Overstock.com Planning to Launch Rewards Program For Bitcoin Customers
Overstock.com, a major online retailer accepting bitcoin since January is planning to launch a rewards program for customers who pay in bitcoin. The plan is simple: offer customers who pay in the digital currency 1 percent back of their purchase price as 'Club O' points, which will allow the customer to apply the rewards toward a future purchase. In a statement to CoinDesk, Overstock.com CEO Patrick Byrne said the program is slated to make its debut in approximately four weeks. When I interviewed Patrick Byrne in November of last year, he told me that Overstock was looking to accept....
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Online outlet store Overstock.com is to launch a special rewards program that will give bitcoin buyers 1% back in the form of Club O dollars, the company's in-house rewards points. Speaking to CoinDesk, Overstock CEO Patrick Byrne said the scheme is expected to debut in approximately four weeks, although he did not commit to a definitive timeline. The program will not provide an instant discount on orders, but will instead give 1% of the total purchase value back to buyers to be applied to future purchases. Byrne did not provide further details of how the program would work, or whether it....
True to their word, online mega-retailer Overstock.com is planning to open up bitcoin sales to customers outside of the United States. The retailer said at the end of July that international bitcoin payments would be made available in six weeks, and now the New York Times is reporting that payments from customers abroad will be accepted come September 1st. The acceptance will happen on Overstock's international website, O.co, according to company CEO Patrick Byrne, who told the Times: I know that's it's become part of the Bitcoin lore in the United States to shop on Overstock... My hope is....
The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide. Customers of the world-famous car manufacturer will soon be able to claim blockchain tokens as rewards as part of a new membership scheme, called BMW Vantage.The Korea Times reported on Oct. 7 that BMW Korea is the first branch in BMW Group to run a trial of the new scheme and aims to fully launch it in the country by the end of 2020. It successful, the company is planning a global rollout.The points-based rewards program uses blockchain....
Razer’s rewards program is partnering with Cake DeFi to allow gamers and customers to redeem points for DeFi tokens. Gamers and customers of IT and gaming hardware firm Razer are set to plug into the world of decentralized finance (DeFi) through a new rewards swap program in partnership with Cake DeFi.Razer remains a household favorite brand for gamers around the world, with its Razer Gold rewards program allowing gamers to earn and redeem Razer Silver points for a variety of hardware and digital rewards, including Steam games and discount vouchers.Cake DeFi has teamed up with the rewards....
An Overstock spokesperson has told CoinDesk that its international payments rollout has been met with development delays. He said: "We're now quite confident that the feature will be live on 4th September." UPDATE (1st September 23:00 BST): Reddit users began reporting that bitcoin payments were not yet available on the company's international websites. UPDATE (20th August 10:06 BST): Patrick Byrne has said that bitcoin payments on Overstock's international website will go live on 1st September. The CEO revealed the news in an interview with The New York Times. Patrick Byrne, CEO of....