I hate having to carry so many loyalty cards around, so much so I decided to go digital and stop carrying the official physical versions issued by the merchants. Apps like StoCard require the checkout operator to scan a barcode on the phone or type a number.
Therein lies the problem with digital loyalty cards. Most merchants’ scanners can’t scan barcodes from phones because the screens are too reflective, even at maximum brightness. As an alternative, you can pass your unlocked phone over to them to manually enter the loyalty card number… sketchy
In most shops that don’t support simply scanning from my phone I usually just don’t bother with the hassle. Although I know I’m missing out on accumulating more loyalty points in the process.
This would really help thin our wallets/purses if value of the transaction, at any merchant with a Monzo integration, could be converted to loyalty points. For example, a transaction at Tesco with a Monzo card automatically updates the balance of an associated Tesco clubcard without having to use the clubcard, or even carry it at all. Kind of like using a Tesco credit card to earn points without also having to swipe/scan your clubcard.
In order to redeem the points, just select in the Monzo app “Pay With Points” and use the card as normal, which then triggers a request to the merchant to pay with X amount of loyalty points and any remaining value is deducted from the Monzo balance.
Not just supermarkets and general shops either, could do it with cinemas too.
If it were Monzo doing the work of the integration with Tesco, I’d expect Tesco to do the usual big corporate thing and insist that none of its competitors are allowed loyalty scheme integrations before permitting Monzo access to their API, if they even have one. In my opinion that’d be kind of alienating of many other users, plus also goes against the idea of breaking out of corporate lock-in. Therefore, if such a feature were to be developed, wouldn’t it be best to pioneer a scheme where merchants are encouraged to develop their integrations with Monzo? They’ll of course have access to the Monzo public API once released. They just need to be reached out to perhaps?