Gurugram, Feb 28: Users of TimesPoints, Times Internet’s flagship rewards program, have a reason to cheer for this year as they can now redeem their points with more than 75,000 online and offline merchants, including JioMart, boAt and Yatra, among others. This redemption feature will be available to 600 million users of TOI, Times Points Debit Card, Economic Times and other news platforms of the Times Group loyalty network.
● TimesPoints can now be used for O2O transactions
● Merchant partners include JioMart, Yatra, boAt, OlaMoney, among others
The key platforms where TimesPoints members can redeem the points are JioMart, Yatra, boAt, PC Jeweller, Clovia, Gaana, Confirmtkt, and AbhiBus. Members can also use them on a trail of merchants spread across 15,000+ new age online brands.
Commenting on the evolved redemption system, Puneet Gupt, COO, Times Internet, said, “This exciting new feature will allow TimesPoints members to leverage the points, which they collect on our properties, on their favourite brands online as well as offline spaces. The points accrued can be utilised for transactions across a wide network of 75,000+ merchants for shopping. TOI and our other news platforms are the most reliable news destinations, and our readers’ trust makes us always lead the race. By making these loyalty points usable in a transaction journey, we are acknowledging the contribution of our users.
Sharing his views on the partnership, Rishi Batra, Co-founder & COO of Twid said, “We are truly excited to partner with TimesPoints to be part of “Pay with Rewards” and allow all their members to use TimesPoints for every day spends at their favourite merchants. Unlocking TimesPoints and making them ubiquitous through Twid platform will further build stronger loyalty of Times Group Customers with their suite of platforms. Going forward we are ensuring to deliver utmost customer delight by adding more of their favourite merchants, both online and offline on “Pay with Rewards” across the country”
TimesPoints can be earned while reading, sharing, liking, and commenting on Times of India and its network of publications. Based on the reader’s engagement, TimesPoints adds these loyalty points in the wallet that can be redeemed to get benefits like deals, gifts, and discounts. The enhanced points redemption ecosystem is powered by TWID, a strategic partner for TimesPoints, which aggregates these points for different loyalty programs at one platform and makes them usable for transactions.
TimesPoints is an end-to-end loyalty management platform with plug-and-play integration capabilities for corporates and rewards platforms with a diverse catalogue, loyalty points, employee rewards, reporting and other services. Besides Times Group news properties, the platform powers loyalty and rewards for Rewards 360, Gaana, MX Player, and many more brands.
TWID is a rewards points-based payment network connecting customers with merchants to pay with points earned from a Point Issuer Program. The Platform empowers banks, brands, acquirers and customers to make their program completely business viable and employ a contactless payment mode for offline payments or as a checkout option on online merchants using “Pay with Rewards”. Startups and the world’s leading companies today use TWID to digitise and build points into payment instruments, and drive new liquidity in the market for customers.
This article was shared with Prittle Prattle News as a Press Release.
Image Courtesy – TimesPoints