Wedge Teams with Cardlytics on Cash Back Offer


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Spending app Wedge has launched a new rewards program, powered by cashback offer platform Cardlytics, according to a Thursday (January 20) Press release.

Wedge allows users to pay for purchases with any asset using a smart debit card, while Cardlytics works with hundreds of brands and retail partners, the statement said. The partnership is a step to help Wedge achieve its vision of spending smarter in real time.

“Wedge is changing the way people access and use their assets, revolutionizing the way day-to-day spending happens,” said Wedge’s CEO. Billy Robert in the release. “Cardlytics is the leader in transaction-based rewards technology, making it the perfect partner for our platform. “The ability to earn money when you shop, dine, or travel, automatically, is exactly what our users have come to expect from their go-to spending tool, and we’re excited to add the best auto cashback company to our ecosystem. “

Cardlytics “creates an instant, automatic rewards experience for consumers who earn money on their everyday purchases,” according to the statement. Wedge users can find personalized offers and get notified when they receive cash back.

“Wedge is revolutionizing the way consumers use and access their assets by removing the friction between trading and spending, allowing users to make their money work responsibly for them,” said the executive vice president of financial institutions. from Cardlytics. Farrell Hudzik in the release. “Integrating a cashback program that incentivizes good financial planning will have a definite impact on Wedge’s user base.”

When Wedge Members use their Smart Debit Cards, they receive a notification that allows them to pay for the purchase using any asset, or combination of assets, in their Wedge Wallets and real-time information that details how much they saved by using certain assets. instead of cash, the statement said.

Separately, PYMNTS’ B2B digital payments tracker for January showed that over 80% of all consumers who use any of the top four digital wallet options are satisfied with their services.

Read more: Virtual Cards Help Improve Efficiency of Remote Accounts Payable

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