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Loyesys: Redemption Capabilities That Boost Customer Loyalty
Loyesys is a loyalty platform based in Bahrain that helps businesses create and manage loyalty programs. One of the key features of Loyesys is its redemption capabilities. These capabilities allow businesses to offer a variety of rewards to their customers, and to make it easy for customers to redeem those rewards.
Types of Rewards
Loyesys allows businesses to offer a variety of rewards to their customers, including:
Discounts: Businesses can offer discounts on products or services. This is a popular type of reward because it allows customers to save money on their purchases.
Products: Businesses can offer products as rewards. This can be a good way to promote new products or to clear out inventory.
Services: Businesses can offer services as rewards. This can include things like free shipping, waived fees, or priority customer service.
Experiences: Businesses can offer experiences as rewards. This can include things like tickets to events, discounts on travel, or gift certificates for restaurants.
Redemption Methods
Loyesys offers a variety of redemption methods, so that businesses can make it easy for customers to redeem their rewards. These redemption methods include:
In-store: Customers can redeem their rewards in-store by presenting their loyalty card or by entering their loyalty number.
Online: Customers can redeem their rewards online by logging into their loyalty account.
Mobile: Customers can redeem their rewards through the Loyesys mobile app.
Personalization
Loyesys also allows businesses to personalize their redemption capabilities. This means that businesses can offer different rewards to different customers, based on their spending habits, interests, and other factors. This can help businesses to increase customer engagement and loyalty.
Benefits of Loyesys Redemption Capabilities
There are a number of benefits to using Loyesys redemption capabilities. These benefits include:
Increased customer loyalty: By offering a variety of rewards and making it easy for customers to redeem them, businesses can increase customer loyalty.
Improved customer experience: By personalizing their redemption capabilities, businesses can improve the customer experience and make it more likely that customers will return.
Increased sales: By offering rewards that are relevant to customers, businesses can increase sales.
Reduced churn: By making it easy for customers to redeem their rewards, businesses can reduce churn.
Conclusion
Loyesys redemption capabilities are a powerful tool that can help businesses increase customer loyalty, improve the customer experience, and increase sales. If you are looking for a way to boost your loyalty program, Loyesys is a great option.
#fundraising#loyalty#software#rewards#customerlo#banking#redemptions#bahrain#united arab emirates#united kingdom#kingdom of saudi arabia#sultanet of oman#kuwait
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Global Digital Agriculture Market Size Expected To Reach USD 41.48 Billion With CAGR 11% By 2030
The Global Digital Agriculture Market size is expected to grow from USD 18 billion in 2022 to USD 41.48 billion by 2030, at a CAGR of 11% during the forecast period (2023-2030).
Digital Agriculture also known as e-agriculture or smart farming is a tool that collects, stores, analyzes, and shares electronic data and information in agriculture digitally. It is the integration of digital technology into crop management and livestock and other processes related to managing food resources and cultivating activities. Digital agriculture includes precision agriculture. Unlike precision agriculture, digital agriculture impacts the entire agri-food value chain before, during, or after on-farm production.
Top Key Players for Digital Agriculture Market:
Deere & Company (U.S.), IBM Corporation(U.S.), CNH Industrial (U.S.), Microsoft Corporation (U.S.), AGCO Corporation (U.S.), Raven Industries (U.S.), COFCO International (Switzerland), Agrofy (South Africa),Eden Farm (Indonesia), HummingBird Technologies (England), Cranswick PLC (U.K) and Other Major Key Players.
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Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Segmentation Analysis of the Digital Agriculture Market:
By Type
Crop Monitoring
Artificial Intelligence
Precision Farming
By Technology
Peripheral
Core
By Application
Field Mapping
Crop Scouting
Weather Tracking
Drone Analytics
Others
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Regional Analysis of the Digital Agriculture Market:
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Key Industry Development:
In November 2022, AGCO Corporation launched a brand new online tool called Geo-Bird to help farmers around the world independently plan and optimize their global navigation satellite system (GNSS) machine guidance lines.
In October 2021, CNH Industrial launched an innovative platform named AGXTEND for digital agriculture solutions in Brazil. AGXTEND develops and provides ground-breaking technologies that allow farmers to extend their efficiency, and sustainability of agribusiness by precision farming, and thereby their economic success.
