CONNECT WITH US
eCommerce

eCommerce

PayRewards adds Avios transfer for US business users

Ecommerce News India logo

Published on

Add as a preferred source on Google
PayRewards adds Avios transfer for US business users

PayRewards has added British Airways loyalty currency Avios to its points transfer network, allowing US business customers to convert PayRewards points into Avios at a 1:1 rate.

Customers earn PayRewards points on business payments made by ACH or credit card, including rent, utilities, taxes and vendor invoices. Those points can now be transferred into Avios and used for British Airways flights between the US and London, as well as flights on partner airlines, subject to reward seat availability.

Avios is the third airline transfer option on the platform, after Cathay Pacific Asia Miles and Singapore Airlines KrisFlyer. More transfer partners are due to be added.

Avios is used across several airline loyalty schemes, including British Airways, Iberia and Aer Lingus. British Airways operates nonstop services to London from 27 US cities, including New York, Los Angeles, Chicago, Miami, Boston, Washington and Dallas, where PayRewards is based.

For customers redeeming through British Airways, Avios can be used across cabins from economy to business class. One-way flights start from 27,500 Avios plus GBP £75 in taxes and charges on an off-peak route between New York and London.

PayRewards is targeting a part of corporate spending that often earns no points, particularly payments made by ACH. Vendor payments by bank transfer account for a large share of business spending each year, yet usually come with no loyalty rewards.

Its platform lets businesses earn points on those transactions as well as on card payments. When a customer pays by card, the business keeps the rewards offered by its card issuer and also receives PayRewards points on the same spending.


Source link
Related Topics:eCommerce

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.