All Participating Merchants provide a success fee on sales to BSP members
• BSP passes on a portion of the merchant percentage to Members (and Member Provider if applicable)
• Member's percentage of sale(s) goes into Member's Trust Bank Account
• Reward dollars are loaded onto stored value card
• Members redeem their rewards back with the Merchant and within the BSP Merchant Network
• Merchant receives payment just as with any credit or debit card
Definitions:
Member: Individual who has joined the program directly or been enrolled
by a Merchant/Member Provider
Merchant: Web/Store/Service that both "gives & redeems reward points"
Member Provider: Company or organization who enrolls members into the program