Jointly developed with merchant processing partner ACI Worldwide
SAN FRANCISCO, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) — RocketFuel Blockchain Inc. (OTCQB: RKFL) (“RocketFuel” or “Company”) is a global provider of ACH bank transfer, Bitcoin and other payment solutions. is. cryptocurrencies is pleased to announce the launch of a loyalty program developed in collaboration with ACI Worldwide, a large merchant processing partner.
The RocketFuel Loyalty Program will be available initially to select merchants, with a full release planned for the end of 2022. Both merchants and shoppers will benefit from the world’s first crypto-payment loyalty program. A merchant customer earns his RocketFuel loyalty tokens free with every purchase. Merchants can advertise their goods and services to all members of the RocketFuel Loyalty Program. The shopper earns her RocketFuel tokens on every merchant purchase and can redeem them with participating merchants on RocketFuel’s marketplace.
The timing of the RocketFuel loyalty program is critical as the Metaverse gains traction with the latest technology. A merchant can include his NFT technology in promotions to members. Shoppers can earn blockchain-based tokens instead of points. Tokens can be easily transferred, shared, repaired, or sold.
RocketFuel CEO Peter Jensen commented: Payment service providers and others have traditionally been excluded from participating in the revenues and benefits from loyalty programs. With our unique model, this new RocketFuel loyalty program changes all that, enabling participation and additional revenue for our partners and merchants. This is a win-win for all merchants and shoppers. ”
Basant Singh, senior vice president and global head of merchants at ACI Worldwide, said: The opportunity for payment service providers to participate in the revenue and profits from loyalty programs is a first and significant game changer for the industry. ”
About RocketFuel Blockchain, Inc.
RocketFuel is a global payment solutions company that provides online shoppers with a simple, easy-to-use one-click checkout process that accepts payments in bank transfers, Bitcoin, and over 50 cryptocurrencies. RocketFuel offers a highly secure and efficient shopping cart experience with significantly lower fees for merchants and the advantage of no chargebacks or card rejections. RocketFuel’s solutions focus on improving speed, security, and ease of use while eliminating the risk of data breaches and enhancing customer privacy protection. Shoppers at RocketFuel-powered online stores enjoy a seamless checkout and forget the clumsy cart paradigm of the past. RocketFuel merchants can implement new impulse buying schemes and create new sales channels not available with other current e-commerce his solutions. For more information on RocketFuel, please visit: www.RocketFuelBlockchain.com
Disclaimer of forward-looking statements:
We believe this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. “project”, “estimate”, “pro forma”, “forecast”, “possibility”, “strategy”, “forecast”, “try”, “development”, “plan”, “support”, “believe”, The words “continue,” “intend,” “expect,” “future,” and similar significant terms (including the negative of these terms) may identify forward-looking statements. Such forward-looking statements, including, but not limited to, statements regarding management’s future business plans and objectives, are based on management’s current expectations and are substantially different from forward-looking statements. Subject to risks and uncertainties that may lead to different results. Actual results, timing of particular events or circumstances may differ materially from those set forth in forward-looking statements as a result of these risks and uncertainties. Factors that may affect or contribute to the accuracy of forward-looking statements or cause actual results to differ materially from those anticipated or desired include market conditions for the Company’s products and services. Including but not limited to acceptance. Competition from existing products or new products that may emerge. Implementation of the company’s business model and strategic plans for its business and products. Estimates of the company’s future revenues, expenses, capital requirements and funding needs. Current and Future Government Regulations. Developments related to the Company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements due to the risks and uncertainties associated with them. Further information regarding such risks and uncertainties is available from the Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K for the fiscal year ended March 31, 2022 and its quarterly reports. ) to review company filings. Report on Form 10-Q for the fiscal period ended January 30, 2022. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information or future events or developments, except as required by law.
For more information, please contact:
Companies:
contact@RocketFuelBlockchain.com
Investor:
Ben Jankowitz, CFO
b.yankowitz@RocketFuelBlockchain.com
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