ZNAP offers numerous rewards and cashback schemes for users
By Leandra Monteiro
ZNAP, the cashback and payment platform mobile application, that just launched a few months ago has already seen close to 100,000 app downloads, across both iOS and Android. The app hosts a wide range of features such as cashback of up to 50% on every transaction, credit vouchers, offering a seamless payment experience – to help both consumers and merchants, listed on the app.
ZNAP provides the advantage of both saving and earning at the same time for users, whilst for the vendors, it helps them with customer retention and loyalty for the brand, thereby encouraging multiple visits.
The current merchant portfolio of ZNAP includes over 350 vendors, with 150 added in the last 6 months alone. The vendors are spread across different industries, such as Food & Beverage, Health & Beauty, Fashion, and a lot more – all offering irresistible cash rewards on transactions, that can be used at the same merchant within 90 days from the date of credit.
ZNAP also offers a plethora of other benefits such as Credit Vouchers, which are value vouchers that can be purchased directly from the app for a restaurant or retailer of choice and can be used against transactions or send as e-gifts to friends and family – all whilst earning cashback.
“The app has seen a lot of traction from users and vendors from all business categories that it currently hosts – be it people who are on the lookout to stretch their dirhams or small businesses looking to attract customers. We are glad that we have been able to play a part in helping both ends of the spectrum,” said Uday Rathod, CEO & Founder, ZNAP.
While the brand is currently focused on building a stronger presence in the region, they also have plans to enhance current offerings and how the platform can cater to the users who are happy to engage with the brands listed on the platform, as long as they see value in their spending whilst enjoying great benefits.
IBSi Daily News Analysis
December 01, 2023
UAE consumers turn to banks for advice on sustainable financeRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage