Fis Premium Payback
Let cardholders turn their rewards points into money-saving currency, right at the point of sale.
The POS loyalty program to help boost spending and attract new customers
Cardholders are looking for the simplest way to redeem their points for the products, services and features they want. When you enable them to use reward points to save money at checkout, you both win. FIS® Premium Payback™, a POS system with loyalty program, prompts cardholders to use their card reward points as currency for purchases in store, online or even at the pump.
With Premium Payback, your loyalty program aligns with customer expectations by offering clear benefits and reducing checkout friction. It also gives you the opportunity to experiment with creative promotional approaches while building on your brand story.
How customers enrolled in premium payback respond
rated experience as “good” or “very good”
redeemed points 2+ times in one year
increase in customer spending
Increase card use and loyalty
Show that your loyalty program delivers real value, giving cardholders a reason to choose your card every time.
Eliminate redemption hassles
Make it easy for cardholders by displaying offers when they pay with their card – no sign-ups or apps required.
Drive incremental revenue
Help merchants increase spending per transaction and drive more card usage for financial institutions.
Paypal scales its Pay with Rewards program
Cardholders of thousands of financial institutions participating in the FIS Premium Payback customer loyalty programs network can use points to pay for their online purchases at millions of PayPal merchants.
The combination of FIS’ wide-reaching loyalty program and PayPal’s network of 24 million global merchants will enable millions of additional cardholders to use loyalty points for PayPal purchases.
Jim Magats SVP, Global Payments, PayPal
Walgreens taps into the power of real-time rewards
Walgreens customers can choose to “pay with points” at the point of sale after they’ve dipped, swiped or tapped their eligible card.
By integrating FIS Premium Payback into its in-store payments network, Walgreens is taking a bold step to bring new levels of savings and value to its customers and drive return shopping.
Bruce Lowthers FIS president
FIS Premium Payback wins Best Customer-facing Experience
In 2020, FIS Premium Payback™ won the Emerging Payments Awards honor delivering the best customer-facing experience.
FIS Premium Payback named Most Innovative Solution by NAFCU Services
FIS Premium Payback has won the 2021 NAFCU Innovation Award, recognized for making the most valuable and innovative contributions to credit union success.
Insights for loyalty program software
What cardholders want
Give cardholders the flexibility, immediacy and redemption options they demand in their loyalty rewards program.
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