Victor Ugochukwu · Dec 14, 2020 . 5min read
Bitcoin rewards app Lolli collaborates with eBay
With Black Friday around the corner, Bitcoin Rewards app Lolli collaborates with eBay to offer 1% cashback of BTC for online shopping.
By Komal Joshi · Nov 26, 2020 . 5min read
Crypto-focused Lolli has collaborated with eBay. eBay now joins Lolli’s list of associate stores, giving 1% cashback rewards in BTC for online shopping on eBay. For the uninformed, Lolli is an available extension on Firefox, Chrome, and Microsoft Edge that rewards users in Bitcoin for buying online with the company’s associate stores. These stores include Staples, GoDaddy, Groupon, Expedia, Adidas, Udemy, and others.
Lolli to target eBay’s 127 Million consumers
Collaborating with eBay, Lolli aims to extend its user base by penetrating eBay’s 127 million consumers. Lolli’s business model includes drilling into the cost benefits of Bitcoin payments. Lolli operates with a 1,000+ list of popular big-name merchants such as Nike, Sephora, Bloomingdale’s and Kroger.
The news arrives when Cyber Monday and Black Friday are around the corner. Lolli users can now receive 1% returns in bitcoin when they purchase from eBay’s marketplace. It consists of above 1.6 billion products and services. Besides, Lolli users also get a referral code. They can dispense it with friends and family and receive $10 worth of BTC. They receive $10 worth of bitcoin when those friends buy from the app utilizing the code. Nevertheless, to earn rewards via Lolli, users have to download the mobile app or extension for the browser that supports it.
In this week, the shopping trend is in full swing, with many major e-commerce platforms offering excellent discounts. However, it claims that it provides the highest rates during Black Friday. Moreover, it expects November to be its active month in terms of earnings. Moreover, online sales attached to Black Friday and Cyber Monday are supposed to exceed $22 billion this year.
However, earning free Bitcoin may be even more attractive to customers this holiday season as the Bitcoin plans a new path to all-time highs. Earlier, Samsung Group renewed its alliance with crypto shopping application Lolli. Thus, offering opportunities to consumers to earn reward points in Bitcoin (BTC) when purchasing Samsung products. Through this collaboration, shoppers received approximately 1.5% of their money back in Bitcoin when buying Samsung electronics via the app.
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