- Connect with customers directly to their phones
- Stay at the top of your customers’ wallets
- Control your brand with a uniform face to the customer
- Drive incentives from the corporate or local level—or both!
- Gauge incentive success in real time
- Generate increased revenue
- Boost customer loyalty
- Enrich your customers’ banking experience with fast payment using their phone
- Speed secure transactions from all sources on one network
- Ensure PCI compliance without third-party audits
Control Your Brand, Expand Your Market
FreedomPay is a cloud-based commerce platform which is revolutionizing the payments industry. The FreedomPay Commerce Platform provides an interactive, open architecture that allows banks to leverage legacy systems and existing data as never before.
The FreedomPay Commerce Platform delivers a mutually beneficial scenario for banks, retailers, and consumers. Banks provide an incentive for the consumer to move the targeted card to the “top of wallet”. Banks provide retailers the ability to offer pinpoint targeted incentives based on the retailer’s data of the consumer’s purchasing history and the bank’s record.
Consumers win by getting more for their money with exclusive, timely, relevant incentive offers. Retailers win by increasing sales with the current customers and new customers from the bank. Banks win by providing a platform to the benefit of their customers and merchants.
The FreedomPay Commerce Platform offers all these benefits and more:
- Keep the bank brand top of wallet for the consumer
- Offer new benefits to consumers in a time when banks are losing contact with their customers
- Access macro-level reporting including consumer demographics, buying habits and incentive response rates. You won’t get that with a traditional payment system.
- Leverage legacy systems and data from disparate systems to compile true business intelligence
- Leverage incentives to encourage use of specific payment methods
- See which incentives are working and do more. See which ones aren’t working and turn them off—or make adjustments and try again!
- FreedomPay helps banks build traffic, simplify payments and build customer loyalty in locations across the enterprise.
US-based credit union BCU, a FreedomPay Commerce Platform customer, evaluated a series of solution providers before selecting FreedomPay. “We had a good idea of what we were after and took a close look at a number of different offerings,” says Corey Frank, senior relationship manager at BCU. “We wanted a technology provider that could deliver a white label solution that could not only offer incentives at a line-item level facilitating highly customized campaigns, but also centralized promotions management. This would provide each of our locations and retail partners alike with state-of-the-art sales reporting and enablement of secure integration of credit card and pre-paid payments. FreedomPay was the most comprehensive solution for what we wanted to achieve and they are clearly a leader in servicing banks, financial services organizations and corporations. We had confidence they could help us deliver Cruise Card, our white label FreedomPay solution.”