Australian digital wallet and payments app Beem It, part of the eftpos group, has launched a new rewards feature that allows small businesses to create custom rewards and offers including cashback options. Paired with the map view feature that allows customers to discover participating small businesses and explore their custom offers, Beem It is making engaging customer reward programs accessible to even the smallest business.
Beem It is a social spending platform that provides Australian customers and businesses with a simple way to pay and get paid. Since launching in 2018, the Beem It app has obtained more than 1.5 members with 200M connections.
Beem It Chief Executive Mark Britt said “The rewards landscape was going through significant change and was set for a big shake-up with the new Beem Rewards program. The new feature is primed for released in the first quarter of 2022 and allows small retailers to create tailor-made offers for their customers through Beem”.
Small businesses wanting to sign up for a trial can do so by visiting: https://www.beemit.com.au/beemrewards
“Beem Rewards is a major new capability that propels the much-loved local digital wallet well beyond its renowned core social payments functionality – like splitting bills, keeping shouts civil and paying back mates. It helps consumers that opt in to support Aussie businesses and potentially get something back in return” continued Mark.
“After two really tough years, Aussies understand it’s time to back local businesses. Beem Rewards gives businesses a potent new platform to connect with customers and foster better understood relationships” added Mark.
The Beem Rewards feature is built around better experiences for both customers and merchants alike, via offers tailored from both ends to achieve a great fit. Cash Rewards funds return to a “jar” within a participating customer’s wallet which can be cashed out to a nominated debit card*.
* Terms and Conditions apply. Beem Rewards do not have any monetary value. Any value assigned and redemption is at the sole discretion of Digital Wallet Pty Ltd. There is no entitlement to Beem Rewards and Beembucks until Digital Wallet has notified the user that their Beem Rewards have a value, the user has accumulated more than AUD$10 in Beembucks notified value and the user has requested redemption, provided Digital Wallet has not given notice cancelling the Beem Rewards Program before that time. No personal circumstances have been taken into account in preparing this article. Consider the PDS when deciding whether to acquire or continue to hold this product. Visit www.beemit.com.au to access the products disclosure statement and Beem Rewards terms and conditions.
The Product Disclosure Statement is available at https://docs.beemit.com.au/terms and the Beem Rewards terms and conditions are available at https://docs.beemit.com.au/beem-rewards-terms.pdf