The provider brought its rewards program to nine markets to help entice spending and expanded Pay Now’s availability, which gives customers more flexibility.

When it comes to loyalty programs, 61% of consumers worldwide would use them more if rewards were applied automatically. More than half would be tempted if they could use rewards across multiple brands, personalize their rewards, or track their points easily.

Alerting cardholders that a digital coupon can be applied where they have already used their credit card can boost customer loyalty to both issuers and merchants. Location-based advertising can take this a step further by providing timely, relevant deals that encourage spend.

Restaurants scramble to roll out loyalty programs: Hardee’s, IHOP, and Carl’s Jr. are the latest chains to leverage loyalty to offer personalized experiences and deepen relationships with consumers.

The discount retailer launched bank accounts and debit cards with Incomm Payments, a BNPL pilot with Sezzle, and a rewards redemption program with FIS.

Nearly a third of survey respondents rated rewards/loyalty points as an “extremely valuable” feature of a paid membership program. However, neither Amazon nor Walmart offered this benefit as part of their paid membership programs. Six of the eight other retailers in our study did offer rewards, loyalty points, or similar perks to consumers within their free membership programs.

Rewards/loyalty points were the most valued feature in this category that was not related to shipping or returns. Retailers can drive repeat purchases from apparel consumers by including rewards as part of a paid or free program. Read the full report.

Users will be able to store payment cards, loyalty and rewards cards, transit tickets, COVID-19 vaccination cards, and select identification documents like driver's licenses. Samsung Wallet can also store passwords, select car keys, and digital home keys with the help of Samsung-owned home security system SmartThings.

Gen Z respondents were less inclined to save via membership programs but had an above-average interest in rewards and loyalty points. On the other hand, Gen Xers valued member discounts much more than any other generation, while baby boomers were less likely to value rewards and loyalty points. See the interactive Member and Account demand chart in the Appendix. No. 2 Checkout and Delivery Features.

More on this: The Victoria’s Secret Mastercard offers cardholders 5% back in rewards on Victoria's Secret and Pink purchases and 7.5% for gold tier loyalty members. The card also enables rewards outside of the brand: Customers earn 2% back on bonus categories like travel, dining, and streaming and 1% for all other purchases.

Much like millennials and Gen Xers, Gen Zers believe loyalty and rewards programs are important when deciding on companies or brands to buy from.