Show IH: Boostpay – Card-linking API that is affordable, flexible, and works with Plaid.
Hi Everyone,
The Boostpay team here to provide some background on our project (https://boostpay.cash).
Our team has been hard at work to provide an all-in-one API for card-linking. We wanted to provide a solution that was flexible, affordable, and convenient. We set out to simplify the current industry and make it more accessible. Boostpay is here to fit your current platform.
What is Card-linking? Card-linking allows users to enjoy automatic cashback on existing debit and credit cards. It can be used for saving towards financial goals, optimizing spending habits, or simply bringing external financial value to a service. Card-linking cashback works just like credit card cashback ( automatically redeemed) and is provided from retailers, meaning cashback offered is between 5-20%.
Some big difference from other card-linking:
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Boostpay works with your existing Plaid system
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Simple and Affordable pricing
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Straight-forward integration that does not take months
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Thousands of Retail Partners already included
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Flexible and tailored to your fintech offering
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Boostpay manages the entire card-link system for you
Currently Boostpay is in private beta but we hope to open up doors soon. We are accepting interested projects, which we will work very closely to ensure success. If interested, please feel free to reach out and signup on the site!
Best,
Boostpay Team
Can you explain what it actually does?
This doesn't really tell me much. I have to admit I'm annoyed when I read "allows X to enjoy Y" as an explanation of a business, because there really isn't anything I can take away from it.
How does it actually work? What do I physically do, step by step, and what do I get back for it? It sounds interesting but is too vague to judge right now. As far as I know, I already automatically use my cashback.
Hey JoshJordan,
Appreciate the question!
Card-linking is a form of cashback in which retailers pay back a part of your purchase. It is similar to deep-link affiliate networks ( ex ebates) but works with in-store purchases and without the need for coupons, QR codes, or receipt snapshots. It is completely automatic.
Card-linking also does not replace your cashback from your credit card. It is made to be an additional reward and can be stacked onto your existing card rewards.
Your credit card rewards are provided by the credit card issuer, where card-linked rewards are incentivized discounts from retailers.
Boostpay allows new and existing platforms to offer these benefits through our API. Both for credit cards (which means double rewards) and for debit cards. With our turn-key solution, platforms can provide card-linking and can access our network of retail partners offering 5-20% cashback. Our API streamlines the entire process while also being the fastest integration solution and the most affordable.