Slovenská sporiteľňa is launching a digital innovation Moneyback for almost a million clients

People will be rewarded for card payments for cashless purchases in the stores and e-shops they normally visit. The money will come back to their account at the beginning of the following month. The innovation is also exceptional in that it offers rewards to customers tailored to their previous card transactions.

From today, it can be used by almost a million clients of Slovenská sporiteľňa, all you have to do is download George on your mobile phone and then activate Moneyback in it. At the same time, the bank is also responding to the pandemic, during which interest in non-cash payments as well as advantageous offers and discounts in shops has increased.

The coronacrisis ventilated the wallets of Slovaks, according to a survey by Slovenská sporiteľňa, up to 89 percent of respondents confirmed that they plan to look for better prices and offers. At the same time, the pandemic has shown that cashless payments are the fastest and safest way to pay. Despite lockdowns and restrictions, card payments in stone operations increased by 8 percent year-on-year.

Source: SLSP

“We want to bring people an extra benefit in their daily payments. Our digital innovation Moneyback can already be used by almost one million clients of Slovenská sporiteľňa. The offer of rewards is tailor-made for each of them, they will receive the reward for regular purchases. As a digital leader, we continue to support secure payment by card, mobile phone or watch. At the same time, we give people an additional reason to download George to their mobile phones and bank anywhere and anytime, without the need to visit a branch. ” says Slávek Mynář, director of the client prosperity management and development department at Slovenská sporiteľňa.

The Czech-Slovak startup Dateio is behind the technology and data models of innovation. He works similarly for less than two dozen banks and financial institutions in Europe. “We help banks across Europe innovate products through transactional data. Moneyback is a great example, Slovenská sporiteľňa’s clients have a super benefit from their bank, the bank uses a more used application, and merchants have the opportunity to address their clients directly on their phone, “ comments on the launch of the Moneyback innovation Ivan Dovica, Slovak co-founder of the Dateio startup.


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