UK-based digital payments company Skrill has introduced its latest reward programme that rewards customers for connecting with others.
Known as Skrill Knect, the new loyalty programme rewards users for transferring money to friends, family, and businesses.
Skrill Knect has been rolled out in 30 European markets including Spain, Austria, the Netherlands, the UK, France, Germany, and Bulgaria.
In the future, the company intends to launch this service in all other markets where it maintains a presence.
Using the new reward programme, Skrill users can collect points when they paying using their wallet or prepaid Mastercard.
Rewards points can also be earned by making deposits in wallet, cryptocurrency transactions, P2P payments, cryptocurrency transactions, and prepaid card transactions.
The points can be redeemed in lieu of discounts, e-money, with participating merchants, gift cards for retailers, or interests in cryptocurrency through the Skrill Cryptocurrency Service.
Skrill CEO Lorenzo Pellegrino said: “I’m extremely excited to be able to recognise and reward our customers and do that through the launch of Skrill Knect.
“From today, all Skrill customers will be able to enjoy exciting, relevant rewards just by using their digital wallet or prepaid Mastercard.
“Skrill Knect doesn’t just benefit our customers, but our partners too. We’re keen to work with existing and new merchants and brands to deliver the right reward to the right customer at the right time.”
Skrill was acquired by Paysafe Group in August 2015 for an enterprise value of nearly €1.1bn.