Financial News

Zurich start-up expands cashback ecosystem

By: Prodigy
11/19/2024, Zürich, Switzerland // PRODIGY: Feature Story //

Known as the Swiss market leader in mobile loyalty, poinz has been running an innovative cashback ecosystem in the poinz app for 2 years, which can now also be usedin the web browser at www.poinz.ch and therefore without downloading the app. This allows poinz to offer users an even better shopping experience, whereby they receive a portion of the purchase amount back. Over 2 million cashback transactions have already been processed via poinz and the launch of the web solution paves the way for further strong growth.

Poinz

After a long period of programming and testing, the extension requested by users is finally here: poinz can now also be used in a web browser. “Our users finally no longer have to think about whether to shop on their smartphone or computer,” says Robert Blum, founder and CEO of poinz. Blum: “Our users make larger purchases such as travel, furniture or electronics with their computer/tablet. Now they can also collect cashback easily and automatically using their computer”.

And indeed:

A look at the poinz online store shows that a portion of the purchase amount is refunded for well-known brands such as Apple, H&M, Mediamarkt, Swiss and Zalando.

Anyone searching for any brand can access its online store via poinz and shop/order there as usual. The cashback is then automatically credited to your poinz account in Swiss francs.

Continued focus on growth

poinz intends to further expand its position in the up-and-coming cashback market. Last year, the company recorded over 700,000 cashback transactions and processed more than CHF 40 million. According to Blum, the new web store supports the global goal of being able to process CHF 1 billion in sales via poinz by 2026. Blum: “We will already break through the CHF 100 million platform turnover threshold this year and significantly increase the offering once again”.

Poinz

About Poinz

Founded in September 2012, the Swiss company has become the market leader in mobile loyalty and communication over the past 12 years. poinz stands for innovative, mobile business-customer engagement, where users save money and companies gain and retain customers. poinz has networked around 1500 businesses with over 1,000,000 customers in Switzerland. The company is based in Zurich and employs 19 people.

###

Media Contact

poinz AG 

Robert Blum, CEO 

Manessestrasse 170 

8045 Zürich

+41 44 515 85 60 

robert.blum@poinz.ch




Source: 38 Digital Market News

Release ID: 1196714

Source published by Submit Press Release >> Zurich start-up expands cashback ecosystem


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