Friday, May 11, 2012

RewardLoop Raises $1M For QR Code-Enabled Loyalty Programs

rewardloop logoRewardLoop, a startup offering a nifty new approach to customer reward programs, has raised $1 million in Series A funding. To get started with RewardLoop, businesses need to install an adapter that connects to their point-of-sale system (namely, the technology that handles the checkout and payment process). Then, whenever someone makes a purchase, a QR code is printed at the end of their receipt, which they can scan in order to get loyalty points at the store.

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