Vegannection's Debit Card Can Only Be Used at Vegan Establishments
Laura McQuarrie — February 4, 2019 — Lifestyle
References: vegannection & vegnews
There are some plant-based societies and associations that provide their members with exclusive cards that grant access to deals and discounts but Vegannection is taking this idea further by introducing a first-of-its-kind vegan debit card. This prepaid card may only be used at all-vegan establishments and grants users 2% cash back on purchases, plus additional benefits when friends are referred.
The plastic-free virtual prepaid loyalty card can easily be set up online and does not require a credit check or monthly fees to be paid—cardholders will also be able to avoid credit checks, renewal fees and transaction fees. So far, users from 37 countries around the globe have signed up to use the vegan debit card and in cities like London, 27 businesses are participating, ranging from hair salons to pizzerias.
The plastic-free virtual prepaid loyalty card can easily be set up online and does not require a credit check or monthly fees to be paid—cardholders will also be able to avoid credit checks, renewal fees and transaction fees. So far, users from 37 countries around the globe have signed up to use the vegan debit card and in cities like London, 27 businesses are participating, ranging from hair salons to pizzerias.
Trend Themes
1. Virtual Prepaid Loyalty Cards - Creating virtual prepaid loyalty cards for exclusive use at specific establishments could disrupt the traditional loyalty card system and increase customer retention.
2. Plant-based Membership Cards - Developing exclusive membership cards for plant-based societies and associations can create a sense of community while offering members unique benefits and incentives.
3. Cashback and Referral Programs - Implementing cashback and referral programs for debit card usage at specific establishments can incentivize customers to make more purchases and refer friends, driving business growth.
Industry Implications
1. Fintech - The fintech industry can leverage virtual prepaid loyalty cards to revolutionize customer loyalty programs and drive digital payment adoption.
2. Hospitality - The hospitality industry, particularly vegan establishments, can adopt and benefit from plant-based membership cards as a way to attract and retain customers while promoting a sense of community.
3. Retail - The retail industry can explore cashback and referral programs for debit card usage to incentivize customers and increase sales, particularly for niche markets like vegan goods and services.
2.6
Score
Popularity
Activity
Freshness