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Basharacare | GCC | CPS |
#1 Skin Care online store in Gulf region. With BasharaCare you will discover a highly edited selection of the Best Skin Care a Hair Care. Their philosophy ensures that only the very best products and worthy innovations are available with them, for you to learn about, test and adopt into your regimes. Enjoy the new age retail experience with us at BasharaCare, Your Online Skincare Solution"
Discount Code:
DCMN (5% discount sitewide)
Category : Health & Beauty
Region : Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
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Banks and fintech firms are launching prepaid cards to boost financial inclusion in the Middle East in 2023
In the Middle East, the prepaid card ecosystem has been growing at a rapid rate over the last few years. The growing percentage of the tech-savvy population is driving the adoption of prepaid cards. With smartphone penetration projected to further grow in the Middle East in 2023, banks and fintech firms are leveraging the increasing smartphone penetration to drive financial inclusion across the region by launching digital prepaid cards.
Qatar Islamic Bank, for instance, announced the launch of the Himyan prepaid card in March 2023. The prepaid card solution is an initiative of the digital bank to develop electronic payment services and support financial inclusion in the country. As a result, the bank has made the prepaid card solution available for customers, non-customers, as well as visitors holding a valid QID or visa.
In the Middle East region, the growth of the prepaid card industry has been also driven by digital banks, which have significantly grown in numbers over the last three to four years. These digital-only banks have launched several innovative payment products in the past, and the trend is expected to further continue in 2023.
ila Bank, one of the fastest-growing digital mobile-only banks in the region, announced the launch of a prepaid card solution in February 2023. The launch of the Bahraini-denominated prepaid card is part of the firm's strategy to boost financial inclusion and facilitate a cashless digital economy.
To drive the adoption of its prepaid card offerings in Bahrain, ila Bank is targeting different consumer segments, including students and travelers. The firm has specifically designed a student-focused prepaid card with tailored benefits. This includes the offering of cashbacks on transactions completed in school cafeterias that are operated by the Eastern Bakery. For travelers, the prepaid card offers a host of other benefits including access to medical insurance and discounts and offers via partner stores and merchants in Bahrain.
Al Salam Bank, another financial institution in Bahrain, launched a revamped multi-currency prepaid card campaign in February 2023. The new campaign comes on the back of the success of the last year’s campaign.
The campaign, which allows cardholders to win BD 1,000 in monthly rewards when spending BD 50 through the Visa prepaid card, will run until December 2023. To make the prepaid card offering more attractive, the bank is also offering cardholders the ability to earn loyalty points and receive discounts on the Bahrain Life platform.
Such campaigns are expected to not only accelerate the financial inclusion in Bahrain, but also the growth of the prepaid card transaction value and volume from the short to medium-term perspective.
Along with banking institutions, fintech firms are also seeking to boost financial inclusion in the region, through their innovative prepaid card products that are launched in strategic collaboration with global payments giants. For instance,
In March 2023, e& money, the financial services arm of e&, announced that the firm had entered into a strategic collaboration with Mastercard to launch a prepaid card solution. The prepaid payment instrument is part of the firm's super app strategy and is targeted toward driving financial inclusion in the United Arab Emirates. With the Mastercard tie-up, cardholders will be able to make transactions at all merchants that accept Mastercard globally.
Initially, the firm has only launched a virtual prepaid card that cardholders can use for online transactions. However, the firm is also expected to launch a physical prepaid card for offline payments from the short-term perspective. The fintech firm has also linked the prepaid card solution with the loyalty program, thereby enabling cardholders to earn cashback and rewards for every dirham spent. In turn, cardholders can redeem their points for free data, minutes, and discount codes, among other benefits.
In another prepaid card offering, Nomo, the international digital Islamic bank based in the United Kingdom, launched a multi-currency card in March 2023. Initially, the card has been launched in Kuwait and is planned for a further rollout to customers across the GCC region. Since its launch in 2021, Nomo has become a popular payment method among Kuwaiti customers spending time internationally. With cross-border payments growing at a rapid rate, PayNXT360 expects the digital bank to record strong growth in 2023.
From the short to medium-term perspective, PayNXT360 also expects many more digital banks and fintech firms to launch prepaid card solutions catering to the needs of different consumer segments in the Middle East market.
To know more and gain a deeper understanding of the prepaid card in the Middle East, click here.
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What exactly is a Tabby App?
Tabby is the name given to the software that allows you to buy now and pay later. The application was made available in 2020. It has received over 1.5 million downloads in the last two years, according to a report.
One of the most obvious advantages is the ability to pay later. The best thing about these apps is that the majority of online retailers, including but not limited to Shine, Amazon, and AliExpress, support them.
