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10x More Effective
Card issuers engage their cardholders with real-time personalized incentives through participating merchants, who in return lower their cart abandonment rates and boost their conversion
Win-Win for issuers, merchants & consumers
Hoox offers a SaaS platform for Issuers to target their customers outside of their network, by offering dynamic, personalized, real-time and measurable incentives that actually work
From lost revenues to top-of-wallet -
10x more effective card activation, at a fraction of the costs
Engage your cardholders to gain top-of-wallet position
CARD ISSUERS
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Our Solutions
Hoox helps card issuers boost usage by offering cardholders a real-time personalized incentive while they shop
Target cardholders
Create campaigns
Define incentives
Select merchant network
Set budgets & ROI
THE PLATFORM
Real Time Dashboard & Control Tower
INTEGRATIONS
INFRASTRUCTURE
Elevate your financial institution with our scalable platform, combining cutting-edge security and adaptability. Designed for peak performance, our solution seamlessly grows with your evolving needs, ensuring a future-proof and agile foundation.
Scalable
Built on a resilient foundation, our solution guarantees consistent and uninterrupted service. With a steadfast commitment to excellence, we empower users to rely on our platform for seamless and dependable performance.
Reliable
Our SaaS platform prioritizes robust security, employing advanced encryption, strict authentication, and regular audits to protect user data. We're committed to staying ahead of evolving threats, ensuring a safe and reliable environment for our users.
Secure
Compliance with privacy regulations is paramount for our service, despite not handling any personally identifiable information (PII). We prioritize user trust through transparent privacy policies, robust data protection measures, and proactive security protocols, aligning with GDPR principles.
Compliant
Hoox is a zero-knowledge data collaboration platform. We use a SHA-2 512 bit hashing, RSA 4096 Asymmetric Key encryption mechanism and multiple other encryption processes to enable personalized capabilities with full privacy
Personalized experiences, complete privacy
Technology
Let the Numbers Do the Talking
Hoox helps card issuers boost usage by offering cardholders a real-time personalized incentive while they shop
Issuer's Co-branded cards most only being used within its own retail store; Activity outside their lower than 1%
PROBLEM
Target and activate brand card holders shopping outside of Co-brand store, with an incentive budget of less than $10 per activation
ASK
Get to -
GOAL
3-5%
Conversion
Achieved 30% conversion
RESULT
Conversion Uplift
10X
Card Issuer
600,000 cards
Merchant is suffering from 70% cart abandonment rates and is self-funding discounts or benefits of up to 15% per transaction, directly impacting store P&L
PROBLEM
Boost conversion from cart to checkout without impact to store P&L
ASK
Prove -
GOAL
10%
Reduction in cart abandonment rates
Got to -
RESULT
Uplift from Cart to Checkout
10%
Merchant
500,000 Traffic
A Word From Our Customers
Hoox identifies consumer (pre) purchase intent in stores and presents a real-time personalized offer
“This is one of the most efficient collaborations we’ve ever had, with zero cannibalization and great consumer value”
Merchant
“The conversion we see is unbelievable, this is by far the highest conversion we’ve seen so far in the entire portfolio history. Any conversion higher than 10% is a revolution compared to what we do today”
Card Issuer
Our Story
Financial service providers (‘issuers’) spend $200/yr. on debit/credit card acquisition and retention. Yet, more than 30% of cards remain inactive. Inactive customers are difficult to engage with, simply because they’re not listening to legacy methods. Generic, out-of-context communication and/or offers do not perform well.
We noticed these challenges while working within the payments/card industry for years and learned from experimentation that approaching customers during the ‘golden moment’ of real-time purchase intent in a personalized manner is 10X more effective. We thought we could optimize it by offering consumers with dynamic, personalized, real-time, measurable incentives - when they shop online.
Hoox is a customer activation platform, utilizing real-time data, creating personalized experiences that unlock full customer potential for businesses. By leveraging our proprietary technology and data-driven insights, we help credit card companies increase their activation rates and ultimately drive more revenue.
