Fintech leader debuts virtual prepaid incentive rewards stored in phone and activated instantly upon the completion of a desired behavior(daVinci Payments)
daVinci Payments announced the launch of Payment Accelerator, an industry-first loyalty and acquisition engine that boosts engagement through texted virtual payment offers. Payment Accelerator sends mobile opt-in contacts a link to a virtual prepaid card with a personalized text offering. The funds are stored in the phone and activated instantly in an app-like experience upon the completion of desired actions like test-drives, auto maintenance, research studies, ordering food delivery, vacation rental or gig work participation.
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“Any company that accepts card transactions can launch a Payment Accelerator campaign and get their promotions to market faster, more affordably and ultimately accelerate traffic and the reward delivery to their customer. It’s a win-win for everyone”
daVinci will host a demo webinar on Tuesday, August 18, 2020, at 3:00 p.m. ET/2:00 CT/1:00 MT and 12:00 PT with sign up here and will share insights from its recent national study, The Future of Payments, which found smartphone shopping and payments are now used by the majority of all generations to shop and pay. Payment Accelerator addresses those behavioral shifts with a platform that provides significant increases in engagement compared to less effective—and often costly campaigns—such as paper coupons, mailers, point of sale programming and even email.
“More than ever, brand marketers are looking for smart ways to stretch their budgets while driving greater success in their campaigns,” explained Rodney Mason, daVinci Payments CRO. “Putting a virtual reward in hand is an unmatched enticing offer, and delivering it through a text gets more opens and engagement than email,” Mason added.
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