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Wagestream

Powering financial well-being for employees


Read time 5 mins

Wagestream website in laptop

About Wagestream

Wagestream, an innovator in the financial services sector, is committed to improving the financial well-being of frontline workers by providing fairer, more accessible financial services via their employers.

As part of their service offerings, they partnered with Tillo to introduce a new tool to their Financial Wellbeing App - Discounts - empowering their members to reap the benefits of gift card discounts and start saving money on their day-to-day shopping.

Industry

Employee Rewards
Voluntary Benefits

Market

UK, US

Simon Ashton Wagestream
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Challenge

Deliver a value-adding feature to Wagestream users that helps to support their financial freedom.

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Solution

Utilize Tillo's Gift Card API to empower Wagestream users with the ability to buy discounted supermarket gift cards.

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Result

Wagestream users have saved thousands on their weekly food shopping and love the new Discounts feature. 

Read more about how Tillo is working with Wagestream

Wagestream is committed to improving the financial well-being of frontline workers by providing fairer, more accessible financial services via their employers.

As part of their service offerings, they partnered with Tillo to introduce a new tool to their Financial Wellbeing App - Discounts - empowering their members to reap the benefits of gift card discounts and start saving money on their day-to-day shopping.

Seamless integration with Tillo's API

Integrating Tillo's extensive digital gift card catalogue, featuring over 2000 global brands, into Wagestream's platform was swift and straightforward, thanks to Tillo's user-friendly API and dedicated Customer Onboarding team.

Tillo’s API allowed Wagestream to access thousands of brands under one contract and with just one integration, reducing onboarding costs, time, and stress for all parties involved.

Seamless

Immediate digital issuance for
efficient distribution nationwide. 

Reliable

A robust platform  with zero downtime for an uninterrupted service. 

Efficient

Access to real-time data insights and reporting for trend analysis.   

Tillo API
Discounted grocery shopping with Wagestream and Tillo

A value-adding feature for all 

With Wagestream's Discounts feature, members purchase a voucher for their favourite retailer, use the voucher to pay, and in the process, save a percentage of their purchase total thanks to the power of gift card discounts. 

On average, gift card discount rates range from 3% to 9%, depending on the chosen retailer and the promotional period. By using the Discounts feature regularly, members can save significantly at major retailers such as Tesco when simply doing their everyday food shop.

The feature has had fantastic feedback from workers using the app, and from employers who are keen to support colleagues through the cost of living crisis.. The service is utilised across various purchases in multiple sectors, including groceries, retail and wellbeing.

Uncovering new use cases for gift card discounts

Wagestream’s collaboration with Tillo exemplifies just one of the new use cases emerging for digital gift cards, showcasing a mutually beneficial arrangement for all involved. Wagestream enriches its value proposition to its users, who, in turn, reap the benefits of discounts on their regular purchases.

Especially during the ongoing cost of living crisis, small savings such as these can greatly impact a person's financial situation. Through its partnership with Tillo, Wagestream has been able to further its mission of better financial well-being for frontline workers by helping them make their money go further.

Wagestream-app-lineup - Discounts - Tillo
wagestream discounts-1

Making real savings, one Discount at a time

Since its launch, the Wagestream Discounts feature has seen impressive user adoption and makes a real difference in people's lives.

Almost 2,000 Wagestream members have already used the feature to date, collectively saving thousands of pounds on their weekly shop..

Here's what some of their users have to say about the feature:

"I use build and vouchers. Wagestream has really been a lifesaver!."
"I love the vouchers feature as it enables discounts at large, reputable stores"
"Doing a big shop with vouchers, it saves a few quids for something nice for myself"
"I use the vouchers; the percentage off for the big shop is massive"

wagestream-1

"At Wagestream we provide financial wellbeing support to shift and variable-income workers, through their employer  - from getting an interactive payslip and choosing how often they’re paid, to saving for a rainy day and chatting with money coaches. We’re now able to make work even more rewarding for them, through our partnership with Tillo - passing on fantastic discounts at a huge range of retailers. The partnership means we’re making shopping less expensive and financial planning less stressful, for millions of workers."

Simon Ashton, Director of Product at Wagestream

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"We're immensely proud to have enabled Wagestream to unlock such a valuable use case for digital gift cards. Seeing Wagestream's users enjoying the Vouchers feature and making significant savings is amazing! It truly validates our mission at Tillo"

Alex Preece, CEO, and Co-Founder.

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