Tabby is a Buy Now, Pay Later (BNPL) service provider based in Dubai that serves Saudi Arabia and the UAE. Platform users can shop whenever they want and pay later. H&M, IKEA, Sheen, Ali Express, Namshi, and many other well-known retailers have collaborated with Tabby. With over 400,000 active users and 3000 daily downloads, Tabby has grown to be the leading BNPL service provider in the UAE.
Customers can use Tabby to have items delivered to their homes without having to pay the full price up front. Customers can use the app to make in-store and online purchases and make interest-free installment payments.
Many organisations and consumers now use the app because it provides secure payment options without transaction glitches or fund processing delays.
These apps are easy to use. Now we'll go over how the Tabby app works.
How Does a Tabby App Work?
Tabby is a popular fintech programme in Bahrain, Kuwait, Saudi Arabia, and the United Arab Emirates. On Tabby's well-known online shopping platform, users can examine products in many product categories (including Fashion, Beauty, Home, Gifts & Gadgets, Baby & Toys, Travel & Tourism, and Sports & Gaming) and browse their favourite brands.
Users can browse cashback deals from various companies, visit online stores, shop, and receive attractive cashback from the seller using the programme. Well-known apps, such as Tabby, offer effective payment services that are convenient, simple, and trouble-free.
How does an app like Tabby function?
The BNPL system is primarily used to make payments for small-ticket items over a short period of time, typically 2 to 4 months. These payments are not subject to interest in the short term. If you choose a longer term, however, interest may be charged.
For example, if your bill was $100, you could pay it off in four $25 installments with no interest. This system has had an impact on the traditional credit card industry.
There are no additional interest charges added to the account, but if you miss a payment, you will be charged a significant late fee.
As more businesses partner with BNPL service applications, BNPL services are becoming more widely used around the world. According to WorldPay research, BNPL is expected to account for $97 billion in total e-commerce sales this year. Users report that BNPL assists them in managing their finances. In the United Kingdom alone, BNPL applications have saved £103 million or $139 million in credit card debt.
BNPL applications assess a user's purchasing power using their own set of algorithms rather than just the traditional credit score, allowing even customers with low credit scores to use their services.
A shopping trip can be described as follows:
Purchase Favorite Brands
Tabby carries items from over a hundred different brands, ranging from Adidas to IKEA. Consumers occasionally discover new businesses and maximise the value of their purchases.
Purchase Now and Pay Later
The best feature is the payment option, which allows users to divide the purchase into four interest-free installments.
Get Special Discounts
Customers can take advantage of numerous exclusive offers and discounts from their preferred brands.
Take Care of the Payments
Customers can keep track of all their purchases, including upcoming bills and updated payment options, in one place. They are also notified about upcoming payments.
Users can begin shopping from Tabby after downloading the app. The entire procedure is outlined below:
The user downloads the app and then shows their Emirates ID to verify their identity.
Following approval, the customer can proceed with the purchase and designate Tabby as the beneficiary during the checkout process.
The customer is then given the option of paying in 14 days or in four installments.
Tabby immediately pays the merchant after deducting the commission.
After completing all processes, the customer will begin paying Tabby the agreed-upon monthly amount.
Tabby and other Buy Now Pay Later apps provide the best features.
To create an app like Tabby, one must be familiar with all aspects of it, from the most basic to the most complex.
The following are some of the features that have contributed to the app's explosive growth:
Verification & Login
Automatic Deductions for Advance Payments
Security
Guest Appearance
Account management
Reminders
Stores highlighted
Cashback
We will go over the Buy Now Pay Later app's main features one by one. So, let's take a closer look at all of the features listed below.
Also read : Mobile App development Company
Verification & Login
The first and most important feature is safe and secure signup. Users should be able to sign up for the app using their phone numbers. For security reasons, ask users for their National Identification Number. Once they provide it, the application must complete the verification process.
Advance Payment
The app allows users to pay their bills in installments even if the due date has not passed. The function is essential for making the mobile application extremely user-friendly.
Deductions Made Automatically
Another feature that assists the software in reaching its full potential is automatic deduction. Users of the app can manually enable the automatic deductions functionality, after which it will automatically deduct prices from the selected card. Users can also add additional cards and switch them as needed.
Security
According to a report, the number of e-commerce fraud operations increased by 30% while sales increased by 16%. These figures demonstrate the critical importance of incorporating security measures into e-commerce systems, particularly for secure transactions.
The key to protecting apps from hacker attacks and data loss is to include robust and efficient security features. Data encryption, two-factor authentication, and other laws are used to build a secure and dependable buy-now-pay app.
Appearance by a Guest
Tabby has a large population due to its user-friendly features. A guest appearance is one example. Customers can use the app without creating an account, and they can sign up later while making purchases.
