back Back

Runa & ShopBack team up to offer cashback rewards to consumers

By Delisha Fernandes

December 22, 2023

  • B2C payments
  • Cashback Rewards
  • FinTech London
Share

Runa, ShopBack, Cashback Rewards, B2C payments, gift card, merchants, payouts, Fintech news, Fintech LondonRuna, the global digital value infrastructure for instant B2C payments, has expanded partnership with ShopBack, a cashback and rewards platform.

“Expanding our partnership with ShopBack will offer users an even more rewarding experience, redefining the way they shop, store, and save their money,” said Aron Alexander, CEO and Founder of Runa. “Looking forward, we envision leveraging this partnership to continue driving innovation in the cashback and rewards space.”

The global cashback market is set to reach $5.7 billion by 2031, and its rising popularity is due to its ability to give consumers greater control over their finances, allowing them to counteract rising costs through the use of instant, easy rewards. ShopBack has given over $190 million of cashback to Australian consumers, and Runa has extensive experience of driving innovation in the cashback industry through its global network of over 2,500 merchants.

“We’re excited to partner with Runa to expand our cashback offerings for our Australian customers,” said Angus Muffet, General Manager of ShopBack. “New collaborations like this demonstrate our commitment to finding new and interesting ways to enhance the shopping experience for our users.”

With Runa’s full-stack offering and expansion into the APAC region, businesses can integrate once and have the ability to send payouts to Australia and 35+ other countries. Global businesses will now be able to offer their customers an expanded range of payout types, including 29 payout types in Australia and 121 payout types in Singapore.

Previous Article

December 22, 2023

Libyan Islamic Bank & Backbase partner to enhance digital customer experience

Read More
Next Article

December 22, 2023

Magellanic Cloud’s iVIS secures eSurveillance contract for Major Public Sector Bank in India

Read More






IBSi Daily News Analysis

UK, Bank

July 12, 2024

B2C payments

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 12, 2024

Nuvei and Mastercard team to enable crypto to fiat conversion

Read More

July 12, 2024

Payset and ClearBank partner for local and cross-border payments

Read More

July 12, 2024

Network International launches Business Payment Solutions with Mastercard

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024