Presto, a leading loyalty eCommerce redemption and solutions provider, has joined forces with VSING, a music-driven social entertainment platform, to revolutionize loyalty rewards and offer an exciting range of benefits for VSING members. This collaboration aims to provide VSING members with even greater value for their loyalty points and introduce them to an expansive selection of exclusive products and services.
VSING, which has a strong presence in Malaysia, Singapore, and Hong Kong with 12 outlets across Malaysia, plans to expand further to other states in Malaysia and additional countries. With an impressive user base exceeding 80,000 individuals, VSING offers a unique social entertainment experience and a powerful song selection system, interactive gifting options, and an exclusive membership tiering system.
Presto’s comprehensive platform encompasses an eCommerce loyalty redemption platform, electronic money, and a vast network of over 10 million loyalty members through various loyalty points aggregation programs. In addition, Presto provides payment services and technology solutions, while also partnering with businesses in power bank leasing, digital content, logistics and warehousing aggregation, online insurance products, and food delivery services.
The collaboration between Presto and VSING allows VSING members to use their V POINT loyalty points as digital currency within the Presto ecosystem. This enables members to combine their V POINT with other digital payment methods, ensuring a seamless and convenient payment experience. Commencing in mid-June, the collaboration will provide VSING members with an array of offerings, including exclusive products and services from renowned partner brands to independent brands and services.
The Presto platform boasts an extensive range of over 20,000 products and services, ensuring that VSING members have a wealth of options when redeeming their loyalty points. From home and living essentials to electronic gadgets and indulgent services, the Presto ecosystem caters to a diverse range of preferences, making the VSING loyalty program even more attractive.
Mr. Cheong Chia Chou, the Group Managing Director and Chief Executive Officer of Presto, expressed his enthusiasm for the collaboration, emphasizing the vision of empowering customer loyalty rewards with smarter incentives. He also highlighted Presto’s dedication to providing business partners with a seamless and effective loyalty redemption program management.
Mr. Vincent Teoh, the Founder and Chief Executive Officer of VSING, eagerly anticipated the collaboration going live in mid-June, noting the members’ excitement for a broader world of possibilities. VSING constantly seeks opportunities to enhance their loyalty program while revolutionizing communication and interaction through their mobile application.
In summary, the collaboration between Presto and VSING promises to redefine loyalty rewards and offer VSING members an unparalleled selection of benefits. By harnessing the power of digital currency and providing access to a vast range of products and services, this partnership sets the stage for an exceptional loyalty experience.
31 May 2023
