Shefa Pay, a payment solutions firm founded by Myles Gawronsky and Reef Pontremoli, is making a bold move in the industry with the launch of its Merchant Reward Program, designed to address the longstanding issue of high processing fees that many merchants face.
The program is poised to transform the relationship between merchants and their payment processors, offering tangible rewards for loyalty—a rarity in an industry often criticized for its high costs and lack of benefits for users. “Merchants frequently pay excessive fees with little to show for it,” says Gawronsky. “Our goal is to change that by giving back in a meaningful way.”
Shefa Pay’s program allows merchants to earn points based on their processing volume, which can be redeemed for a range of rewards, including luxury goods, vacations, flights, gift cards, and high-end electronics. This initiative is seen as a win-win for businesses, providing them with valuable rewards without any additional cost or changes to their operations.
The impact of the program is already evident. One small business owner, who had not taken a vacation in over a decade, was able to fund a much-needed trip for himself and his wife using points earned through Shefa Pay’s program. Stories like this highlight the potential of the program to make a real difference for business owners.
With an expected generation of approximately $1.7 million in rewards by 2025, Shefa Pay’s initiative is set to offer significant value to businesses of all sizes. “This is more than just earning points,” Pontremoli explains. “We’re providing a platform that empowers merchants to enhance their business without any additional costs.”
The versatility of the program is also a major selling point. Merchants can use their points to reward employees, drive sales initiatives, or enhance customer loyalty through promotions and giveaways, adding a new layer of value to traditional payment processing services.
“In an era of rising inflation and increasing operational costs, it’s more important than ever to offer additional benefits to our clients,” says Gawronsky. “We’re redefining what it means to work with a payment processor, putting the power back into the hands of business owners.”
As the payment processing industry continues to evolve, Shefa Pay’s innovative approach is setting a new standard. By 2025, the anticipated impact of the Merchant Reward Program is expected to be significant, providing opportunities that go beyond the typical financial services offered by payment processors.
For more information on Shefa Pay’s Merchant Reward Program, visit Shefa Pay to learn how this new initiative is reshaping the future of payment solutions.
Media Contact
Company Name: Shefa Pay
Contact Person: Myles Gawronsky
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Country: United States
Website: https://shefams.com/