This week on Commerce Code, we speak with Keith Smith, Chief Executive Officer of Payouts Network. Payouts Network’s PayNow Platform executes instant payouts, digital credits, and pay with points - and as the name suggests, PayNow executes immediately.

Today, we talk with Keith about Points as Programmable Currency. We have lived in a long period in which people, Americans especially, never questioned or even really thought much about what currency is, how it works or whether it might change. A big-picture view suggests that currency can be lots of things - and it’s not ridiculous to think that the next step in currency evolution could come out of the points/rewards/loyalty landscape.