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Boodil Launches Customer Loyalty Scheme

December 2023
5 min read
Boodil Launches Customer Loyalty Scheme

Boodil has launched an innovative customer loyalty scheme designed to reward shoppers who choose open banking payments, driving adoption of this more cost-effective payment method while building lasting customer relationships.

Rewarding Smart Payment Choices

The new loyalty programme incentivises customers to select pay-by-bank options at checkout, creating a win-win scenario where merchants save on transaction fees and customers earn rewards for their payment choices.

How It Works

  • Customers earn points for every transaction made via open banking
  • Points can be redeemed for discounts on future purchases
  • Merchants can customise reward structures to match their business model
  • Integrated seamlessly into the existing Boodil payment platform

Benefits for Merchants

The loyalty scheme helps merchants increase the adoption of open banking payments among their customer base, leading to significant cost savings on transaction fees. Early data shows that merchants using the loyalty programme see up to 40% more customers choosing pay-by-bank options.

Success Story

One e-commerce merchant reported a 35% increase in open banking payment adoption within the first month of implementing the loyalty scheme, resulting in £4,500 in monthly savings on transaction fees.

Boost customer loyalty while saving on fees

Discover how Boodil's loyalty programme can help your business grow.

Learn More