Skyro launches customizable cashback rewards platform in the Philippines
Consumer finance group Skyro launched a financial reward initiative in the Philippines allowing customers to choose specific spending categories to earn cashback rewards on transactions
Skyro, a financial group based in Manila, has introduced a unique cashback rewards program in the Philippines. This program empowers users to choose the spending categories they wish to earn cashback on, rather than being dictated by the provider. Available to eligible SkyroCredit holders within the Skyro app, customers can select four out of seven categories each month and earn up to 30% cashback on eligible purchases.
Categories include groceries, dining, pharmacy, online shopping, fuel, household bills, and users can change their choices monthly as their spending habits evolve. For those who prefer a broader approach, customers can opt for a 0.5% cashback rate on all eligible transactions. Skyro's co-founder and co-CEO Arsen Liametov highlighted the company's commitment to granting customers more control over their finances with this innovative cashback model.
Unlike others, this program doesn't necessitate increased spending to unlock rewards. Cashback is directly credited in Philippine pesos to the user's account, redeemable for future SkyroCredit purchases. The program aligns with SkyroCredit's flexibility, which can be utilized anywhere QR Ph payments are accepted, be it in-store or online. This adaptable QR-based model could extend to other markets where QR payments are prevalent.
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