A recent partnership between SnapCard and Ifeelgoods opens up the door for a ton of major retailers to start accepting Bitcoin. Not necessarily as a payment option per sé, but they can also use Bitcoin as a form of a rewards program. A major step in the right direction for digital currency adoption, assuming some of those companies decide to look into the option.
IfeelGoods – Reward System With Digital Gifts
The main goal of a company such as IFeelGoods is to connect merchants and retailers with a digital rewards program. By using cutting edge technology – no, not the blockchain just yet – IFeelGoods offers various features to their partners. Inventory management for a diversity of reward codes, gift cards and discount codes is a key element for retailers to improve their customer satisfaction rate.
Once a retailer has set up their inventory of digital codes, IFeelGoods will offer real-time monitoring and alerting on inventory levels. Additionally, participating retailers can decide to optimize their reward costs by enabling multiple suppliers. This will also help with the overall campaign management, which brings additional features such as fraud management and multi-language support to the table.