Technology: Pepsi's loyalty program puts cash in your Venmo account - PressFrom - US
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TechnologyPepsi's loyalty program puts cash in your Venmo account

16:41  12 september  2019
16:41  12 september  2019 Source:   engadget.com

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Do you wish soft drink makers would stop using point systems for reward programs and simply give you cold, hard cash? You're about to get your wish... in a manner of speaking. Pepsi is launching a PepCoin loyalty program that rewards you for buying both a single-serve beverage and a Frito-Lay snack by sending money to PayPal and Venmo accounts. If you scan enough codes on bottles and bags, you'll receive a little bit of cash. You'll have to earn $2 before it goes to your account, but this is real spending money -- you can use it to pay your share of last night's pizza.

Pepsi's loyalty program puts cash in your Venmo account

The beverage behemoth tells Engadget this is a permanent program. You won't be under pressure to have soft drinks and chips at every given opportunity, even if there will undoubtedly be an incentive to pick them when you're satisfying a craving at the convenience store.

Venmo can instantly transfer money to your bank account

Venmo can instantly transfer money to your bank account Venmo's instant transfers are no longer limited to sending money to debit cards. The PayPal-owned service now permits transferring money immediately to linked bank accounts. It still incurs the same 1 percent fee with a minimum 25-cent transfer cost and a maximum $10 outlay. If you can tolerate that, though, it might just save your hide if you're running low on funds or just want assurances that money is sitting in your bank account. This should be generally available in the "coming weeks," and free bank transfers are still available if you're willing to wait the customary one to three business days. There's certainly no mystery as to the strategy here.

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Chipotle New Loyalty Rewards Program Chipotle launched their new loyalty rewards program today! https Expired - Chipotle Venmo Giveaway In addition to the loyalty rewards, on 3/12-3/15 Chipotle is teaming Chipotle Buy one get one free when put on soccer youth jersey - labor day weekend 2019.

This is definitely an uncommon promo, and reflects how online payments have grabbed a foothold. It's certainly easier than converting points or asking stores to pay customers. The question is whether or not people will embrace the program in large numbers. In some ways, this is an experiment to see just how much the snack-seeking crowd appreciates digital money.

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usr: 4
This is interesting!