Industries
Loyalty & Rewards
Get industry-leading card rebates, access to multiple BINs, and streamlined reporting all inside a state-of-the-art user interface.
The problem
The problemMany loyalty and rewards companies use traditional card solutions that are rigid and inflexible; customers want modern options on how to use their rewards.
The solution
The solutionConnexPay’s intelligent purchases routing (IPR) technology allows loyalty and rewards companies to maximize their revenue on virtual card issuance. ConnexPay also offers multiple BINs for BIN rotation optimization.
Here’s how it works
1. A customer receives a virtual card as a reward/incentive.
2. The customer uses the card to make a purchase at an online store. Codes can be added to make the reward unique to a specific merchant.
3. After the payment processes, robust transaction details are available to the loyalty/rewards company in the ConnexPay platform.
4. The loyalty/rewards company earns industry-leading cash rebates on card payments for purchases.
Key benefits
Savings & revenue
- No fees to issue virtual cards
- Dynamic spend controls with each card, such as by amount, date, and more
- Increased revenue through industry-leading virtual card rebates
- Patent-pending intelligent purchases routing (IPR) technology chooses and automatically issues the type of card to provide the maximum rebate
- Access to higher international interchange rates than other providers
Easy to get started
- Rapid implementation with no setup fees
- Easy API documentation
- Make payments in some of the world’s leading currencies, such as USD, EUR, GBP, CAD
- Over 60 BINs available with easy BIN rotation optimization
- Instant virtual card issuance
- Automated reconciliation
