October 10, 2016Blog Posts

FIS launches real-time loyalty redemption at BP

Mobile Payments Today:

FIS Premium Payback, a real-time, point-of-sale redemption service from FIS, is rolling out nationwide following a successful pilot program with BP, one of the world’s largest oil and gas companies.

FIS Premium Payback connects millions of consumer payment cards with loyalty programs to a redemption option at the point of sale and FIS is rolling it out across all its loyalty clients. The program will enable retail loyalty programs to be connected to FIS’ broader loyalty network, thus offering more redemption options to consumers, according to a press release.

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