Giftbit Launches Catalog Update With International Reach
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Giftbit, a digital rewards provider that says it helps companies increase revenue and productivity, launches what it calls a major update to its rewards platform offering global reach, automation, and transparency.
“The updated Giftbit platform is another step forward for the digital rewards industry, one that in the past has been characterized by waste, opaque pricing, and manual effort,” says Leif Baradoy, Giftbit’s CEO, in the announcement. “Companies can now launch a modern automated incentive program in just a few clicks and know exactly where and how their rewards budget is being used.”
The company says the “expanded global platform makes it easy for businesses of all sizes to incentivize employees, recruit research participants, and reward customers. Giftbit’s catalog now offers nearly 1,000 gift card options, including dozens of options from countries in Europe, the UK, Australia, and India. In addition to the growing gift card options, Giftbit has also launched a new international prepaid card which can be used in over 100 countries.”
Price transparency remains a core part of the newly expanded platform, the company says. “In contrast to similar platforms, Giftbit gives customers a clear view into their program financials and offers innovative ways to save money or tap into revenue opportunities...If you’ve been wanting to launch or grow a rewards program but you’ve been turned off by the effort required, a fear of being ripped off, or a clunky international setup, the updated Giftbit platform is for you,” adds Baradoy.
On its web site, the company says it is committed to financial clarity. “Make informed, sustainable decisions armed with the right information. In a historically tight-lipped industry, we break convention and share every detail on discounts, margins, and revenue. Our goal is to grow healthy and mutually beneficial partnerships with our clients.”
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