Cheggout gives banks an additional channel for revenue generation and provides a way to meet variety of needs all at once. Not only does Cheggout attract new customers to the bank, but it also has a unique ability to increase card spend and customer engagement. This, in turn, creates significant revenue potential for banks.
Helping customers save money on everyday purchases results in more loyal and more profitable customers.
- Easy to use Price Comparison service to save time and money.
- Highly relevant promotions, coupons and offers.
- Significant savings, cashback and rewards.
Customers that engage with Cheggout earn meaningful value and are more inclined to recommend the bank’s products and services to others. Banks see 26% lower attrition for credit card customers and 19% lower attrition for debit card customers.
Cheggout helps banks boost online presence by launching all-inclusive price comparison portal to provide the best deals to bank customers from other e-commerce players such as Snapdeal, Flipkart and Amazon. Cheggout is also a great place to promote valuable financial products and services.
Cheggout’s unique insight into consumer purchase behavior can empower banks to better understand where their customers are in their lives and what matters most to them. Banks can deepen relationships by engaging customers with relevant offers for mortgages, car loans, or credit cards–at the right time.
Cheggout offers a low-cost implementation service with flexible integration options. Banks can choose to have Cheggout implement digital banking integration or leverage our suite of APIs to do it internally.
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