TWID: A Rewards-Based Payment Network for the Indian Market

TWID: A Rewards-Based Payment Network for the Indian Market – Are you a consumer who wants to make the most of your rewards points from various merchants and banks? If yes, then you need TWID, a website that offers a rewards-based payment network for the Indian market. TWID helps you access, combine, and redeem your rewards points across multiple merchants and platforms, and save on each purchase.

TWID

Details of the startup:

  • CITY : Bengaluru
  • STATE : Karnataka
  • STARTED IN : 2021
  • FOUNDERS : Amit Koshal, Amit Sharma and Rishi Batra
  • NUMBER OF INVESTORS : 15
  • LATEST ROUND INVESTMENT : ₹955.40M
  • TOTAL INVESTMENT : ₹1311.70M
  •   TOTAL SECURED LOANS AVAILED : Nil

You can find their website here.

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What is TWID?

TWID (That’s What I Do) is a website that provides a rewards-based payment network for the Indian market, especially those who are digitally savvy and value-conscious. TWID allows you to connect your rewards points from over 20 large point issuers, such as banks, retail, entertainment, airlines, fuel, F&B, travel, etc., to a single platform. You can then use your rewards points to pay for your online and offline purchases, and get discounts, offers, and cashbacks.

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How does TWID work?

Using TWID’s rewards-based payment network is easy and convenient. All you have to do is follow these steps:

  • Visit TWID and sign up as a user.
  • Link your rewards points from various merchants and banks to your TWID account.
  • Browse and shop from the merchants and platforms that accept TWID as a payment option, such as Flipkart, Amazon, Myntra, Swiggy, Zomato, etc.
  • Opt for ‘Pay With Rewards’ at the payment gateway, and choose the rewards points that you want to use.
  • Apply the rewards points and get discounts, offers, and cashbacks on your purchase.
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What are the benefits of TWID?

TWID offers you many benefits over traditional rewards points systems, such as:

  • Convenience: TWID provides you with the convenience of accessing and managing all your rewards points from different merchants and banks on a single platform. You don’t need to remember or redeem multiple rewards points separately, or worry about their expiry or validity.
  • Flexibility: TWID provides you with the flexibility of combining and redeeming your rewards points across multiple merchants and platforms, as per your choice and preference. You can also use your rewards points partially or fully, and pay the remaining amount with any other payment mode.
  • Value: TWID provides you with the value of saving on each purchase, by using your rewards points as a currency. You can also earn more rewards points, discounts, offers, and cashbacks, by using TWID as a payment option, and enjoy a guilt-free shopping experience.
  • Security: TWID provides you with the security of protecting your rewards points and transactions, by using advanced encryption and authentication technologies. You can also control and monitor your rewards points and transactions, and get alerts and notifications on any issues or anomalies.
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TWID is a website that aims to make rewards points more convenient, flexible, and valuable, through its rewards-based payment network. Whether you want to use your rewards points for shopping, dining, travel, or any other purpose, TWID can help you find the best and most suitable payment option for you. So, the next time you want to pay with rewards, don’t hesitate to visit TWID and link your rewards points with ease. TWID is your rewards-based payment network for the Indian market.

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