Ethical rewards platform enables merchants to reward customers for sustainable shopping using Fidel’s card linking API
17th July 2019, London: Having just announced their Seedrs crowdfunding campaign, Koin Rewards, the ethical rewards platform built on the blockchain, today announces that it has partnered with card linking API Fidel to build a responsible and sustainable rewards programme for shoppers.
Koin Rewards is working with Fidel to build a community of merchants and members based upon shared ethical behaviours. Koin Rewards is using Fidel’s PCI-compliant card linking API to enable merchants to automatically reward their customers for shopping responsibly and sustainably.
Koin Rewards’ members can quickly and easily connect their Mastercard, Visa or Amex card to their Koin Rewards account using Fidel’s API technology. Every time they shop at a participating merchant, they will automatically earn and be notified of rewards.
Curt Hopkins, CEO, from Koin Rewards, says “Our ambition for Koin Rewards is to offer a truly global loyalty programme, which is why our relationship with Fidel is so exciting. With Fidel we are able to onboard any merchant that accepts Visa and Mastercard payments, welcoming them to our community of merchants committed to driving change for the greater good. In working with Fidel, we have developed an alliance of shared ambitions, which is of significant importance as we seek to do the same for merchants and our members, matching them together based upon their shared values that encourage responsible consumption and production."
Sina Saidinayer, Head of Business Development at Fidel, said: “We are delighted to be powering Koin Rewards to build a card-linked loyalty programme that rewards sustainable and responsible shopping. Fidel’s vision is to democratise access to financial data globally, so we’re proud to support such an innovative project that drives real value back to customers.”
With their platform in private beta, Koin Rewards is now running a crowdfunding campaign. If you are interested in finding out more about this campaign, you can register for exclusive access on Seedrs: https://koinrewards.seedrs.com.
About Koin Rewards
Koin Rewards is a fintech company, reimagining loyalty through responsible shopping and tokenisation. Koin Rewards exists to encourage more meaningful behaviours. We believe greater recognition should be given to the people that drive positive change for the good of humanity, nature and the environment. That’s why we provide an ecosystem that not only matches our members with merchants that share the same values but also puts them in control of the rewards they earn through the Koin digital currency.
Fidel makes transactional data accessible through a single access point so businesses can create web and mobile applications using real time payment data. By linking customer payment cards to reward programs, businesses like Avios Perkbox and TopCashback are turning payments into loyalty. Fidel is backed by the UK government’s Technology Strategy Board (Innovate UK) and Horizons Ventures.