RealTime IT News

Now You Can Use beenz to Buy Flooz

Web currency provider beenz.com Wednesday announced it has inked a deal with Flooz.com, the online gift voucher company.

"It makes complete sense for consumers to spend their beenz on Flooz," said Philip Letts, chairman and CEO of beenz.com.

"This deal should send a message to the world that beenz.com and Flooz.com are business partners, not competitors."

It is likely that the deal will give a boost to Flooz, which is not so well known as its new partner. To date, there have been over 13 million beenz transactions among 360,000 users.

Consumers purchase Flooz with a credit card, then send the gift dollars via email to friends, family or others, who in turn can either spend or save them.

Around 80 online stores accept Flooz vouchers as payment. They include top Internet brands such as Fogdog.com, BabyStyle.com, Art.com, and MotherNature.com.

Several leading offline brands have also signed up for Flooz, including Godiva Chocolatier, Tower Records, Eastern Mountain Sports, and Mrs. Fields Cookies.

"This partnership was designed with the online shopper in mind," said Robert Levitan, CEO of Flooz.com.

"Two innovative Internet companies have partnered to offer online consumers more choice and convenience."