Let's look at the Fetch Rewards business model in detail. How Fetch Rewards makes moneyįetch Rewards makes money by charging its partner retailers an affiliate commission, known as a "referral fee." It also charges interchange fees for users that acquire products and services using its dedicated MasterCard debit card. The company offers points for a wide variety of services and goods, such as groceries, drug stores, and convenience store purchases, filling your tank at selected gas stations, or purchases at liquor, pet, and hardware stores. It's a user-friendly platform, and users snap photos of their receipts, uploading them to their accounts.įetch Rewards image recognition AI identifies qualifying receipts, issuing the user with points to reward them for using the platform. The Fetch Rewards business model operates on affiliate commissions paid by its partner retailers. Users download the Android or iOS app, earning points for uploading scans of their receipts. How does Fetch Rewards work?įetch Rewards operates a mobile shopping network rewarding users for purchasing goods from their favorite retailers and brands. Participating e-tailers include Amazon, Walmart, Shipt, Target, Costco, and Instacart. Depending on its value, the user receives points for each receipt they upload to the site.
The Fetch Rewards eReceipts program allows participants to connect their email or Amazon account to their profile for online shopping. The company charges these partners a commission for bringing them business through its network of registered users. Users register on the site and start scanning receipts for their purchases to earn gift cards and cash back.įetch Rewards partners with many retail firms, outlets, online marketplaces, and corporate partners. Fetch Rewards is a consumer retail rewards platform.
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