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poinz launches Swiss cashback currency "Swiss Loyalty" 

Friday 22 April 2022 11:34 CET | News

Switzerland-based fintech poinz has announced updating its poinz app to offer customers a cashback ecosystem with which they can collect money directly in the app when paying. 

To this end, poinz is launching its own means of payment and is also the first customer loyalty program to be integrated into all Worldline payment terminals. With “Swiss Loyalty”, poinz is launching a cashback solution with which money can be collected directly in the poinz app.

The company works closely with Swisscard AECS and issues "Swiss Loyalty Cards" (free credit cards) with which users can collect cashback worldwide. The cashback balance is updated daily in the poinz app. According to a Visa representative, users can pay securely at over 100 million merchants in over 200 countries and regions with the poinz Swiss Loyalty Visa Card. The cashback program from poinz offers cardholders real added value for everyday purchases.

With poinz’s partner, the cashless payments provider Worldline, the company’s products are integrated into most payment terminals in Switzerland. Swiss Loyalty users can automatically collect cashback from local Swiss Loyalty partners such as Orell Füssli or Subway with all credit and debit cards, Maestro or Twint. Furthermore, poinz has activated over 80 online shops in the poinz app. Users can transfer the collected cashback credit directly to their bank account or redeem it in the newly launched poinz app gift card shop.


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Keywords: expansion, product upgrade, cashback, credit card, payment processing
Categories: Banking & Fintech
Companies: poinz
Countries: Switzerland
This article is part of category

Banking & Fintech

poinz

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