26 May 2013

American Express reward points redeemed for virtual goods

30 November 2010  |  6884 views  |  0 2nd life

American Express is to offer cardholders reward redemptions for virtual goods and games produced by Zynga, the developer of the popular Farmville Facebook game.

Zynga redemption offers will start at 200 American Express points and can be exchanged in return for virtual and physical game cards, as well as a variety of limited edition virtual goods, such as FarmVille manors and windmills, Café World fountains and stoves, and YoVille roadsters and robots. A $25 game card will trade for 2500 American Express points, with a point equivalent to a $1 spend on each card.

Dan Schulman, group president enterprise growth, American Express, says: "Our relationship with Zynga, one of the key players in the digital space, marks a new redemption category for American Express and reflects our ongoing commitment to expanding and deepening the value we offer customers online."

He says the relationship will be extended to encompass joint-marketing initiatives and exclusive offers for both company's membership bases.

Zynga currently claims more than 225 million monthly active users for its online gaming network.

Vishal Makhijani, SVP of business operations at Zynga, says: "Our partnership with American Express marks the first time that virtual goods are available for purchase with rewards points and reinforces our commitment to offer consumers meaningful experiences that enhance their game play."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related stories

26 November, 2010
18 November, 2010
22 September, 2010
01 September, 2010
10 August, 2010
22 July, 2010
05 May, 2010
19 February, 2010
18 November, 2009
03 July, 2009
30 June, 2009

Related company news

 
Find out moreFind out more

Who is commenting?

Finextra Member Commented on: The Naked King
Finextra Member Commented on: Cash is dead - in Finl...
Finextra Member Commented on: Cash is dead - in Finl...

Featured job

Excellent salary with uncapped commission
Milton Keynes

Find your next job