-
Fenerbahce stun Lyon in Champions League as AEK crush Levski
-
At Dollywood, superfans honor the late singer and local hero
-
Why Global Finance Still Relies on Wall Street Despite Diversification Trends
-
Stocks mixed as oil drops, US inflation stays high
-
Bethlehem Father Seeks Aid for Special Needs Children Amid Health Crisis
-
Bolivia's Paz appoints new economy minister amid bailout talks
-
LIV Golf to lay off majority of staff
-
US designates UK-based Palestine Action as foreign 'terrorist group'
-
How narwhal 'scientists' track Arctic warming
-
'Rocky Horror Picture Show' star Tim Curry dead at 80
-
Iran says US sanctions will achieve nothing
-
American Moll wins women's pole vault at Zurich city event
-
Essential Dolly: five key Parton songs
-
As Canada takes on US tariffs, what's behind the David and Goliath fight?
-
Veteran promoter Warren says it's Joshua's job to agree Fury fight
-
UEFA 'likely' to drop threat to boycott FIFA tournaments: source
-
Ex-champ Wawrinka gets last-minute wildcard to US Open
-
US disrupts platforms allegedly used by Chinese hackers
-
Brennan blasts to Vuelta stage five victory, Pogacar holds lead
-
The foreign tourists missing in Nepal's flash floods
-
What could change for US teens on Instagram and Facebook
-
Hundreds missing after Nepal-Tibet flood kills 98
-
Meta, US states agree $16.7 bn settlement in landmark teen safety case
-
CIA director was on 'semi-routine' mission in Moscow: Trump
-
'Point of no return' if Israel-Hamas truce fails: US envoy to Gaza board
-
Aldeguer switches to Rossi's VR46 for next season
-
Barcelona holding out hope for Alvarez as Atletico resist sale
-
Rent TRON Energy and Reduce USDT Fees : TronBid Expands Marketplace
-
Werro basks in new status, shelves world record talk
-
Pakistan captain Babar Azam returns against England '90 percent fit'
-
Bill Gates warns world unprepared for AI upheaval
-
Stocks mixed as oil drops, inflation stays high
-
Prince Harry and family arrive back in Britain: UK media
-
Improving standards transform pole vault as spectacle, says Duplantis
-
German plan for sugar tax on Coke Zero fizzles out
-
India close in on win despite Sri Lanka fightback in second Test
-
Deadly flood hits Nepal-Tibet border, hundreds unaccounted for
-
MEXC TradFi Gala Concludes With Over 170,000 Registrations and $4.3 Billion in Daily Trading Volume
-
Tongue says Root has left England in no doubt over conduct standards
-
Olympic skating champion Liu to skip new season
-
Flags lowered across US for country music legend Dolly Parton
-
Benfica sign midfielder Palhinha from Bayern
-
Stocks gain as oil drops on Mideast hopes
-
Flick says Barca may go without striker as Atletico resist Alvarez sale
-
Bouaddi joins Man City for Premier League teenage record £85.6 mn
-
Too hot to incubate: Nile crocodiles hatch on their own in French reserve
-
Reclusive Hungarian author Peter Nadas dies aged 83
-
Spurs closing in on Man City's Marmoush after signing Savio
-
Man City sign Lille's Bouaddi for 100 mn euros
-
Celtic count the cost of Champions League flop
Basatne Launches ORBT to Transform the Global Digital Payouts Market
New fintech platform converts refunds, trade-ins, and incentives into instant digital value, aligning with the global shift toward mobile-first, closed-loop spending.
GRAPEVINE, TX / ACCESS Newswire / March 11, 2026 / Basatne, a global leader in sustainable trade solutions and reverse logistics, today announced the launch of ORBT, a next-generation digital payouts platform designed to modernize how brands issue refunds, trade-in credits, and incentives.
As consumer behavior shifts rapidly toward mobile-first, instant digital experiences, traditional cash-based refund systems are increasingly misaligned with market expectations. Once funds are returned to a customer's bank account, value exits the brand ecosystem entirely - limiting retention and breaking the circular flow of demand.
ORBT addresses this inefficiency by converting payouts into digital value, including credits, gift cards, and digital wallets. This closed-loop model keeps spending within a defined network of partner brands, strengthening retention, increasing engagement, and creating measurable ecosystem value.
Global market data underscores the shift:
75% of millennials prefer digital gift cards
77% of consumers value immediate delivery of digital rewards
66% of digital gift cards are purchased for self-use
43% of open-loop gift card users purchase monthly or more frequently
52% of businesses use gift cards in employee benefit programs
These trends signal that digital value is no longer a niche incentive tool and is becoming a mainstream payment and engagement mechanism.
Built on Basatne's proprietary infrastructure, ORBT integrates directly with enterprise systems to enable instant digital refunds, trade-in credits, loyalty rewards, and employee incentives at the point of approval. Digital value issued through ORBT can be redeemed across more than 4,000 regional and global retail partners, offering consumer flexibility while preserving ecosystem control for brands.
"In circular economies, value should not exit the system as cash," said Ammar Aboulnasr, CEO of Basatne. "ORBT embeds fintech directly into circular workflows - transforming refunds and trade-ins into digital value that is instant, traceable, and redeemable across partner networks. This improves customer experience and retention while aligning financial flows with ESG and circularity objectives."
The global reverse trade, buyback, and returns market represents hundreds of billions of dollars annually, and much of it is still processed through traditional cash refund systems. ORBT positions Basatne to digitize and retain a significant portion of this value within structured ecosystems worldwide. Designed for scale, ORBT supports use cases across e-commerce, telecom, fintech, logistics, hospitality, and HR.
With ORBT, Basatne continues expanding its global digital infrastructure, transforming payouts from a cost center into a strategic lever for efficiency, retention, and circular value creation.
About Basatne
Founded with a vision to transform global trade, Basatne evolved from a family-run business into an international leader in sustainable commerce, reverse logistics, and circular fintech infrastructure. Today, the company serves businesses and consumers across six continents, supporting the future of re-commerce, digital trade, and financial ecosystems.
Learn more at www.basatne.com
Contact Information
Mohammad Sleiman
+971 56 605 9122
SOURCE: Basatne
View the original press release on ACCESS Newswire
R.Lee--AT