EQ INC. (:EQ) EQ Works and TorStar Partner to Supercharge Rewards Program
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Paymi Delivers Cash Rewards and Smarter Savings to Save.ca Members
TORONTO, ON / ACCESSWIRE / October 29, 2024 / EQ Inc. (TSXV:EQ) ("EQ Works" or the "Company"), a leader in AI and data focused software and solutions, is pleased to announce that its Paymi division has teamed up with TorStar to power the rewards platform for Save.ca to bring even greater value and savings to its members.
This partnership unlocks cash generating opportunities through Paymi's merchant platform, with additional receipt capture capabilities, to provide unparalleled money saving incentives to all Save.ca members. The collaboration perfectly complements Save.ca's popular digital coupons, flyers, email marketing activities, newsletters, and sweepstakes offering members even more value. With the additional data and insights generated from the Paymi platform, advertisers will now be able to utilize even more advanced data to drive even better results from their investments.
"We are very excited about this partnership" said Zane Mistry, General Manager of Paymi. "Our mission is to build Canada's leading cash back platform, and partnering with one of Canada's most recognizable brands not only adds tremendous credibility to our business, but also provides the opportunity to integrate hundreds of thousands of new members into our platform."
"Consumers looking to save are currently juggling apps, bookmarking shopping sites, seeking out offers and scanning receipts to earn rewards," said Brandon Grosvenor, Torstar's Chief Revenue Officer. "By bringing things together in one seamless platform, we simplify the savings process for shoppers and make it easier for brands to leverage the power of our rewards programs."
Both companies are launching the program to address customers' growing demand for convenience and efficiency in today's fast paced digital market, while also giving Canadians an opportunity to put more money back in their wallets during challenging economic times.
About Paymi
Paymi is Canada's leading cashback rewards platforms dedicated to bringing the best offers and cashback to its members. With a focus on innovation, user experience, and value, Paymi partners with top brands and retailers to offer unmatched cashback rewards in the most frictionless way, transforming everyday shopping into a rewarding experience.
About Save.ca
Save.ca has been a leader in digital marketing and consumer engagement for over 20 years. A comprehensive platform, Save.ca serves as a strategic partner for brands looking to amplify awareness and drive sales. Services include cashback rewards, digital coupons and flyers, dynamic email marketing, newsletters, contests, custom content and social media solutions. Consumers enjoy Save.ca's utility and integrated savings experience with offers and rewards in one convenient platform. Marketers lean into Save.ca to elevate their brand(s) and connect with consumers in a positive and meaningful way.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release may contain forward-looking statements that are based on management's current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. EQ Inc. is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.
EQ Inc.
Peter Kanniah, Chief Financial Officer
1235 Bay Street, Suite 401 | Toronto, Ontario | M5R 3K4
press@eqworks.com
SOURCE: EQ Inc.
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