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PASSFEED: THE GO-TO APP FOR SHOPPING AND ENTERTAINMENT

07-22-2019 04:30 PM CET | Fashion, Lifestyle, Trends

Press release from: Passfeed, Inc.

(New York, NY) July 17, 2019 — Passfeed, “Your Social Shopping App,” has been quite busy in expanding its App and enhancing its users’ shopping experience. The company knows that the public, now more than ever, craves convenience when it comes to shopping and entertainment, and Passfeed has just the thing — in fact, it has multiple things!

Entering the limitless possibilities of gift cards, agreements were made to have major retail players such as Best Buy, Hollister, Macy’s and Starbucks be featured on the Passfeed App by way of gift card. Customers of the App can purchase gift cards from these vendors in increments of $5, $10 and $25 and buy them at a discounted rate. Savings on top of convenience!

With gift cards, customers can link them to their Digital Wallets through the Passfeed App and then shop and save at their favorite stores. Now those in need of a good gift idea or those who wait until the last minute can rejoice in knowing that Passfeed has them covered for all of their shopping needs.

Continuing its never-ending quest to elevate its App, Passfeed has incorporated its own virtual debit cards, which can automatically be filled and refilled for purchases. Customers will be able to send money from their Digital Wallet on the App to another user, along with sharing gift cards as virtual presents to their friends who use the App.

Partnerships with major banks like CapitalOne and CitiBank have made it possible for Visa/Mastercard virtual debit cards to come to fruition and the company is confident that these partnerships will ultimately benefit customers who can use the App to shop and bank simultaneously.

Passfeed shoppers, particularly in the UK, have seen firsthand these partnerships in action. The company has tapped into the grocery store industry by partnering with British superchain, Tesco. British customers can order and pay for their groceries from the convenience of the Passfeed App. Tesco eCoupons will also be available with qualifying purchases.

Agreements were also made with Vue International, AKA Vue Cinemas, for customers using the Passfeed App. UK users can purchase movie tickets through Passfeed for any of Vue Cinemas’ theaters. The company believes that having the benefit of skipping the long lines at the theater (or theatre for our UK fanbase) will incentivize British customers to explore the App further.

Passfeed customers of all kinds will be able to see the immediate effects of its newly formed partnerships. Ordering food, clothing and movies all from one place, not to mention banking… what more can you ask for?!

About Passfeed

Founded in 2018 by start-up entrepreneur, Richard Wang, Passfeed is reinventing online shopping. Our Fintech/eCommerce experience combines the best features of social shopping and banking. Consumers can shop, store and send money, share gift certificates and even take advantage of our Paylater service. The social sharing capabilities rewards our users with earned iPoints — which are then used to save money on additional purchases. With the motto “Never be boring” as a guide, Passfeed is the future of shopping and banking today!

You can learn more about Passfeed by logging onto www.Passfeed.com or by downloading the App for free at https://apps.apple.com/us/app/passfeed for your iOS device.

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If you would like more information about this topic, please call: Dennis Sary, Marketing Director at (929) 332-2099, or email at dennis@passfeed.com.

Dennis Sary, Marketing Director
(929) 332-2099
E-mail: dennis@passfeed.com
750 Lexington Ave 9th floor, New York, NY 10022

Passfeed, the Social Shopping App, was founded in 2018 by Richard Wang. His concept combined the business models of established businesses like Wish.com, Amazon and Aliexpress with the convenience of digital wallets. The upstart start-up provides a fully functioning shopping ecosystem where users are able to shop from 1.5 million items and, at the same time, share and obtain rewards and iPoints. The company sought to capitalize on most consumers’ frustration with the current banking and credit card fee environment. His dream was simple: people should be able to shop and share deals and savings without having to pay third party service providers a chunk of their hard earned money. This set of ideals laid the groundwork for what soon became one of the fastest growing Apps on iTunes.

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