Endorse puts cash-back into user PayPal accounts
04 October 2012 | 1429 views | 0
Endorse, the next generation offers platform for consumer brands, announced today that it has partnered with PayPal, the fastest and safest way to pay and get paid online, via a mobile device, or in stores.
This partnership enables users to transfer their Endorse cash balances directly into their PayPal accounts.
In order to receive personalized offers for everyday consumer products, Endorse users can download the company's free mobile app for iOS and Android. Users earn cash back by buying those products in any store and then uploading an image of their receipt using the app. Users also earn Endorse Points every time they shop and submit the receipt, even if they have not redeemed an offer. These Endorse Points can be exchanged for cash or donated to DonorsChoose.org.
With the PayPal integration, Endorse users can now immediately transfer their cash rewards directly into their PayPal account at any time, with no minimum balance.
"For consumers, having offers and cash rewards in one place dramatically simplifies shopping and paying for their favorite products in stores," said Steven Carpenter, CEO and Founder of Endorse. "We chose PayPal, the ubiquitous consumer digital wallet, to enhance this experience and are excited to be working with them to expand the services we can offer consumers and brands all around the products they already love or are starting to discover."
Endorse allows major brands, such as Planters and Kraft, to directly connect with shoppers on mobile devices wherever their products are sold.
Endorse and PayPal are simplifying cash transfers from Endorse by allowing users to sign into PayPal directly from the Endorse mobile app. Once Endorse users give permission with their PayPal username, they can get paid out any time they wish. Currently, Android users can immediately transfer their Endorse cash-back balance into their PayPal accounts. Users with iOS devices will be able to use this feature within the next few weeks.
"Endorse is quickly becoming a favorite app of the frequent shopper and the integration with PayPal speaks to the growing acceptance of digital wallets by a tech savvy shopping public," said Hill Ferguson, VP of Global Product at PayPal. "Additionally, as brands and merchants look to connect with consumers directly in the store, after purchase and around the products consumers care about, we are excited about the opportunity this integration represents to increase both consumer satisfaction and product brand loyalty."