Business

Cashback & COVID: Changing Consumer Money Habits

SYDNEY, Feb. 22, 2021 /PRNewswire/Australia’s latest cashback platform Kickback notes that the COVID-19 crisis is changing the way people spend money, with the rapid adoption of online commerce and use of cashback sites among the most significant pandemic lifestyle changes.

Key Figures:

  • Around one in five (21%) Australians experienced high or very high levels of psychological distress in November 2020.
  • Two in five (40%) Australians reported they were uncomfortable or very uncomfortable with shopping at a large complex or mall because of COVID-19.
  • One in three (33%) Australians reported they prefer to do more shopping online than before the start of the COVID-19 pandemic.
  • Australia’s latest cashback platform, Kickback, launched at the start of the Covid crisis and has experienced rapid growth. Kickback has just introduced an industry first ‘Product Search’ feature to keep up with savvy shopper demand.

As the Pandemic forces shoppers online, Australia’s latest cashback site has launched an industry first ‘Product Search’ feature to keep up with customer demand.

Head of Marketing for Kickback Tahshi Payne said that the update makes it easier for shoppers to find the product they want and then compare brands and cashback rates.

“Online shoppers are becoming increasingly savvy and this update makes shopping even easier and more rewarding,” she said.

Miss Payne added that Kickback lists more than six million products from its partner networks, with more to come.

“This is the first time this has been done in Australia on a cashback site. We’re excited to be launching our latest innovation into this increasingly competitive space.”

Tahshi Payne said that the shift toward online shopping, adoption of contactless payment channels and growing cash consciousness have all contributed to the popularity of cashback sites.

“Australians are feeling safer and more comfortable shopping and spending online, and cash back offers a simple way to save money and see instant rewards.”

PR Newswire

Recent Posts

Rose Handbury denies any rumors of affair with Prince William: Report

You must have seen that rumors are making rounds regarding Rose Hanbury's alleged affair with…

1 month ago

Bank of Japan finally ends its negative lending rate era: Report

In a historic move, the Bank of Japan (BOJ) has increased its key interest rate…

1 month ago

F1 Rookier Oliver Bearman scores points in his debut race for Ferrari

In the Formula 1 World, things are very uncertain and same was the case last…

2 months ago

Jos Verstappen will skip the Saudi GP amid tensions with Red Bull team principal

The Formula One world has been rocked by escalating tensions within the Red Bull Racing…

2 months ago

Jos Verstappen calls for Red Bull team principal Christian Horner to step down

Jos Verstappen, father of Red Bull Racing's star driver Max Verstappen, has publicly stated that…

2 months ago

Rublev defaulted from Dubai Tennis Championship due to yelling on chair umpire

In a dramatic turn of events at the Dubai Tennis Championships, Russian tennis star Andrey…

2 months ago