- Apr 102018
48 Trillion Unspent Loyalty Points – An Opportunity For Merchants
London, UK | 10th April 2018
By Akif Khan, Head of PointsPay at Loylogic
When I tell people that there are approximately 48 trillion unspent loyalty points and frequent flyer miles sitting dormant in loyalty program members’ accounts globally, the first reaction is usually one of surprise. The next reaction is usually a nod of recognition, as they explain that they too often struggle to find meaningful ways to redeem the points that they have. This is an important fact that online merchants should note, as there is a growing opportunity for them to tap into this phenomenon to drive incremental revenue and drive customer acquisition.
- Mar 272018
The busy life of an ambitious loyalty member: is there any point to it?
London, UK | 27th March 2018
By Ivo Knottnerus, Sales & Business Development Director
Why do people seem so busy? I mean always and all of the time? Part of this is a perception problem. On average, people in the wealthier countries have more leisure time than they used to have 20 years ago. This is particularly true in the United States, but even in Europe leisure time has been going up steadily since 1965, when formal national time-use surveys began. Europeans work nearly 12 hours less per week, on average, than they did 40 years ago - a fall that includes all work-related activities, such as commuting and coffee breaks.
- Mar 222018
The Rise Of PayPal And What The Loyalty Industry Can Learn
London, UK | 22nd March, 2018
By Akif Khan, Head of PointsPay. Loylogic
Think online shopping and payments, and you most probably think of the stereotypical image of credit card details being entered onto a checkout page. However, in a surprisingly large number of markets, this isn’t the case. Whilst credit and debit cards are prolific in many regions, there are just as many others where they are not. Within the world of ecommerce, paying online without directly using your payment card is known as using an alternative payment method, or APM. The growth in the use of APMs is an important trend that the loyalty industry should be following. There are over 300 APMs in use globally. These range from bank transfer-based systems such as iDEAL in the Netherlands or Sofort in Germany, to direct mobile carrier billing systems such as Boku, to e-invoicing services like Klarna.
- Mar 062018
Loylogic Silver Sponsor and Workshop Presenter at Loyalty 2018 in Bangkok
Zurich, Switzerland | 9th February 2018
Loylogic has partnered with FlightGlobal and Global Flight to be a lead sponsor of the 10th Annual Loyalty Conference & Awards in Bangkok. Loylogic additionally conducted a hands-on workshop to let loyalty managers experience for themselves what it really takes to build a successful and strategic dream reward portal for their programmes.
- Dec 062017
Your loyalty blind spot? It’s your employees
Zurich, Switzerland | 6th December 2017
By Max Hunter, Chief Joy Officer at Loylogic
Employee loyalty. What does that even mean? I’ve given my all to companies before but they seemed to show no loyalty to me. The only way the company tried to engage employees was through a ‘carrot and stick’ bonus scheme and a Christmas party. Plus I got looked over for ‘promised’ promotion, then uninvited from the Christmas party once I handed in my notice after 5 years dedicated, successful service. When the squeeze is on, the only thing that gets squeezed is the people.
- Dec 042017
Make your loyalty points work with bitcoin
London, UK | 4th December, 2017
By Vera Martocchia | Global Marketing Director at Loylogic
For Loylogic innovation is key and one of our core values deeply imbedded into our DNA. We are constantly observing new trends and challenge the status quo to come up with new and unprecedented redemption features for the loyalty industry. This is what led us to our newest revelation: Bitcoin as a loyalty redemption feature and points investment option.
- Dec 012017
Milestones 2017
- Partnered with a block chain payment service provider to offer first-ever points conversion into cryptocurrency
- Announced global strategic partnership with dacadoo
- Launched Gift Miles on Akruu, enabling members to purchase points & miles.
- Partnered with leading UAE based luxury hospitality provider for a Rewards Program
- Nov 272017
Loyalty is a two way street
Zurich, Switzerland | 27th November, 2017
By Judith Raymakers, VP Strategic Partnerships at Loylogic
topbonus, with more than 4.3 million members being one of the largest loyalty programs in Europe, has always placed the interest of their members at the core of their business thinking. Program rewards and benefits were designed to make their members travel experience smoother and to additionally provide their loyal customers with more benefits “on the ground”.
- Sep 062017
The Triple Effect of a Powerful Reward Solution
Zurich, Switzerland | 6th September, 2017
Loylogic Inc., the global leader in e-commerce and e-payment solutions for loyalty programs, displays the impact a powerful reward solution can have on a loyalty program and brand.
- Aug 222017
Loylogic and Coinify Partner to Offer First-Ever Loyalty Currency Conversion into a Cryptocurrency
Zurich and Copenhagen
23 August 2017Loylogic Inc., the global leader in e-commerce and e-payment solutions for loyalty programs, and Coinify ApS, a leading blockchain payment service provider, announce a strategic and innovative global partnership. The new feature, which continues to offer millions of loyalty program members with unparalleled flexibility by providing Bitcoin as a redemption option, can now be found on Loylogic’s industry leading Reward Experience Platform.