AUSTIN, Texas (11/29/11)--Fisoc, a social media banking firm, has developed a web-centric platform that allows credit unions community and independent banks to offer rewards that benefit both their members/customers and merchants.
BuzzBanking allows financial institution members/customers to earn points on debit card purchases and earn additional points by telling their family and friends about their purchases.
BuzzBanking has been employed by financial institutions across the state of Texas, including Concho Educators FCU, San Angelo.
Fisoc will continue to roll out the program statewide.
"Consumer spending is at its peak during the holiday shopping season and these [financial institutions] now have an option to offer rewards points to their [member/customers] for their spending and extra points and for sharing BuzzBanking with their friends, " said Jay Valanju, fisoc CEO.