The payment company Fast Shift has introduced its new project, the “Loyalty Program,” designed to encourage users to make more transactions and, in return, benefit from special offers, as well as to foster new partnerships with various companies.
Details of the program can be found on the main page of the Fast Shift app by clicking the “Join our Loyalty Program” button or by searching for “My Loyalty Program” in the “More” section. The accumulation period lasts one month, and the collected amount can be used during that period. A new cycle begins every following month.
Based on the monthly transaction volume, users are awarded titles:
Rising Star – for transactions of at least 250,000 AMD
Champion – for transactions of at least 500,000 AMD
Legend – for transactions of at least 700,000 AMD
According to these titles and the accumulated amounts, users receive cashback from partners when paying through the Fast Shift mobile app. The cashback rates are set depending on the user’s title. The maximum cashback amount is capped at 30,000 AMD. Cashback is only provided for successful transactions; in case of a canceled transaction, the cashback is deducted from the refunded amount.
“This is not only exciting news for our users but also a great opportunity for us as a fintech company introducing innovative new projects. I would like to emphasize that new organizations will be regularly added to the ‘Offers’ section of the program, leading to new collaborations. Of course, depending on the user’s title, the cashback percentage increases, and more attractive offers become available,” said Irina Gasparyan, CEO of Fast Shift.
The Fast Shift payment company is regulated by the Central Bank of Armenia.