Today we are excited to introduce Exact Pay, our new mobile payments feature that allows members to enter the exact amount they want to spend and instantly earn cash back rewards at checkout.
With Exact Pay, you no longer need to buy gift cards in a preset amount. Instead, you can choose from over 120 brands on Raise — including Lowe’s, CVS, Whole Foods, GameStop, iTunes, ULTA, and Chipotle — and enter the exact amount you want to spend. Exact Pay will then immediately generate a barcode that can be used for in-store or online purchases. Plus, you’ll earn Raise Cash instantly that you can put towards any future order on Raise.
Our CEO, Jay Klauminzer says, “With on demand being the new normal, we listened to our members and are thrilled to have developed technology where they can instantly pay and earn cash back within seconds. We’re obsessed with optimizing the customer experience, and Exact Pay makes it even easier for consumers to save money, anytime and everywhere they shop.”
Gone are the days of having an unused balance left on your gift card! When you’re waiting in the checkout line, or about to make a purchase online, you can buy a gift card for the exact amount and instantly earn cash back for your next purchase. Just follow these three easy steps to get started:
- Select a brand, enter your exact purchase amount and click “PAY”
- Scan your barcode at the register or enter the card numbers online
- Earn cash back instantly to put towards future purchases