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January 25, 2024

100,000 Retail POS Network, Loyalty Programs, Loyalty Points Tokenization

If you were to describe Velo Labs in one word, it would be ‘unprecedented’.

Velo Labs emerges in an era where boundaries of finance and technology are continually redrawn. As a vanguard in the realm of Web3 financial solutions, Velo Labs is reshaping the very fabric of global value transfer systems. This innovative company is transforming the global value transfer systems, introducing groundbreaking changes, particularly in the retail sector, with the tokenization of loyalty points.

Revolutionizing Retail Loyalty Programs With Blockchain

At the core of Velo Labs' initiatives is the novel concept of tokenizing loyalty points within the retail industry. This move marks a significant shift towards practical, blockchain-based loyalty programs that offer real value and utility to users. This development places Velo Labs among the few who will successfully integrate blockchain technology into meaningful customer loyalty solutions.

 Strategic Collaborations for Enhanced Customer Experience

Velo Labs, backed by Stellar Network and CP Group, is integrating its advanced Web3+ Ecosystem into everyday transactions. These partnerships aim to provide consumers with unparalleled convenience and flexibility. On that route, Velo Labs is collaborating with automated vending machines to provide a crypto payment gateway for these vending machines to accept crypto payments. 

Expanding Services in Kiosk Networks

Furthering its commitment to convenience and versatility, Velo Labs is working with leading kiosk service providers to offer various services, from mobile top-ups to cross-border money transfers, through its advanced digital platform merchant-consumer, Orbit. 

Expanding Services in Travel Retail

For travel enthusiasts, Velo Labs is venturing into online and offline duty-free shopping, offering seamless digital experiences and valuable loyalty points accrual.

 Collaborative & Partnerships Ventures For Tokenization of Loyalty Points

In collaboration and partnerships with Laos’ Conglomerates, Velo Labs is set to introduce unique services, including loyalty point redemption for daily necessities, starting in specific regions and converting them into redeemable voucher tokens across a vast network of partners, similar to prepaid gift cards. This initiative underscores Velo Labs' dedication to providing practical and versatile benefits to its customers.

 The 100,000 Retail POS Network Initiative

A notable stride in Velo Labs' journey is its collaboration with an extensive network of over 100,000 restaurants through its POS systems. This expansive network signifies Velo Labs' commitment to delivering a diverse and flexible range of benefits to customers and merchants across the network of restaurants. 

These strategic partnerships and innovations are not just an expansion of Velo Labs' services but also a strategic enhancement of the Velo Orbit for payment solutions. The integration into the Universe ecosystem is paving the way for a new era in digital transactions and customer rewards, bridging diverse domains like foreign exchange, cryptocurrencies, commodities, and loyalty points. 

Velo Labs is committed to continuous innovation and expansion, striving to provide seamless and rewarding experiences for all their customers.