PointsPay(R) Launches First Mobile-Based Wallet to Convert Loyalty Points and Miles Into Cash

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  1. sobore
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    sobore Gold Member

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    PointsPay, Inc., a company that offers a mobile wallet and payments solution for leading loyalty programs, has launched its PointsPay mobile app, the world's very first mobile-based wallet for redeeming loyalty points and miles at the point of sale (POS). Part of Loylogic, a leader in loyalty e-commerce and e-payments solutions, PointsPay is set to change the way loyalty program members redeem their points, by giving them the option to convert points or miles into more than 150 currencies, to spend in-store or online at over 30 million merchants worldwide.

    "Millions of consumers participate in multiple loyalty programs, but struggle with lack of options and choice when it comes to redeeming and spending their hard-earned rewards. The ideal scenario is a loyalty solution that allows them to convert their points or miles into any currency, and to use that currency however they want," said Dominic Hofer, Founder and CEO of Loylogic and PointsPay. "PointsPay addresses this need on behalf of loyalty programs and their millions of members."

    Turning Loyalty Redemption into Liquid Currency

    Members of participating loyalty programs can load their points or miles via the PointsPay mobile app, which can be downloaded from iTunes, on to a PointsPay prepaid Visa or MasterCard plastic card or a virtual card. The fully secure mobile wallet features a two-step payment process. Members can select an amount to load onto their virtual or prepaid card, and pay as if using cash, choosing from over 150 currencies, making PointsPay a truly global payment option.

    Read More: http://www.retail-digital.com/press...to-convert-loyalty-points-and-miles-into-cash

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