Financial services company American Express is opening an exclusive pop-up for its members in celebration of Small Business Saturday. American Express Platinum House features premium NYC dining, including bites and drinks from Wayan, Legacy Records and the Michelin-starred Cote Korean Steakhouse. The brand also offers a concierge, local guides and gift wrapping.
Digital currency exchange company Coinbase has partnered with UK-based gift card startup WeGift to allow European customers to use cryptocurrency to buy virtual gift cards from over 120 retailers.
Mobile gifting and payment platform Bitmo enables users to easily send virtual gift cards from their mobile wallets just by entering a recipient’s phone number. Recipients can split the card value between retailers or exchange them for a different retailer for no fee without informing the giver.
Chase Bank allows checking account holders to send digital gift cards from over 60 retailers through its app or website. Senders can choose the “gifting” option when sending payments, and receivers get an email with a numerical code to use at an online retailer’s checkout or a barcode to scan at checkout in store.
Social media video app TikTok allows video creators to make money through in-app gifting from viewers in live-streams sessions. Viewers purchase TikTok coins, which can be exchanged for virtual gifts, such as special emoji, which they can send to the creators of their favorite content, allowing the creator, as well as anyone who views the video to see the type of gift given. The gifts are then converted into Diamonds, a measure of the praise and popularity of a given content creator. When a content creator has made enough Diamonds, they can be exchanged for cash via PayPal or other payment service.
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