Kabaz is a mobile app that is all about giving. It enables users to send gifts of credit (i.e. digital eGift cards) for their friends and family to shop or enjoy services at businesses listed on the app. The word Kabaz originates from Portuguese meaning gift hamper.
Individuals can create an account on the Kabaz app, and once logged in, they select a business/store, select an amount to send (ranging from $10 to $200) and enter details of the recipient. Once the gift credit has been purchased, both the recipient and the business selected get an instant notification with details of the gift credit (e.g. sender, recipient, amount and business etc.).
Businesses listed on the Kabaz App get instant notifications of gift credit sent and can expect to see the funds in their business accounts in 5-7 working days. The notification sent to businesses also contains details on how to validate and redeem a gift credit when contacted by the recipient.
Gift Credit sent for users to shop or use your services goes directly into your business bank account (money in your pocket)
Kabaz app users send credit to their friends/family who then shop/use your services. This ‘digital-word- of-mouth’ referral works brilliantly in two ways: A) as a referral from a known and trusted person; B) the referral comes with a gift credit, thus incentivising recipients to purchase your products/services.
Small businesses without their own gift cards can now offer this as an option to existing and new customers/clients.
A nominal fee is paid by the gift credit sender when sending a Kabaz (credit)