Pointspay launched NFC-enabled card

Zurich, Switzerland – Pointspay, the world’s first mobile wallet for exchanging loyalty points or miles into more than 160 currencies that can be used at 32 million merchants worldwide, announces updates to the Pointspay Card, making it more user-friendly than ever.

Pointspay launched NFC enabled cards for its customers, making it the first payment card worldwide which enables contactless payment with loyalty currencies with one single tap. The new technology will be a popular feature because its easy, fast and secure and makes the payment for a low-value transaction as hassle-free as possible. It gives the cardholders more possibilities to redeem their loyalty points in a convenient way. The usage of contactless payments is especially suitable for those areas where speed and convenience is crucial like fast food restaurants, public transports, vending machines or service stations.

Contactless payment makes low-value payments efficient and attractive for all participants in the payments value chain. For cardholders it’s more convenient because they can pay now also small purchases with their loyalty currency. Retailers are pleased that even small amounts are paid with points or miles because it reduces payment handling costs for low value items and it reduces queues. Rapid payment enables increased efficiency and improved customer service.

Commenting today, Dominic Hofer, CEO and Founder of Pointspay said, “Consumers continue to move away from cash transactions and we are now the first issuer to offer contactless features on a prepaid card, which enables payment with loyalty currencies. This means loyalty program members can pay their goods by redeeming their loyalty points in a more convenient way, more often.

The new contactless Pointspay Card is available to all customers who open a Pointspay account without any additional fees. To get the new Pointspay card please register here: www.pointspay.com

About Loylogic
Loylogic is the world’s leading innovator and creator of points experiences, insights, commerce and engagement. By tantalizing members with more choices and arming programs with insights on behavior – anticipating both present and future needs – we deliver powerful solutions that amplify engagement and build loyalty.

Founded in 2005 with offices around the world and a global content network of more than 500 merchants and 2,000 online stores offering millions products and services, Loylogic, the new paradigm of points-based e-commerce and e-payment solutions, is the partner that the world’s leading loyalty programs trust with making their points and miles loved more. For more information please visit loylogic.com.

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