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Revolutionizing Customer Loyalty and Gift Cards with SwipeIt's Larry Rubin

PayPod: The Payments and Fintech Podcast

Release Date: 02/24/2025

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Episode Topic

In this episode of PayPod, Kevin Rosenquist sits down with Larry Rubin, founder of SwipeIt, to explore the evolving landscape of gift and loyalty card programs in today’s tech-driven marketplace. They discuss how gift cards have transformed from physical plastic cards to instant e-gift cards, integrated into digital wallets like Apple Wallet. 

Larry explains how SwipeIt is modernizing customer retention strategies by offering tailored gift and loyalty card solutions for both physical and digital platforms. They indulge into the challenges faced by small businesses in implementing loyalty programs and how technology can bridge the gap between large corporations and local merchants. 

Lessons You’ll Learn
Listeners will gain valuable insights into how gift and loyalty cards can drive customer engagement and boost revenue. Larry emphasizes the importance of offering both physical and digital gift card options, catering to different customer preferences and increasing gift card usage. He also shares strategies on how small businesses can compete with large corporations by using customized loyalty programs and leveraging data to enhance customer experiences.

You’ll learn how offering bonus incentives (like spending $100 and getting a $25 bonus card) can attract more customers during the holidays. Additionally, Larry shares how gift cards can serve as powerful marketing tools—whether for employee rewards, corporate partnerships, or referral programs. The episode also addresses the challenges of loyalty app saturation and how to strike a balance between digital convenience and physical card appeal.

About Our Guest
Larry Rubin is the founder of SwipeIt, a company dedicated to enhancing customer engagement through innovative gift and loyalty card solutions. With over 25 years of experience in the industry, Larry has helped thousands of businesses modernize their customer retention strategies by offering customized, tech-forward solutions. His company specializes in working with small to mid-sized businesses, helping them compete with larger corporations by simplifying and optimizing gift card and loyalty programs.

Larry’s passion for customer loyalty and retention has led him to become a trusted expert in the payments and fintech space. From integrating gift cards into digital wallets to offering support for traditional physical cards, Larry has seen the industry evolve and has adapted his strategies to meet the changing demands of consumers and businesses alike. His company, SwipeIt, focuses on making loyalty programs accessible, efficient, and profitable for businesses of all sizes.

Topics Covered
This episode covers the evolution of gift and loyalty card programs, from physical paper certificates to digital gift cards integrated into mobile wallets. Larry and Kevin discuss the importance of offering both physical and digital options to meet varying customer preferences and how bonus incentives can drive sales during peak seasons. They explore how small businesses can leverage loyalty programs to compete with larger corporations, the role of personalization in loyalty marketing, and the challenges of loyalty app fatigue among consumers.

Larry also shares creative strategies for using gift cards as marketing tools, including employee rewards, referral programs, and corporate partnerships. The episode touches on the future of loyalty programs in a rapidly evolving payments landscape, highlighting the potential integration of cryptocurrency and digital wallets into gift card ecosystems. Whether you’re a small business owner, marketer, or fintech enthusiast, this episode offers actionable insights into the future of customer engagement through gift and loyalty programs.