What's New in Payments

PepsiCo unveils customer loyalty programme that delivers cashback rewards to PayPal and Venmo accounts

Bag of Lay's crisps and a smartphone with code printed over top

PepsiCo has launched a loyalty programme that lets customers use their mobile phone to scan a code printed on drink bottles and snack bags to earn 10% cashback each time they buy both a drink and a snack — and receive their rewards as an automatic credit to their PayPal or Venmo account each time their balance reaches US$2... More



What's New in Payments

Lloyds Bank to pay retailers to offer cash withdrawals to customers

Lloyds Banking Group announces pilot scheme to boost the number of retailers offering cashback — Lloyds Banking Group — “There are tens of thousands of local high street shops which have the infrastructure in place to offer a cashback service but may not see it as a viable option — especially without a purchase — as they do not receive a fee for providing cashback… We need to make it more viable for them [to] offer cashback to all customers, whether making a purchase or not.”



What's New in Payments

Samsung Pay adds cashback deals ‘from leading retailers’

A more holistic mobile shopping experience with Samsung services — Samsung — “In the new Cash Back section of the Samsung Pay app’s home screen, users will find a range of exclusive offers from leading retailers. When they click on the offer they want and complete a purchase through the participating merchant, the user will receive a percentage back on their purchase which they can then spend toward a purchase — anywhere they use Samsung Pay.”


What's New in Payments

Chase offers 5% cash back on payments made with mobile wallets

Chase Freedom adds new mobile wallets category to 5% cash back rewards for first quarter — Chase — “Cardmembers can earn 5% cash back on up to $1,500 in combined purchases in quarterly categories during the first three months of 2018, including purchases they make with the card in four mobile wallets. For the first time ever, cardmembers will earn the extra rewards through this new offer when using the following mobile wallets: Chase Pay, Apple Pay, Android Pay, Samsung Pay.”


What's New in Payments

Indian government sets out plans to make digital payments ‘visibly cheaper’ than cash

Govt to incentivise online payments to push digital transactions — Hindustan Times — “The incentives could include cashbacks and reward points for BHIM users… The note presented last week by the ministry of electronics and information technology to Parliament’s standing committee on finance detailed a five-step road map to push e-transactions. ‘Digital payments to be made visibly cheaper than cash,’ the note said.


What's New in Payments

Discover lets cardholders redeem cashback bonus points via Apple Pay

Discover cardmembers now have ability to redeem Cashback Bonus rewards with Apple Pay — Discover Financial Services — “‘Cashback Bonus redemption through Apple Pay can happen in just two touches for Discover cardmembers,’ said Szabolcs Paldy, vice president of e-business for Discover… ‘Customer experience hinges on embracing mobile-first technologies like Apple Pay, and this new ability will make Cashback Bonus redemption even easier and more convenient for our cardmembers.’”












Feed for stories about Cashback.