Australian mobile-first fintech, Hay, continues its pursuit to help Australians manage their money at life-speed with the arrival of fee free FX, non-stop referral rewards, and its addition to digital payment wallets Apple Pay and Google Pay. The updates are the biggest to their fee-free digital account yet.
Introducing TinyBig Rewards
Every year Australians spend a total of $8 billion* on coffee. That’s an average of $1,602.35† each. We also spend an average of $2,116‡ per year commuting, so with all of these small purchases adding up, imagine if you were given 1% of that back.
Introducing TinyBig Rewards from Hay. By simply referring a friend that opens a Hay account, users activate their non-stop 1% cashback rewards on all purchases $10 or less. That could mean a morning coffee or juice, your daily commute, on-demand subscriptions, an audiobook, or snacks from the corner store.
“We wanted a way to continually share our success with Hay customers, so when they refer just one friend who opens an account and they use their account for any purchase less than $10, we are able to say thank you each time. We know 1% is a tiny amount, however with no limit and the ability to continually get cashback for everyday small purchases, that tiny amount can soon add up to something much bigger.” – Alex Lloyd, Chief Brand and Marketing Officer, Hay
Live a Card-Free Life
Hay is now conveniently available on both major digital wallets with the launch of Apple Pay this week, joining Google Pay which has been available since July.
Along with digital wallets, the latest release includes card details in-app for a smoother online shopping experience. There’s no need to have your physical card handy to finalise an online transaction, you can access it directly on your smartphone through the Hay app.
With online orders up 41% year-on-year in April 2020§, Australians are now shopping online for purchases big and small, many of which come from overseas. Hay users can take advantage of one of the world’s best FX rates – with no spread, no fees, no commission via the Visa FX rate.
More to come: Hay will be releasing their Roadmap later this month – a vision of future features coming in 2020/21. Those with one of the limited Founder accounts (75% of spots taken) will gain early access to these new feature releases.
Visit www.hellohay.co to discover more.
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