Actress Kaley Cuoco Uses Local Offers to Dine,
Ride and Earn Uber Discounts
Uber and Visa Inc. (NYSE: V) today announced Uber Local
Offers, a new way for riders to earn discounted rides by simply
using the same Visa credit card on file with Uber at their favorite
local merchants*. With Uber Local Offers, Uber riders get more out
of shopping and dining, while merchants get a simple new way to
acquire customers, drive loyalty and increase sales. Local Offers
will initially be rolled out in phases to Uber riders in San
Francisco and Los Angeles.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160830005801/en/
Uber Local Offers with Visa (Photo:
Business Wire)
How Uber Local Offers Works:
Uber riders earn one point for every dollar spent at enrolled
merchants**. Points are tallied in the Uber app, and for every 100
accumulated points, riders will receive $10 off a future Uber ride.
The program can be accessed through the latest version of the Uber
app and once signed-up, riders will find it works seamlessly
without having to access codes or use coupons. Merchants can
sign-up to take part in the program at:
https://www.visa.com/loyalty/commercenetwork.
There is already a strong connection between Uber, riders and
local businesses. Visa cardholders who use Uber in the United
States spend more than $144 billion per year in physical stores
with $2 billion spent at local businesses soon after getting out of
an Uber***. With Uber Local Offers, merchants can encourage riders
to shop and dine in their stores and restaurants in exchange for
Uber points, driving increased customer acquisition, engagement and
retention. Some initial participating businesses in Los Angeles and
San Francisco include Barcito, Delarosa, Ike’s, Lucille’s
Smokehouse Bar-B-Que, Mixt Greens, Peet’s Coffee, PizzaRev,
Specialty’s Café & Bakery, Super Duper, The Pie Hole, Uno Dos
Tacos, Veggie Grill, and Wurstküche.
To highlight the simplicity and benefits of using Local Offers,
actress Kaley Cuoco, shows off this new program at two of her
favorite Los Angeles restaurants, Barcito and The Pie Hole,
captured in this video to be shown in online social channels.
“I love seeing great things come together, especially right in
my home town of Los Angeles,” said Kaley Cuoco. “Now I get rewarded
for things I already do – shopping, eating and paying with my Visa
card. The security, speed and convenience I have through Visa makes
the Uber Local Offers program a no-brainer.”
“The heart and soul of Los Angeles is its small businesses,”
said Andrea Borgen, general manager/owner, Barcito. “Barcito is
thrilled to be part of Uber’s Local Offers which will not only
build loyalty with our current regulars, but also encourage new
guests to experience our restaurant in downtown LA.”
“We’ve built Local Offers right into the Uber app, making it a
one stop shop for riders to see our curated list of places and
track progress toward free rides,” said Drew Quinn, product
manager, Uber. “We’re excited to partner with Visa to help riders
get even more out of their experience shopping and dining at the
places they love, and the local favorites they’ve yet to try.”
Visa Commerce Network
Uber Local Offers is powered by the Visa Commerce Network, an
offers and loyalty platform that works by connecting transactions
between two merchants. For example, a hotel can provide its
customers with offers from local restaurants using Visa Commerce
Network, and with cardholder consent, track engagement and even
issue rewards. Qualifying purchases are recognized at the point of
sale and rewards can be seamlessly applied to cardholder accounts –
eliminating the need for coupons or redemption schemes. Visa
Commerce Network is available through commerce APIs built on the
world’s largest electronic payment network, VisaNet, and can be
easily utilized by merchants through commerce application
programming interfaces (APIs).
“Our partnership with Uber and local businesses is a great
example of Visa’s ability to deliver value to businesses and
consumers in a way that is simple and seamless,” said Terry
Angelos, vice president of loyalty and offers for Visa. “The rider
experience can now be extended beyond the car and into the local
community, where merchants can access $2 billion in local spending
while rewarding cardholders for everyday purchases. That’s a
relationship that makes sense for riders, Uber and local
businesses.”
For more information on the Visa Commerce Network or to sign up
as a participating merchant, please visit
https://www.visa.com/loyalty/commercenetwork.
* Merchants must be included in the Local Offers Program
** Points received for every dollar spent may vary
*** VisaNet, From July 2015 to June 2016
About Visa Inc.
Visa Inc. (NYSE:V) is a global payments technology company that
connects consumers, businesses, financial institutions, and
governments in more than 200 countries and territories to fast,
secure and reliable electronic payments. We operate one of the
world’s most advanced processing networks — VisaNet — that is
capable of handling more than 65,000 transaction messages a second,
with fraud protection for consumers and assured payment for
merchants. Visa is not a bank and does not issue cards, extend
credit or set rates and fees for consumers. Visa’s innovations,
however, enable its financial institution customers to offer
consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit
usa.visa.com/about-visa, visacorporate.tumblr.com and
@VisaNews.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160830005801/en/
Visa Inc.Kryssa Guntrum, 415-805-4488kguntrum@visa.com
Visa (NYSE:V)
Historical Stock Chart
From Mar 2024 to Apr 2024
Visa (NYSE:V)
Historical Stock Chart
From Apr 2023 to Apr 2024