LONDON, April 26, 2017 /PRNewswire/ --
Cementing its position as a leading innovator within the UK's cashback market, digital gift card platform Reward Cloud has announced a major new partnership with TopCashback, the UK's most generous cashback site.
Thanks to Reward Cloud's unique interface and real time processing, TopCashback members will now enjoy a more streamlined experience if they chose to payout their cashback as a digital gift card, ready to spend with one of TopCashback's many merchant partners.
Members paying out via the new digital gift cards will now also receive a bonus of around 10% of their cashback, offering more choice and value. This will give customers even more incentive to use cashback sites when they spend online. TopCashback's partners will also benefit from revenue and sales being driven straight back to them.
Graham Jenner, Partnerships Director at TopCashback said; "TopCashback has offered bonuses on gift card payouts for longer than five years now, and we are taking this step so it is even easier for our members. We wanted to complete the cashback loop so that members could earn cashback on the money they have already saved using TopCashback. We are pleased this new partnership allows our members to maximise their savings even more."
Gareth Gillatt, CEO and Co-Founder of Reward Cloud, adds; 'We are delighted to be working with TopCashback and this new partnership is further proof that during exciting times in the gift card market, Reward Cloud continues to be committed to offering businesses new, innovative ways to attract and retain customers - and crucially increase revenue.'
About Reward Cloud:
A unique proposition in the digital gift card sector, Reward Cloud is championing the use of digital gift cards and opening up new sales and distribution channels. Working through one simple API connection to generate and send digital gift cards to recipients on demand and in realtime, Reward Cloud is a technology platform fast becoming integral to any gift card programme.
TopCashback is the UK's most generous cashback shopping site; it offers people savings and money back on everything they buy when clicking through the site to the 4,650 retailers available. Rates vary from merchant to merchant, but on average members can earn 7.5% of their money back on purchases. Members on average earn £325 a year on their spending by using TopCashback, no catch.
Established over 10 years ago, the site now has over six and half million members. The money retailers pay TopCashback for its members sales, is fully passed back to members and is also supplemented with an additional 1% for Classic members and 5% for Plus members, meaning they receive between 101% and 105% of their cashback.
SOURCE Reward Cloud