As digital payments continue to evolve at a rapid pace across the Asia-Pacific region, forward-thinking fintechs and banks in key markets have a unique opportunity to leverage Visa’s latest innovations around flexible credentials and data tokens to reimagine the consumer experience and embedded payment loyalty programs.
An excellent report on the evolution of Payment embedded loyalty & memberships
Source;
– 10K – https://t.co/oPS6bCKtxb
– https://t.co/Yxr3VblLsP.— Abhay 🇸🇬🇮🇳 (@Abhay08)
Mar 27, 2024
Costco’s Revenue from membership fees is a whooping $4.5B
– All membership discounts inclusive, it enjoys 10.6% gross margin on commodity goods
– membership fees constitute 72% of the company’s profits!!
– member renewal rate ~90%— Abhay 🇸🇬🇮🇳 (@Abhay08)
Mar 27, 2024