Meals for Deals program incentivizes retailers to use Street Cred Capital’s lending tools by offering Grubhub Meal Credits
DENVER, Colo. and CHICAGO, June 2, 2022 (GLOBE NEWSWIRE) — Street Credibility Capitala financial technology leader providing fast, fair and simple lending solutions tailored to the mobile industry, today announced a strategic partnership with Grubhub Enterprise Accounts, the industry’s most flexible meal benefits platform. The Meals for Deals partnership creates a universal incentive program for mobile carriers and merchants to reward sales performance. When an employee reaches a pre-determined sales goal, they receive meal credits to redeem and order from Grubhub’s marketplace, which has more than 320,000 restaurants in 4,000 cities.
Street Cred Capital will work with mobile carriers and merchants to collect monthly sales data reports and provide a list of tiered rewards to incentivize top stores and employees to meet monthly sales goals. Using the data collected, Street Cred Capital will issue Grubhub meal credits to employees who reach these levels on a monthly basis and Grubhub-prepared lunches at top-selling stores so they can celebrate their performance as a team. Building on the traditional offering of Grubhub corporate accounts where corporate customers can offer their employees a daily or weekly allowance through a line of credit, the Meals for Deals program is a fun and exciting way to companies to reward employees for their performance.
“At Street Cred, our first priority is to enable partner success through innovative mobile-centric tools that increase sales performance and deliver high customer satisfaction,” said Clint Fayling, CEO and Founder of Street Cred Capital. “This one-of-a-kind partnership combines the unlikely combination of finance and food delivery, with the net result of rewarding employees who strive to provide the best customer experience.”
The rewards program offers a myriad of benefits for merchants and employees, including:
- Full-service account management, customer service.
- No mobile operator/merchant integration, implementation or management required.
- Zero fees or merchant fees.
- Rewards delivered directly to each employee.
- Monthly reporting and newsletter to identify the best sellers.
- An effective employee incentive and retention tool.
“We know how important food is to people; not just as a morale booster, but as an incentive for strong performance,” said Jeff Mirmelstein, vice president and general manager of corporate accounts at Grubhub. “It’s extremely rewarding to see companies like Street Cred Capital implement programs like this and see the value it delivers to employees.”
The Meals for Deals program will begin with an initial pilot of 100 stores before rolling out to all qualified mobile operators and Street Cred merchants later this year. This program is just one of the many ways Street Cred Capital is providing the mobile industry with an unprecedented set of mobile-centric tools to enable a highly reliable, best-in-class payment option. For more information on Street Cred Capital’s one-of-a-kind program designed for the mobile industry, visit streetcredcapital.com.
About Street Cred Capital
Street Cred Capital offers a best-in-class lending program tailored to the mobile industry and its customers. A Colorado-based financial technology leader, Street Cred provides fast, affordable lending solutions that enable mobile device operators and retailers to grow their businesses. By offering a configurable out-of-the-box loan program that connects consumers to multiple industry-leading lenders with a variety of financing options, Street Cred eliminates poor customer qualification experiences, low approval rates, and high interest rates associated with current lending solutions while providing unparalleled lending solutions. purchasing power. To learn more about how Street Cred Capital improves engagement, productivity and profitability for everyone by providing equitable access to funding, please visit streetcredcapital.com.
Grubhub is part of Just Eat Takeaway.com (LSE: JET, AMS: TKWY), one of the world’s leading online food delivery marketplaces. Dedicated to connecting over 32 million diners with the food they love at their favorite local restaurants, Grubhub improves food ordering through innovative restaurant technology, easy-to-use platforms and an enhanced delivery experience. Grubhub has over 320,000 restaurant partners in over 4,000 US cities.
CONTACT: Tatiyana Brooks [email protected] 314-258-9556