About Wagestream
Wagestream, an innovator in the financial services sector, is committed to improving the financial well-being of frontline workers by providing fairer, more accessible financial services via their employers.
As part of their service offerings, they partnered with Tillo to introduce a new tool to their Financial Wellbeing App - Discounts - empowering their members to reap the benefits of gift card discounts and start saving money on their day-to-day shopping.
Industry
Employee Rewards
Voluntary Benefits
Market
UK, US
Challenge
Deliver a value-adding feature to Wagestream users that helps to support their financial freedom.
Solution
Utilize Tillo's Gift Card API to empower Wagestream users with the ability to buy discounted supermarket gift cards.
Result
Wagestream users have saved thousands on their weekly food shopping and love the new Discounts feature.
Read more about how Tillo is working with Wagestream
Wagestream is committed to improving the financial well-being of frontline workers by providing fairer, more accessible financial services via their employers.
As part of their service offerings, they partnered with Tillo to introduce a new tool to their Financial Wellbeing App - Discounts - empowering their members to reap the benefits of gift card discounts and start saving money on their day-to-day shopping.
Seamless integration with Tillo's API
Integrating Tillo's extensive digital gift card catalogue, featuring over 2000 global brands, into Wagestream's platform was swift and straightforward, thanks to Tillo's user-friendly API and dedicated Customer Onboarding team.
Tillo’s API allowed Wagestream to access thousands of brands under one contract and with just one integration, reducing onboarding costs, time, and stress for all parties involved.
Seamless
Immediate digital issuance for
efficient distribution nationwide.
Reliable
A robust platform with zero downtime for an uninterrupted service.
Efficient
Access to real-time data insights and reporting for trend analysis.
A value-adding feature for all
With Wagestream's Discounts feature, members purchase a voucher for their favourite retailer, use the voucher to pay, and in the process, save a percentage of their purchase total thanks to the power of gift card discounts.
On average, gift card discount rates range from 3% to 9%, depending on the chosen retailer and the promotional period. By using the Discounts feature regularly, members can save significantly at major retailers such as Tesco when simply doing their everyday food shop.
The feature has had fantastic feedback from workers using the app, and from employers who are keen to support colleagues through the cost of living crisis.. The service is utilised across various purchases in multiple sectors, including groceries, retail and wellbeing.
Uncovering new use cases for gift card discounts
Wagestream’s collaboration with Tillo exemplifies just one of the new use cases emerging for digital gift cards, showcasing a mutually beneficial arrangement for all involved. Wagestream enriches its value proposition to its users, who, in turn, reap the benefits of discounts on their regular purchases.
Especially during the ongoing cost of living crisis, small savings such as these can greatly impact a person's financial situation. Through its partnership with Tillo, Wagestream has been able to further its mission of better financial well-being for frontline workers by helping them make their money go further.
Making real savings, one Discount at a time
Since its launch, the Wagestream Discounts feature has seen impressive user adoption and makes a real difference in people's lives.
Almost 2,000 Wagestream members have already used the feature to date, collectively saving thousands of pounds on their weekly shop..
Here's what some of their users have to say about the feature:
"I use build and vouchers. Wagestream has really been a lifesaver!."
"I love the vouchers feature as it enables discounts at large, reputable stores"
"Doing a big shop with vouchers, it saves a few quids for something nice for myself"
"I use the vouchers; the percentage off for the big shop is massive"