Debit Rewards

This application is designed to provide members/customers with cash back each month based on the POS withdrawals performed on specific checking account minors.  Rewards can be based on either the number of withdrawals or on a % of the value of withdrawals.

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In stock
SKU
RESOFTAPP0203
Developed By: Redstone Federal Credit Union
Version: 4.1.0.0 Published January 2021

The Debit Reward application is designed to provide members/customers with cash back each month based on the POS withdrawals performed on specific checking account minors.  Rewards can be based on either the number of withdrawals or on a % of the value of withdrawals. The total amount is then credited to the customer/member's checking account in the early part of the next month.

The application provides the benefit of providing a value-added product to checking accounts. Also, by encouraging debit card transactions your Financial Institution will benefit from more interchange fee income.

 

Benefits

  • Provide added value to your checking products
  • Increase debit card usage and interchange fee income
  • Encourage members/customers to sign up for e-statements
  • Differentiate your debit cards in the market with a rewards program

 

IMPORTANT: This app is not available for Data Center clients

DNAapp Type: Batch Application

Developed with DNAcreator™

 

  • Fiserv DNA 4.0 or higher 
  • .NET Framework 4 
  • Core API Batch Start (https://www.dnaappstore.com/core-api-batch-start.html) is required for batch applications that use Core APIs. Debit Rewards uses a Core API to make monetary transactions when in update mode. If this application is run in update mode (RptOnly_YN = N) then Core API Batch Start is required. If the application will only be used to produce SWIM files then Core API Batch Start  is not a requirement
         Once Core API Batch Start is installed, a user must login to DNA and execute the Core API Batch Start application before Debit Rewards can be run in update mode.
    • Batch > Run Queues > Batch Start DNAapp
  • Authorization needs to be granted to users who will be running the Flexible Debit Reward Sharing Application

 

Please refer to the User Guide for more information.

 

IMPORTANT: This app is not available for Data Center clients

 

 

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