3.32 billion members
Changing rules:Different rules and frequent changes across programs
Difficult to redeem:Most members don’t think it’s worth their time
Siloed systems:The points aren’t interoperable between programs
Increasein customer dissatisfaction and lack of engagement
Greaterfinancial liabilities and lower profits for issuers (IFRS 15)
33% of rewards unclaimed, amounting to $16 billion US*
Secured transactions: Mobile, secured, and contactless pay functionality.
Instant reward redemptions: Reward and cash back redemptions across various programs instantly via a mobile app.
Manage multiple memberships: Ability to be freely traded for other assets within the ecosystem.
Introducing REM. An interoperable loyalty rewards token, market and wallet built on the Stellar Blockchain. Features include:
A platform to promote liquidity and inter-program exchange
Mobile, secure way to manage and spend your reward points
Issuers face challenges in keeping up with consumer demands for more value and ease of use. In addition, unredeemed loyalty rewards represent a significant potential liability for their balance sheets.
By being a part of the REM ecosystem, issuers can:
Start Me Up Coffee
Start Me Up Coffee is a high end coffee shop that has introduced a customer loyalty program to incentivize customers and build a community of loyal coffee drinkers. However, SMU’s customers are not very active participants in the program for a number of reasons. One, customers often don’t remember to bring their membership cards with…
Use your loyalty rewards to shop anywhere in the world: Crypterium partners with REM Loyalty.
30 March 2018. REM Loyalty has entered into a strategic partnership with Propy.
We love what Propy is doing with the Blockchain and real estate sales.
Like RentalMiles, they’re bringing great tech and brilliant ideas to the real estate industry.