How It Works:
We give our cardholders an extra 10% to spend at your business.
One World United consumers load money onto their debit card to spend at your business. We convert them into Loyalty Dollars and add 10% more. They load $100 cash and we give them $110 in Loyalty Dollars to spend at OWU Merchants.
Merchants accept the OWU Card for payment in the form of Loyalty Dollars which are immediately credited to their own OWU account. Merchants are charged a 5% transaction fee in Loyalty Dollars. Merchants have 24/7 access online to their account information through their own dedicated Back Office in order to track and account for all transactions processed through the OWU Loyalty Program. This includes sales, purchases, period summaries and more. As per CRA regulations a OWU Loyalty Dollar is valued the same as a Canadian dollar and all sales treated as earned income. Likewise purchases that are legitimate business expenses are deductible. GST/PST are included in the OWU transactions and settled real time in the merchant's account.