Nexus Dubai (NXD) Payment App "SPRAY" - What Can We Expect for Consumers’ Digital Incentives? – Press release Bitcoin News


Nexus Dubai (NXD) Payment App "SPRAY" - What Can We Expect for Consumers’ Digital Incentives?

PRESS RELEASE. It is undoubted that today’s market places more and more importance on customer loyalty. Companies that want to successfully win the trust of their customers have been designing models to attract and retain their customers most effectively. With fierce competition among retailers, companies not only want to retain and reward consumers, but also keep their brands relevant and brand recognition among their customers.

One of the effective marketing strategies that many companies apply is the reward point accumulation model. Businesses or retailers use a points system to retain loyal consumers in the first place. Businesses offer special discounts to repeat customers to promote customer loyalty. This method is known as a loyalty program.

What is Nexus Dubai?

Blockchain, with its advantages of transparency and high reliability, has improved and enhanced the efficiency of loyalty programs. Nexus, a blockchain-based business, is implementing effective customer acquisition strategies thanks to its intuitive, user-friendly digitally designed digital point and reward point accumulation model.

Nexus Dubai (NXD) Payment App “SPRAY”

NEXUS is planning to release “SPRAY”. Spray is an app that serves as a payment and loyalty solution. Itan off-chain loyalty program that allows users to earn NEX points based on how much they spend and then use those points to make purchases.Spray introduces a whole new payment service by replacing NXD with Nexus Point. Points equal to 3% of the settlement amount can be refunded and used for settlement.

NEX (Nexus points) are awarded to users based on the amount of NXD they pay. You can use this NEX to make a payment if you preserve it. The app is set to launch in March 2022 and will be available at a number of Dubai shopping malls, as Dubai and Abu Dhabi are in an important partnership with NEXUS. The number of enterprises in UAE planning to implement this service is estimated to be around 110, and the payment service will be phased in over the course of fiscal year 2022.

Customers will be able to make payments at huge retail malls, supermarkets, restaurants, and hotels with ease in the future. Stores can join the system without having to invest a lot of money on it. You can keep your customers by giving them points (rewards). In addition, to boost the payment rate, the payment app will be modified to display the store’s location as well as recommended products.

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