Payment Methods 💲

Savebo supports a range of payment methods that offer flexibility and rewards for customers while enhancing merchants' ability to build lasting customer relationships.

1. Open and Earn

With the "Open and Earn" feature, new customers receive free credit just for creating an account. This helps merchants make a positive first impression and encourages customers to start shopping with your brand right away, establishing an immediate connection between Savebo users and your business.

2. Instant Budgeting & Subscriptions

Customers can subscribe to their favorite brands and set up regular payments. This method allows customers to earn rewards, discounts, or exclusive offers by committing to a scheduled payment plan. It’s ideal for merchants who want to drive customer loyalty and maintain consistent engagement.

3. Flexible Saving Plans

Customers can plan for big purchases by setting up savings goals. This method lets them save gradually for a specific product, rewarding them with exclusive brand credits along the way. Flexible Saving Plans encourage customers to stay engaged with your brand and feel rewarded for reaching their goals.

4. Gifting Credits

Allow customers to send store credit to friends or family members, along with any applicable bonus credits. Gifting credits expands your customer base through peer-to-peer recommendations, helping to introduce your brand to new potential customers.

5. Top-Up Options

For customers who already have store credit but want more, the Top-Up feature allows them to add credit directly to their Savebo wallet and receive bonus credits. This method encourages further purchases and allows brands to boost customer spending.

6. Multiplayer Saving

Customers can collaborate with friends and family toward a shared savings goal, creating a unique experience for group purchases. Multiplayer Saving enables social engagement with your brand and opens up opportunities for higher transaction values.

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Benefits for Merchants

Each of these payment methods gives merchants the flexibility to engage customers in different ways, rewarding loyalty, and promoting ongoing engagement. Savebo’s unique approach to prepayments allows merchants to build lasting customer relationships and increase revenue.

For more information, get in touch with us at [e-mail].