The ChangeJar Story

Mobile apps have changed the way we buy and sell forever.

There’s no question that the convenience, rewards, and time-saving of making smartphone purchases is here to stay.

These experiences may be mostly app-based today, but we’re just starting to get glimpses of an era filled with intelligent shopping agents that’s just around the corner.

 

But despite all this change for the better some things remain stubbornly in place, namely that the apps that provide this convenience still require consumers to add a credit card or Visa Debit card. 

 

As we all know, this can lead to some unwelcome surprises at the end of the month.

 

“There’s NO WAY I spent THAT MUCH on coffee!” we say.

 

Then there are the hidden costs.

 

Pretty much all mobile commerce apps charge merchants and private groups anywhere between 10% and 35% in sales commissions. 

For context, the average profit margin for a food retail businesses in Canada is about 2.3%.

 

For most independent businesses, clubs, and groups these exorbitant rates keep them out of the mobile game altogether meaning they are less competitive. Not great for a healthy main street.

 

But even for those sellers who do sign up there’s a cost for all that convenience which is generally passed on as lower wage for staff and higher prices for consumers.  

 

Don’t just take our word for it. This is one of many, many articles that explain this situation in more detail: “How Meal Delivery Apps Are Hurting Your Favourite Restaurants”

 

But what if there was a way that businesses could offer the convenience of the mobile buying experiences we love but bypass the debt and fees associated with credit cards and Visa Debit?

ChangeJar Is Mobile Cash

We started ChangeJar to give local merchants and private clubs and groups an affordable alternative to mobile shopping experiences built on credit cards and Visa Debit.

 

And the answer was surprisingly simple: we built a platform based on a “digital cash” wallet.

 

Consumers top up their ChangeJar wallet by making secure Interac e-transfers, or by swapping physical cash at any of 6,000 Canada Post locations, or any of over 1,000 corner stores nationwide.

 

For merchants, we support many of the mobile buying experiences they need in order to compete with the big brands:  

  • Mobile POS – simply the most simply and cost-effective way to sell from a smartphone or tablet
  • Social Commerce – skip the cost and complexity of e-commerce sites. Sell on social.
  • Order Ahead – for skipping the line with mobile pre-ordering
  • Scan & Go – for skipping the line with mobile self-checkout
  • Team Perks – for offering workplace discounts at local retailers on coffee and snacks
  • Park & Go – for skipping those crappy, desolate kiosks with mobile payment
  • Instant Transfers – for skipping the ATM and fees to send cash to friends

Because none of these services are based on credit or debit, our fees to merchant are anywhere between 10 to 30 times less than other mobile payment solutions.

 

This means there’s more profit for them, better wages for their employees, and lower prices for consumers. Win-win-win.

Why We Love Chat

ChangeJar offers the choice of using our app for iPhone or Android, but consumers can skip downloading the app altogether and buy from our merchants using Facebook Messenger.

 

Using chat platforms like Messenger to buy stuff is a new concept in the West, but in places like China, it’s an everyday thing.

 

One of the best things about building services on chat is that it provides a way for mobile service providers like ChangeJar to reduce the cost and expense of developing for the Apple Store and Google Play.

 

By investing in chat-based commerce, we’re saving the costs imposed by the app store middlemen and making mobile commerce affordable for our merchant customers, and for you, the consumer.

 

Always Free For Charities

Did we mention that all of our mobile selling services are 100% free for registered charities?

 

Well, they are!

Rewards. Rewards. Rewards.

Once consumers add cash to their ChangeJar digital wallet it becomes like “magic cash”. 

 

This means that our merchants can add instant and same-day rewards and cashbacks to ChangeJar purchases.

 

This was impossible for them to do effectively with physical cash.  But with ChangeJar, it’s incredibly easy :)))

Why Chat Rocks

As you might expect, ChangeJar offers our mobile wallet as a free download for iPhone or Android.

 

But consumers can skip downloading the app altogether by opening and topping-up their wallet within Facebook Messenger.

Using chat platforms like Messenger to buy stuff is a new thing for us the West, but in places like China, it’s simply how people buy stuff now.

 

One of the best things about building services on chat is that it provides a way for mobile service providers like ChangeJar to reduce the cost and expense of developing for the Apple Store and Google Play.

 

Just like we’ve gotten Visa out of the way, by building for chat, we’re saving the costs imposed by the app store middlemen and making mobile commerce affordable for our merchant customers, and for you, the consumer.

Let's Make Cash King Again

Let’s make cash king once again, say no to unfair credit card fees, and wave goodbye to the unsustainable commissions charged by most mobile service apps.

 

For consumers, getting started is easy: 

 

Download our free mobile wallet from iTunes or Google Play 

 

Or skip the app and use Messenger by visiting our Facebook Page and clicking the “Get Started” button.

Share with Retailers, Clubs, Fundraisers

If you share our vision of a world beyond credit and debit fees, please share our website with your favourite coffee shop, restaurant, club, or fundraiser group. 

 

All those fees you’ll be helping them save can make a HUGE difference as many of them  fight compete with the global retail chains.

 

ChangeJar is currently available to merchants in Canada and they can visit our website at changejar.com to get started.

 

See you on main street!

 

Sincerely,

The ChangeJar Team