Payback (marketed as PAYBACK) is a multi-brand loyalty program in India. PAYBACK partners with outlets and awards points when people shop at those outlets. The points can thereafter be redeemed at the PAYBACK website.
Video PAYBACK India
About PAYBACK
PAYBACK India has over 50 partner brands in its network. Some of the major partners of the multi-brand loyalty program include American Express, Big Bazaar, Bookmyshow, Brand Factory, Central, Ezone, Home Town, futurebazaar.com, ICICI Bank, HPCL, Hotel Formule 1, Food Bazaar, Food Hall, UniverCell, Vodafone and more.
In the Indian market where there is more focus by individual companies to create their own loyalty programs, the multitude of partners and the wide categories that they operate in has helped PAYBACK gain high proliferation. More recently, PAYBACK has also collaborated with eBay to enable customers to redeem their points on eBay as well.
Maps PAYBACK India
Awards
PAYBACK was awarded the "Product of the Year 2013" in the Reward Points/Loyalty Programs category, based on 18,000 consumer interviews, across 23 cities in India. PAYBACK also won the Retailer Customer Service Awards for 2013 in Customer Service-Business Services category. The award is based on 10,000 sample consumer survey results carried out by Entrepreneur India Advisors.
Ownership
PAYBACK Program is operated by Loyalty Solutions and Research Private Limited. LSRPL, is a majority controlled by Loyalty Partner GmbH, a subsidiary of American Express.
References
Source of the article : Wikipedia
0 Comments