritos Is Addressing COVID-19 By Reassessing Customer Experience
June 19, 2020  |  Restaurant innovation

Bringing back guests who’ve had a less-than-satisfactory restaurant experience has taken a whole new level of importance during the COVID-19 outbreak. In this month’s Order...

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How Fake Reviews Undermine Restaurants’ COVID-19 Responses
How Fake Reviews Undermine Restaurants’ COVID-19 Responses
June 15, 2020  |  Mobile Order Ahead

A third of consumers refuse to order from a restaurant that rates less than four stars on online review websites. Too often, unfortunately, reviews listed...

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Blackhawk CEO: How Digital Payments Will Drive New Retail Engagement Models – And Economics
Blackhawk CEO: How Digital Payments Will Drive New Retail Engagement Models – And Economics
June 10, 2020  |  Retail

Motivating a change in consumers or retailers is not always easy work, a reality evidenced by the plodding pace of contactless payments in the U.S....

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What The Restaurant Industry Needs To Serve Up Next
What The Restaurant Industry Needs To Serve Up Next
June 05, 2020  |  Restaurant innovation

The restaurant industry is in a state of massive flux, with almost all on-site dining switched to carry-out as shutdowns in most U.S. states forced...

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