With this innovative feature, Enginio’s cashback capability streamlines the shopping experience, allowing consumers to receive cash back swiftly and seamlessly after their transactions. This initiative was made possible through Enginio’s cutting-edge purchase validation technology, which also facilitates reversed payments to credit cards such as Visa and MasterCard, ensuring automated payouts for consumers. This pioneering service was first introduced 18 months ago and has since transformed how brands and consumers transact.

In combination with traditional bank-to-bank transfers, Enginio is establishing an optimal solution for reversed payments while integrating this functionality across various activation types, including sales driving, re-commerce, loyalty programs, advocacy, and gamification initiatives.

“Our goal has always been to enhance consumer engagement and satisfaction,” said Martin Sohtell, founder of the Enginio platform. “By integrating cashback capabilities with Swish and our advanced payment technologies, we are not only simplifying the purchasing process for consumers but also empowering them with rewarding experiences. This is a significant step forward in making shopping more interactive and beneficial for everyone involved.”

Enginio’s collaboration with Swish marks a significant milestone in the company’s commitment to innovation and customer-centric solutions. By providing rapid, hassle-free cashback options, Enginio is set to redefine the standards of consumer rewards and engagement in the digital marketplace.

About Enginio: Enginio is an advanced platform for activations, serving as a comprehensive tool and activation engine for brands to build, customize, manage, and analyze their activations. Our platform provides creative and robust solutions designed to enhance engagement, loyalty, awareness, and advocacy, ultimately driving increased conversion rates. Additionally, Enginio offers world-first functionalities, including automated cashback (Reversed Payment Solutions), incentivizing User Generated Content (UGC), re-commerce capabilities, and automated promotions and campaign functionality that operates seamlessly across any global market, with any reseller, and in any channel. Enginio empowers brands to foster meaningful interactions with consumers, enhancing their overall experience. For further information, please contact:

Martin Sohtell at Sohtell@enginio.io.