Shopnext And Visa’s Web3 Loyalty Platform For Cardholders


Using the card-linked feature of the Visa Offers Platform, users may link their Visa card to the ShopNEXT app. According to the press release, the program may then monitor their card payment transactions and instantly reward them with tokens. This is made possible through the VisaNet electronic payments network.

Consumers are purchasing online more often than ever before, and they are showing a great interest in unique digital experiences like token incentives based on blockchain technology and NFTs, according to a press statement from Visa from Dung Dang, the country manager for Vietnam and Laos. Through our partnership, consumers will be able to purchase with confidence, benefit from the speed and security of Visa payments, and earn exciting new items like NFTs.

According to surveys, of the nine factors that encourage customers’ inclination to use credit cards, rewards programs are only second in importance to the simplicity and convenience of using them.

Nearly 57% of the customers surveyed, according to “The Convenience Catalyst,” stated rewards programs have a substantial influence on their choice of credit card, with 25% saying these programs are the most important factor.