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Points, wallets & liability

How points are issued, redeemed and tracked as a financial liability.

Loyalty runs on a points wallet held per consumer. The Loyalty view tracks the economics of that wallet across your programme.


*Points issued, redeemed, outstanding liability and active wallet holders.*


THE HEADLINE FIGURES

• Points issued (30d) and Points redeemed (30d) — the flow in and out of the system.

• Outstanding liability — points issued but not yet spent, shown as a points total. Multiply by your catalogue rate to value it in cash. Treat it as a balance-sheet number, not a vanity metric.

• Active wallet holders — consumers with a live points balance.


THE REDEMPTION CATALOGUE

Each catalogue item sets what the consumer gets, the points it costs, an optional cash value, and — importantly — how it is fulfilled: airtime, data bundle, cash transfer, voucher or physical prize.


That last choice decides which rail actually pays. An item fulfilled as airtime draws down your airtime float; one fulfilled as a physical prize issues a redemption code claimed at a centre. If a float is empty, redemptions against it fail like any other payout.


WATCH THE GAP

A widening gap between issued and redeemed grows your liability. It usually means one of two things: your earn rate is too generous, or your catalogue is priced out of reach. If a typical consumer needs forty scans to afford the cheapest item, they will stop trying — and the liability keeps compounding.


Set the points-to-cash ratio deliberately. It is the exchange rate of the whole programme, and changing it later revalues every wallet in circulation.


Loyalty & tiers is visible to workspace owners only.

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