Thanks to blockchain developers who have consistently found more ways to use the blockchain technology to enable us to be more productive in our day to day activities, while also helping us in other areas of our lives. Micropayments, loyalty, and cash-back settlement, etc. are things online shoppers love to get. Primarily, many online shoppers always look out for the best bargains, to help them save big, and they also love to secure discounts while earning cash backs. However, traditional cash-back systems have flaws that make it absolutely difficult for shoppers to benefit from the system.
One of the major flaws includes the high costs involved, and while cost is one challenge, another flaw that needs solution is the time used to process and send micropayments into the users’ wallets. Financial institutions always take their time before adopting dynamic digital trends, which has affected their efficiency and service, and this has made consumers begin to look for more efficient alternatives.
BitRewards Has the Solution
BitRewards combines artificial intelligence, blockchain technology, and smart contracts to facilitate the effectiveness of cash-backs and loyalty. The platform aims to make the platform such that it will take over the operations of all kinds of online retailers, and create channels where connections can be made between the online retailers and customers with the help of the BIT tokens.
The platform is an offshoot of an already existing business called GIFTD tech which has been functioning for over 5 years, and their rewards and loyalty business model reaches out to different types of online stores, and this, in turn, is a major contributing factor to the ever-growing market.
Value for Everyone
With the lapses found in traditional rewards and loyalty systems, BitRewards was created to set things right by allowing for incentives to experience growth via the reward system. Customers will enjoy the ease of use, as registration takes no more than 3 minutes, and can be done by just linking their Facebook accounts with the system and start enjoying loyalty rewards.
Tokens received are redeemable with any of the BitRewards merchants, and BitRewards has the ability to integrate with fiat currency debit cards, this invariably means that cryptocurrencies can be used via the debit cards. Merchants are not left out as they also get wonderful loyalty and rewards solutions without paying a dime, where non-merchants pay between $200 to $2000/month for the same solutions. The merchants also receive modern crypto-rewards model without paying for it, and this increases their sales by an average of 17%. BitRewards has a solid team of brilliant members who have acquired experience and contributed immensely to various industries spanning different sectors.
BitRewards is making a revolutionary move to correct the flaws in the rewards and loyalty points system, and they have all the experience and resources to handle it and handle it well. The blockchain technology, A.I. and Smart Contracts is bound to make the BitRewards project, a very successful one that will benefit everyone.