Letstamp vs SpenVest

Letstamp is a digital loyalty platform for restaurants, cafés, beauty salons, retail stores and other businesses. It supports stamp cards, reward points, birthday and referral campaigns, new-customer offers, coupons, gamification and catalog products. Restaurants can set rewards for dine-in, takeaway and repeat visits, send targeted offers, and manage campaigns across multiple locations. Businesses can review customer activity and reports, segment customers, send gifts, and contact customers by SMS or push message. They can also publish a branded app on the App Store and Google Play, with their logos, colors, banners and in-app pages. POS integration can synchronize products and trigger campaigns for selected products, with settings for each branch; an API is available for connecting existing systems. Letstamp states that it has no customer limit and allows unlimited reward distribution. The Platform plan costs $32 a month, billed monthly, for one branch and two campaigns, with a 7-day trial. White Label App costs $96 a month, billed monthly, for one branch and ten campaigns. Letstamp was founded in 2009 and is headquartered in Istanbul, Turkey.

SpenVest connects eligible restaurant sales to digital rewards while letting businesses keep their existing POS. Its Rewards Engine supports points, stamps, store value credit, cashback, reward thresholds, campaigns, bonus rules, redemption authorisations and refund reversals. A merchant dashboard shows reward members, recent activity and redemption history. Square supports sales, refunds and product catalogue data; Shopify POS and Clover support sales and refunds. Merchants can also send authenticated sale and refund events through the API, with signed webhooks for connected workflows. Eligible products can use an online catalogue and checkout for click and collect or local delivery. Payments are processed by the merchant's connected payment provider and paid to a configured merchant-owned account; SpenVest says it does not hold sales revenue. The company says it is built for Australian independent businesses and that coverage of participating merchants is expanding across Australia. Its free Connect plan supports one location but does not calculate rewards. The Rewards Engine costs $39 a month, billed monthly per location and excluding GST. The listed platforms include Android, iOS, web and API.