Perx Technologies, a category creating Lifestyle Marketing SaaS Platform provider today announced its strategic partnership with PT. Bank Commonwealth (PTBC), a subsidiary of Commonwealth Bank of Australia (CBA), the largest financial institution in Australia. This partnership complements PTBC’s newly introduced mobile banking application, CommBank Mobile, to drive higher customer growth and engagement through the digitalisation of its customer acquisition, and loyalty and rewards management initiatives.

PTBC’s transformation journey from a traditional bank to a digital-first bank puts greater emphasis and importance on a seamless customer experience and engagement. To support its customer acquisition strategy, PTBC will leverage Perx’s Loyalty and Engagement Platform to deliver personalised and gamified engagements that reward customers for specific actions and interactions.

“This partnership with PTBC signals trust from yet another digital leader in the banking industry,” said Anna Gong, Founder, and CEO, Perx Technologies. “The Perx platform was purpose-built for large enterprises, investing in mobile-led and data-driven approaches. The primary driver has been to creatively connect with customers and drive change in customer behaviour through dynamic last-mile engagements, whilst boosting revenue and improving customer experience through instant gratification. This has been a key differentiator for us, and we are thrilled to support PTBC in its journey to further improve its engagement with its customers.”

Following the successful launch of its digital e-kiosk in 2017 – Indonesia’s first fully digital self-serving kiosks that allow customers to open their bank accounts in under ten minutes, PTBC has just launched its new mobile banking app, CommBank Mobile. CommBank Mobile has been designed to help its users better manage their finances and achieve their goals with features including its easy-to-use expense tracking function and its Goal Saver product. Combined with these features, CommBank Mobile will leverage the Perx platform’s unique engagement mechanics and gamified experiences to increase last-mile customer engagements by incentivising day-to-day customer actions with personalised rewards.

“Perx Technologies will be one of the key enablers for us to achieve our customer acquisition targets through gamified engagements that deliver relevant and personalised rewards for customer actions. Perx’s deep domain expertise in the banking and financial services sector, and its end-to-end customer data and engagement platform are a great match for our customer acquisition and retention needs at PTBC.” said Ming Chen, Director of Digital & Strategy at PT. Bank Commonwealth.

“As we demonstrated in the past with our digital innovations, which has included the digital e-Kiosk, and the SmartWealth app – our award-winning wealth management mobile application, PTBC is committed to continuing its digital transformation journey. The CommBank Mobile app is the next evolution of that journey and will ensure Commonwealth Bank continues moving towards its purpose: ‘to improve the financial wellbeing of our customers and communities’.” Ming added.

With rewards programs usually taking weeks to set up, implement and curate, Perx’s Loyalty and Engagement Platform will enable PTBC to run multiple reward campaigns concurrently that appeal to their customers and efficiently meet business objectives. Other big brands who trust Perx Technologies to help yield better last-mile customer engagement include StarHub, HSBC, UOB, Digi Telecom, DBS and Razer Fintech.

Perx Technologies, a leading enterprise SaaS Loyalty and Engagement Platform provider today announced its partnership with Asia’s leading omnichannel Buy Now Pay Later ecosystem, hoolah. Perx would help accelerate hoolah’s Buy Now Pay Later (BNPL) offering through clever and engaging in-app customer experiences.

Launched in March 2018, Singapore-headquartered hoolah offers merchants a buy now, pay later platform to drive their key marketing metrics of more customers, conversion, basket size and loyalty by offering consumers a seamless solution to check out in three separate zero-interest monthly repayments.

Buy Now Pay Later (BNPL) is a way of paying for products or services to reduce the impact of price in the consumer’s buying decision. It enables them to pay a fraction of the price upfront with the remaining sum spread out over a predefined period, at zero interest, no processing or hidden fees. BNPL has become very popular globally, and now Singapore is also seeing the rise of pay later providers in the past two years led by hoolah.

As a digitally native company hoolah is leading with a seamless, gamification-based in-app customer experience to solve critical challenges faced by merchants in customer acquisition, frequency of purchase and basket size – all aimed at driving consumer affordability to the things they want and need – responsibly. To support its accelerated growth in the region, hoolah has chosen to partner with Perx and leverage their Customer Loyalty and Engagement Platform to deliver personalised and gamified engagements that reward customers for their actions and interactions.

“As a digital native in the buy now pay later space, our goal is to provide flexibility to consumers in a world filled with constraints and do so responsibly. We chose Perx’s Loyalty and Engagement Platform to build meaningful engagements in our hoolah ecosystem between consumers, partners and merchants. Perx’s Loyalty and Engagement Platform will help us augment the natural value of the hoolah platform by further driving customer acquisition and retention through personalisation and dynamic in-app engagements that reward customers for their every action. We chose Perx because of their deep domain expertise in the banking and financial services sector, its end-to-end customer lifestyle marketing platform and their partner-first team culture – all of which are wonderfully aligned to hoolah,” said Stuart Thornton, CEO, hoolah.

“We have experienced a big refocus with digital natives wanting to partner more, rather than build their own marketing solutions. This allows them to double down on creative, innovative revenue and engagement models centered around customer experience and delight – a core focus most digital natives are doing great in. The Perx platform was purpose-built for large enterprises and high-growth consumer-facing digital natives, investing in mobile-led and data-driven approaches. The primary driver has been to creatively connect with customers and drive change in customer behaviour through dynamic last-mile engagements while boosting revenue and improving customer experience through instant gratification. This has been a key differentiator for us, and we are excited to enable hoolah in achieving their customer acquisition, engagement and retention goals.” said Anna Gong, Founder, and CEO, Perx Technologies.