Hello Clever and Tyro partner to bring instant cashback rewards to Australians
Hello Clever, a leading Australian fintech company known for its real-time payments and loyalty platform, has joined forces with Tyro Payments, to revolutionise the country’s loyalty and cashback rewards landscape.
Launching to around 70,000 Tyro merchants, shoppers can now redeem instant cashback rewards on everyday transactions in-store and online through Hello Clever. This includes Tyro’s extensive network of retailers and hospitality venues.
Addressing the complexities and perceived lack of value in traditional points-based systems, where over 54% of loyalty-based reward memberships are inactive, Hello Clever’s Real-Time Cashback Rewards is redefining the in-store shopping experience with Tyro merchants.
In an Australian-first, Hello Clever users can now receive their rewards instantly, spend them immediately at participating outlets, and withdraw cashback rewards directly to their bank accounts almost instantly. The company’s Instant Cashback Rewards platform coupled with Tyro’s Loyalty API is a first-ever solution that means customers get their money back within seconds vs up to 90 days for typical rewards programs.
The partnership also brings great value to Tyro merchants, giving them a new way to instantly reward their customers, increasing loyalty and sales.
As economic pressures continue to grow, three in five customers (60%) plan to increase their reliance on rewards programs, particularly cashback options, over the next 12 months.
Caroline Tran, CEO at Hello Clever, commented, “Providing shoppers with easy-to-access rewards online has always been our mission. Now, through our unique partnership with Tyro, we’re able to provide our customers with instant cashback rewards when shopping with their favourite in-store retailers, hospitality venues, and other merchants.
“Amongst the current economic climate, shoppers are seeking instant rewards and benefits more than ever. Traditional loyalty-based rewards are often too complex and cumbersome to provide value for everyday purchases. As shoppers become more conscious of their spending, Hello Clever is committed to providing them instant rewards.”
Dee Bannatyne, Chief Growth Officer at Tyro, added, “We continuously strive to innovate in the payments space so that we can help Aussie businesses provide fantastic dining experiences for their customers. We are thrilled to be partnering with Hello Clever on this initiative, providing rewards for our merchants and customers alike.”
Established in 2021, Hello Clever has processed hundreds of thousands of card and Real-Time payments for Australian businesses, achieving 600% year-on-year growth in Q1 2024.
Shoppers can join Hello Clever and begin to claim instant rewards at participating Tyro merchants by downloading the Hello Clever app via the App Store.
For merchants wan<ng to learn more they can visit: www.helloclever.co/tyro