Management of Accounts
Customers frequently lose track of previous purchases and related information. The platform was able to resolve this issue by displaying the customer's account information, which included their purchase history, payment dates, and other relevant data. The app's popularity has skyrocketed as a result of its user-interface design.
Reminders
The BNPL app's next important feature is reminders. Reminders, like push alerts, exist. Customers are kept informed about upcoming bill payments and due dates, allowing them to pay on time and avoid overdrafts. By increasing the client's trust in the app, the feature set successfully demonstrates its value.
Traders on Display
Another critical aspect of the BNPL application is the integration of specialised segments or departments of featured retailers. This built-in feature highlights the most prominent brands with which the app has collaborated. The feature simplifies navigation by eliminating the need for users to search for their preferred retailers.
Cashback
A Mozo study found that 30% of BNPL app users make multiple purchases from the marketplace in order to earn points or cashback. As a result, the cashback feature is yet another component for a flawless user experience.
Also read : Mobile App development Company in Dubai
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Top Contemporary Furniture Store in Saudi Arabia, Bahrain
With our luxurious chairs and tables from Pattern Furniture in Bahrain, you can enhance the space like never before in your home, houses, bars, cafés, and restaurants. As a hospitality and office furniture dealer, we provide clients with high-quality innovative products for furnishing interior spaces at great affordable prices. To know more visit us!
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Outdoor Sports Apparel Market COVID 19 Impact & In-Depth Analysis till 2025
Facto Market Insights as of late distributed statistical surveying report on the worldwide Outdoor Sports Apparel Market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.
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The report covers PESTLE examination and watchman's five powers investigation which exhibits the five powers including purchasers bartering power, providers haggling power, the danger of new participants, the danger of substitutes, and level of rivalry in the worldwide outdoor sports apparel market. In the investigation, the system of watchman's five powers examination clarifies the technique for breaking down the opposition of the business covering the business structure and the degree of rivalry in the market. Along with this, the exploration report additionally covers current realities and figures identified with the macroeconomic patterns that are expected to affect the development of the general market.
Following are the Main Features of Global Outdoor Sports Apparel Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Market Segments by Geographies and Countries
- Porter’s Five Forces Analysis & Trade Analysis
- Market Segment Trend and Forecast
- Market Forecast Analysis for 2021-2025
- Key Market Driving Factors
- Market Analysis and Recommendations
- Price Analysis
- Outdoor Sports Apparel Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
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Market Segmentation:
The exploration offers an extensive investigation of worldwide outdoor sports apparel market concerning following sub-markets:
Mode of Sale o Retail Stores o Supermarkets o Brand Outlets o Discount Stores o Online Stores • End User o Men o Women o Kids
Regional Insights:
The report investigations the market by geologies for example North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Competitive Landscape
The report includes profiles of leading companies in the global outdoor sports apparel market. Some of the key players profiled include:
The North Face, Patagonia Inc., Columbia Sportswear Company, Kathmandu Limited, Woolrich Inc., Nevisport Ltd, Cotswold Outdoor Ltd, Mountain Warehouse Ltd, Under Armour, Inc., and Snowgum.
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- Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
- Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global outdoor sports apparel market.
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Facto Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.
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Discover unbeatable flash deals in Bahrain at Dukakeen! Save up to 20% on a wide range of products, from electronics and fashion to home essentials and more. Don’t miss your chance to grab incredible discounts for a limited time. Shop now and enjoy amazing bargains delivered right to your doorstep. Dukakeen is your one-stop destination for quality products at unbeatable prices. Hurry, these deals won’t last long!
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Basharacare | GCC | CPS |
#1 Skin Care online store in Gulf region. With BasharaCare you will discover a highly edited selection of the Best Skin Care a Hair Care. Their philosophy ensures that only the very best products and worthy innovations are available with them, for you to learn about, test and adopt into your regimes. Enjoy the new age retail experience with us at BasharaCare, Your Online Skincare Solution"
Discount Code:
DCMN (5% discount sitewide)
Categories : Skincare Products
Region : Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
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Basharacare | GCC | CPS |
#1 Skin Care online store in Gulf region. With BasharaCare you will discover a highly edited selection of the Best Skin Care a Hair Care. Their philosophy ensures that only the very best products and worthy innovations are available with them, for you to learn about, test and adopt into your regimes. Enjoy the new age retail experience with us at BasharaCare, Your Online Skincare Solution"
Discount Code:
DCMN (5% discount sitewide)
Categories : Skincare Products
Region : Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates
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