KUALA LUMPUR, March 31 (Bernama) -- Walgreens has announced an agreement with InComm Payments, a global payments technology company, to provide convenient and accessible financial services options for its customers.
Together, the companies will launch a new bank account offering for its customers to be established at MetaBank with a Mastercard debit card that will serve Walgreens shoppers both in-store and online, allowing them to earn myWalgreens Cash rewards on all purchases as part of the new myWalgreens customer loyalty programme launched in November last year.
This agreement is part of Walgreens’ alternative profit strategy and recently announced broader initiative to launch new financial products and services that reinforce its ongoing commitment to offering differentiated services and benefits to its customers.
According to a statement, the new banking solution will complement Walgreens’ plans to continue its health and well-being focus and enhance its loyalty programme and customer personalisation.
In addition, the solution leverages InComm Payments’ modern digital banking-as-a-service platform.
Walgreens shoppers will be able to find the product in-store or sign up directly online and then easily manage their everyday finances in a new easy-to-use mobile banking app.
The bank account is expected to be available at nearly 9,000 Walgreens stores and online in the second half of 2021.
Walgreens and InComm Payments plan to relaunch the Walgreens-branded gift card programme. InComm Payments will oversee management of Walgreens’ existing physical gift card programme, launch Walgreens’ digital gift cards, and enable digital purchase and redemption on walgreens.com, among others.
The expansion further strengthens InComm Payments’ and Walgreens’ 12-year partnership while enhancing the Walgreens brand and customer experience in-store, online, and via mobile.
More details at www.walgreens.com.
-- BERNAMA
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