Payout
Go Payout – sometimes cash is the best reward. While there are specific rules on cash payouts in many jurisdictions, often a simple, direct monetary benefit is the most appropriate solution. In an uncertain world, especially in countries where inflation is rampant hard currency is a very attractive option.
Reward the World™ offers a wide range of payout options including international bank transfers, using a range of payment providers, Visa and Mastercard prepaid cards ( in a wide range of currencies), popular gift cards, mobile top-ups, Duty-Free Cash™ and Paypal. We can even make payments to debit and credit cards.
We specialise in and have a highly efficient payment mechanism for Micropayments (transactions below $10). We can also make payments in Crypto to most Crypro-wallets and to cash pickup points.
Payouts can be scheduled in batches for a monthly payout run, as is popular when rewarding survey participants and panellists or points can be awarded allowing the recipient to choose when to redeem as cash or another reward. Payout is also a simple way to use up and get value from reward points that may have been languishing away unloved.
Payout - send "cash" payouts across the world
Typically Payout rewards are relatively low-value reflecting both the value of the transaction being rewarded and the local tax thresholds for such rewards. Therefore, the payment mechanism needs to be quick, low-cost, secure and as seamless as possible. For example, the most popular gift cards tend to have a value in the $10-$20 (€10-€20) range. Reward the World™ provides financial-market-grade antifraud functionality that can limit redemptions to a maximum value and frequency and readily identifies potential fraudulent activity. Two-factor authentication is required for all users of the Payout service to ensure security.
Payout is part of our drive to improve loyalty point fluidity – the ease with which your customers, members or employees can earn, redeem, and transfer their loyalty points in an increasingly busy and distracting world.
How does it work?
The cash payout redemption process is very straightforward. A properly authenticated and registered user visits the Cash Payout page and initiates the process:
- Step 1 – Select the currency required
- Step 2 – Select the amount required using the slider
- Step 3 – Enter your bank details and email
- Step 4 – Confirm & redeem using your points
- Step 5 – Track payout status
Typically, the currency will be restricted to the jurisdiction of redemption. However, alternative currencies can be offered where deemed appropriate by the program operator. Within the SEPA zone payments will normally arrive in under one hour.
Why "cash" Payout?
Cash payout rewards are an obvious choice for territories where cash and hard currency are the preferred choice. The main features of Payout are:
- International Reach: we can make direct account transfers to over 70 countries and in over 50 currencies
- Instant Conversion: seamless technology integration allows instant conversion of points to local currency value, making transactions smooth and hassle-free.
- Simple and Secure: simple, secure and cost-effective for low-value payouts
- Self-service app: easy-to-use batch or self-service payout execution
Reward the World™ aims always to extend the choices of rewards available to the client’s members, customers, employees, panellists and partners to optimize the value of rewards and loyalty programs.
Market research panelists rewards
With our Market Research Incentives & Rewards solution, you can quickly select and send to your panelists and other research participants both branded and category-based eGift cards, allocate reward points or make instant cash payments via a range of widely recognized payment processors.
Customer loyalty rewards
Our elegant rewards platform easily integrates with your Loyalty Rewards & Incentives Program or can run standalone. Allowing you to offer millions of rewards, in up to 15 languages, available instantly, 24/7 at the click of a button, to reward the desired behavior, be that repeat business, a sign-up, or providing feedback.
Employee recognition
Our Employee Rewards & Recognition Program is ideal for SMEs or smaller organizations looking to improve engagement and motivation. We offer a flexible program that can be tailored to your specific needs, whether you want to recognize outstanding performance, reward staff for hitting targets, or simply say thank you.
Offer your very own rewards platform
With full API integration, our rewards catalog of over 60 million products can be offered on a white-label basis, so recipients can browse and redeem their rewards transparently on your own, branded website or intranet.
Businesses issuing high volumes of rewards benefit from our analytics interface making it easy to review redemption rates and discover types of rewards that resonate best with your audience. Get in touch with our rewards expert to learn about getting your own-branded rewards platform today.
We are the trusted reward partner for companies of all sizes
Discover our full range of rewards and incentives
While sometimes for a specific campaign or program, a specific reward makes sense choice is always going to be an important factor whether you are the giver or receiver of the reward. We aim to provide a wide range of popular entertainment choices including music, movies, ebooks, audiobooks, video games, and e-magazines. To complement these entertainment options we can deliver a huge range of gift cards, mobile top-ups for most networks across the globe, and to-person payments using PayPal, bank transfer, or direct-to Wallet. The more discerning consumer can also select from an ever-increasing range of experiential rewards to enhance a vacation, weekend out, or a day out.
Gift cards
Music
Movies
Top-ups
Games
Loyalty Swap
Duty-Free
Music
Movies
Books
Games
Cash
eBook/Audio
Music
Movies
Books
Games
Cash
Getting set up is easy
Getting started is so simple – schedule a chat with us so we can help you set up the right account and level of integration for the type of program and volume of activity that you anticipate
With the PAYG option, select the country where you want to send rewards or cash, select the reward type, and set the value you require. While with full integration, members can redeem points for rewards, via your system, at any time and buy more points where required and enabled.
For push rewards, either select a message or create a new template. Select the delivery channel for the reward: email, sms, Twitter, etc. Key in or upload a list of recipient details
The recipients can redeem points or rewards immediately on rewardtheworld.com or via a white-labeled version, branded to meet your needs. Where the reward is cash the recipient will be notified that the cash has been sent to their preferred destination.
