{
  "id": 3073712,
  "title": "Pay.com Raises $28 Million to Bring Rewards Platform to US Businesses",
  "url": "https://urgent.news/2026/08/24/pay-com-raises-28-million-to-bring-rewards-platform-to-us-businesses",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T17:13:07.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/news/b2b-payments/2026/pay-com-raises-28-million-to-bring-rewards-platform-to-us-businesses/"
  },
  "original_language": "en",
  "account": "Pay.com, an Australian rewards platform, is expanding to the United States with the launch of PayRewards, raising $28 million in a Series E round. Now valued at $70 million in total capital raised, PayRewards allows American businesses to earn rewards on all payments, bank transfers, and credit card transactions. The company claims its platform differs from subscription-based bill-pay tools, as it charges no monthly fee and can double the rewards a business earns through its \"DoubleDip\" feature. According to recent PYMNTS Intelligence research, making rewards more accessible can influence consumer purchasing decisions, with 70% of consumers changing what they buy after seeing an offer. The research also highlights that consumers prioritize convenience equally to the reward itself, with 80% willing to choose a merchant offering a seamless shopping experience with automatic discounts, offers, and rewards at checkout.",
  "summary": "Australia’s Pay.com is launching in the U.S. as PayRewards after raising $28 million in a Series E round, bringing its total capital raised to $70 million. The new company lets American businesses earn rewards on all payments, bank transfers and credit cards included, Pay.com said in a Monday (Aug. 24) news release. “At a time […] The post Pay.com Raises $28 Million to Bring Rewards Platform to…",
  "key_points": [
    "Australian rewards platform Pay.com expands to US with PayRewards",
    "Raises $28 million in Series E round, valued at $70 million",
    "DoubleDip feature doubles rewards, no monthly fee for businesses"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}