Xacc 280 Week 1 Case Study Of Magnises

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Magnises
The black card from Magnises is in and Millennials love it. According to INC Magazine, Magnises specializes in giving young professionals an opportunity to enjoy the perks similar to those offered by brands such as the American Express. The VIP social life enticements include the use of the digital concierge app, special tickets, pass to some of the hottest clubs, private meetings, complimentary ticket upgrades and opportunity to attend exclusive events for one year after making a payment of $250 or $25 monthly rates. The other events in the pipeline include educational talks, chef series dinners and happy hours among other member only events. Through Magnises concierge service, you can also ask anything get Magnises NOW on-demands recommendations and reservations.

The app is available for download on both Google Play and Apple Stores. Each card acts as a personalized payment tool designed to give you access to a host of benefits and experiences. If a member sends a text requesting restaurant recommendation, the user’s algorithm that follows stated preferences. Black card cannot be described as a true credit card because transactions are executed by transferring funds from an existing debit or …show more content…

The other investors include former chairman of MasterCard Lance Weaver and former President and CEO of Def Jam Kevin Liles. McFarland is also the founder and CEO of Site Spling, a fast growing content sharing website. The company has already roped in a number of high profile clients including the New York City based media conglomerate, NBC Universal Studios and mass media company Discovery Communications, Inc. The startup whiz according to Dujuor Magazine began establishing startup technology companies while still a student at Bucknell University in Pennsylvania, where he studies computer engineering, albeit