Achievements  |  Recognition  |  Сompany news   |   14.11.2022

Wallet Factory Named Asia eCommerce Awards 2022 Finalist

Wallet Factory, a FinTech provider of WaaS-backed payment solutions and customer rewards platforms, is pleased to share that it has been shortlisted as a finalist for the Asia eCommerce Awards 2022 in the Best eCommerce Loyalty Program category. This outstanding achievement has become possible due to the implementation of the company’s Digital Rewards platform to some of the Wallet Factory’s clients in Asia along with the great consequent results the customer loyalty platform has shown already in the regional eCommerce market. The official shortlist decision was made by the expert judging panel of industry leaders.

The Digital Rewards platform by Wallet Factory is designed to assist any-sized businesses, including eCommerce startups and scaleups, in reinforcing their customer loyalty and customer retention strategies. Providing end customers with personalized rewards, loyalty bonuses, and other individual incentives via branded mobile applications helps both offline and online retailers build a new level of long-lasting relationships with their customers.

We are honored to have the Digital Rewards platform recognized as a finalist for the Asia eCommerce Awards 2022 by Marketing Interactive. The integration of personalized in-app rewards for our client’s operations showcases the efficiency of hyper-personalization when it comes to launching customer loyalty strategies that matter. Wallet Factory will continue to help its clients from all over the world win and retain their customer audiences.

Mikhail Miro, Co-Founder and CEO of Wallet Factory

While drastically improving shopping experiences with a brand, the Digital Rewards platform adds much value in terms of revenue growth. The better consumers are treated with personalized rewards based on their previous buying behavior with a company, the more they are encouraged to purchase further down their customer journey. The right customer loyalty program can significantly stimulate sales. As customers use their eWallet apps for everyday shopping routines, they are incentivized to make repeat purchases via individual daily offerings, redeemable coupons, and mobile gifts.

With all that said, Wallet Factory is very pleased to demonstrate its customer loyalty solutions in Asia as the region has become the lodestone for many promising eCommerce businesses, world-leading retail networks, and global investors. This year’s fifth edition of the Asia eCommerce Awards exemplifies the importance of rethinking retail business strategies and implementing personalized rewards within customer loyalty campaigns. We are glad to have been chosen among a large number of the industry’s worthiest contenders across 37 awards categories.

Becoming one of the industry’s champions across all the countries in Asia and ANZ at such prestigious eCommerce awards is an incredible honor to our team. Building enduring relationships with their customers is imperative for any business nowadays, so Wallet Factory is ready to help Asian companies make a dream a reality.

Volo Budanov, Chief Product & Marketing Officer at Wallet Factory

From now on, all the finalists will be vying for their Gold, Silver, and Bronze trophies. The winners will be revealed during the lavish Gala Dinner that is slated for Friday, January 13, 2023. The venue of the Asia eCommerce Awards event is set to be the magnificent Shangri-La Hotel Orchard, Singapore. So, keep your fingers crossed for Wallet Factory and its Digital Rewards platform to become one of the Gold winners!

WF Team
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