Wildfire’s platform will allow Visa card issuers to deploy on-line buying rewards packages as a profit to their cardholders
SAN DIEGO, Oct. 11, 2022 /PRNewswire/ — Wildfire Systems immediately introduced it has partnered with Visa, the world chief in digital funds, to launch the brand new Visa Affiliate Marketing Solutions (VAMS) program. Wildfire’s revolutionary monetary expertise platform will energy Visa’s VAMS program, offering the corporate’s huge community of card issuers with a wealthy set of advantages they’ll ship to shoppers with probably the most superior and complete buying rewards resolution available on the market immediately.
Visa’s VAMS providing will allow issuers to present cashback rewards, coupons, and different advantages to cardholders once they store at 1000’s of on-line retailers. The program is on the market to Visa’s issuer purchasers all through the globe, supported by Wildfire’s in depth protection of over 50,000 service provider packages in 55 international locations. By extending cashback and reductions to cardholders, Visa and its issuers at the moment are ready to assist shoppers save and earn cash once they store, which is very necessary and well timed given the latest spike in inflation. In addition to driving buyer loyalty and retention, issuers of each credit score and debit playing cards will profit from new income sources pushed by merchant-funded rewards.
The program is a win-win-win for card issuers, which might construct a brand new income stream and improve buyer retention, in addition to cardholders who will save and earn cash. Retailers will even profit from elevated gross sales conversion charges and increased common order values.
“Despite excessive inflation, ecommerce continues to develop as shoppers store on-line to discover the most effective gives and offers to offset increased costs. Visa acknowledges that greater than ever, rewards packages present a aggressive benefit to their issuers and are anticipated by savvy shoppers with years of comparability buying expertise,” stated Jordan Glazier, CEO, Wildfire Systems. “We are very excited to companion with Visa to carry a white-label, turnkey rewards resolution to the market for their card issuers, serving to Visa lengthen their VAMS program to their companions worldwide, offering a income increase to retailers and value financial savings to shoppers consequently.”
Wildfire’s expertise supplies shoppers with extra methods to lower your expenses and earn cashback on any cell system or desktop pc, giving Visa card issuers a extremely efficient buyer acquisition technique that has been confirmed to increase retention and model loyalty.
“It has at all times been a precedence for us to present our issuer companions with the instruments they want to achieve success,” stated Tad Tilahun, Head of Payment Platforms, Visa. “This collaboration with Wildfire will give our companions a easy and sturdy reward resolution that seamlessly expands their shopper engagement alternatives.”
Wildfire’s enterprise platform permits monetary establishments, telecom, and expertise firms to deploy turnkey rewards packages with a set of choices together with cashback, coupons, and buying assistants throughout all cell and desktop interactions.
For extra info on Wildfire Systems’ white-label rewards platform and international service provider community, please go to https://www.wildfire-corp.com.
About Wildfire Systems, Inc.
Wildfire Systems supplies an enterprise platform which permits purchasers to embed social commerce, cashback rewards, digital coupons, and buying companions inside their present providers. Wildfire’s patented suite of applied sciences rewards on-line buying and harnesses digital word-of-mouth, delivering enhanced person experiences, shopper loyalty, and new income streams for purchasers. Wildfire drives incremental income for over 50,000 on-line service provider packages in over 50 international locations. The firm is predicated in San Diego and was based in 2017. For extra info, go to www.wildfire-corp.com.
SOURCE Wildfire Systems
https://www.prnewswire.com/news-releases/wildfire-systems-to-power-new-loyalty-and-rewards-program-for-visas-global-network-of-card-issuers-301645469.html
