Cashback News – Nov 26: Roundup of global cashback and ecommerce news

Cashback News – Nov 26: Roundup of global cashback and ecommerce news

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ecommerceRound the world of cashback, ecommerce, mobile and more in less than 10 minutes. Singapore Tel adds NFC payment Dash Tap and Pay with 5% cashback incentives. OhmConnect launched an online retail store offering cashback rebates on smart home products. British MPs investigate a failed cashback scheme by Scottish Power which now owes consumers more than $113 million. want to know what to buy this Christmas before it sold out? IBM‘s free Watson Trend app may be able to tell you. New Reuters/Ipsos poll shows that more than 51% of consumers will shop online at Amazon this season. 47% of American shoppers say high shipping costs will prevent them from buying internationally according to Ipsos research.

Singtel adds NFC to Dash mobile payments service“With a new feature called Dash Tap and Pay available exclusively at FairPrice and Cheers retail stores, customers with NFC Android phones can pay quickly and conveniently by simply tapping their phones on a reader at the checkout,” Singtel says.

“Besides the new, easy to set-up Dash Tap and Pay feature, customers can also choose to pay by entering the counter code on the Dash reader at checkout counters. Shoppers who pay with Dash at FairPrice and Cheers outlets will enjoy 5% cashback with no minimum spend required until 31 December 2015.” Via

Up to 76% Savings on Smart Home Devices: OhmConnect Offers Cashback Rebates

The smart home service OhmConnect has launched an online retail store offering cash back rebates on smart thermostats, smart plugs, home automation, and electric vehicle charging brands and products. Ecobee, Honeywell, Nest, and ChargePoint electric vehicle chargers are some of the products in the store. OhmConnect can sync with all these products, and it sends users cashback rebates for automatically using less energy from the most pollution-intensive power plants.

“Just in time for the holidays, the OhmConnect online store allows you to give the gift that keeps on giving, both to the environment and your wallet. Our store features the best-in-class smart devices that automatically reduce your home’s environmental impact and send you monthly payments,” explained Curtis Tongue, Co-Founder and CMO of OhmConnect. Via

MPs Launch Evidence Inquiry Into ScottishPower Cashback Scandal

Scottish Power logoThe cross-party group of MPs that formed to investigate a £75m ( $113 million ) mis-selling scandal involving a ScottishPower cashback scheme, have called on key witnesses and stakeholders to join them for an evidence session on 2nd December (2pm-4pm).

Andrew Percy MP, Chair of the APPG on ScottishPower’s Cashback Scandal, said: “This scandal was brought to the attention of Parliament some time ago, and has been raised with the Prime Minister twice, as well as the Business Secretary. However, this cashback issue seems to have slipped through every regulatory crack and ScottishPower have yet to be called to account. “625,000 people across the UK, including thousands in my own constituency, are still owed over £75m combined.” Via

Can IBM’s Watson Change How People Shop? Watson Trend app “distills the sentiment of tens of millions of online conversations by scouring 10,000 sources across social media sites, blogs, forums, comments, ratings and reviews,” IBM explained in a press release. The information produced goes beyond just determining which products are hot. Target (NYSE:TGT), Wal-Mart (NYSE:WMT), or any other major retailer have deep inventory tracking that shows them that.

Instead, Watson Trend gives a reading on how people feel about the products they have already bought or are thinking about buying. Via

51% of Americans plan to shop on Amazon this holiday season is looming over the holidays as Americans’ go-to choice for shopping online, according to a Reuters/Ipsos poll of 3,426 adults taken Nov. 12 to 18.

More than half of Americans (51%) plan to do most of their online holiday shopping at Amazon, while 16% will buy online at Wal-Mart, 3% at Target, and 2% at Macy’s. About a quarter said they’d be shopping online at a retailer not listed in the survey. Some 8% of adults said they’ll shop exclusively online, up from 6% last year. Those saying they’ll shop “mostly” online remained steady at 17%. Via

The US is popular with International online shoppers how can overseas merchants better attract American buyers? O’Malley says one of the keys is keeping shipping costs low, with 39% of American shoppers citing shipping cost as a key barrier to shopping from international online merchants. “When you’re on the site, you’ve chosen an item, the number one reason for abandoning that purchase is shipping and delivery costs being too high,” she says.

American shoppers aren’t alone on that end. For the second year in a row that PayPal and Ipsos have conducted the study, the keys to earning international online business are removing shipping costs, diversifying offerings and ensuring the buying process is safe. 50% of respondents cited free shipping as a key driver to shopping on international sites while 47% want a safe way to pay and 41% say the ability to find scarce items is key. High shipping costs ranked as the most common reason online shoppers won’t buy internationally (47%). Via

Black Friday perspective

Join us tomorrow for a look at the best credit cards to use to get cashback on your Black Friday shopping.


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