Sionic Mobile today launched its all-new Ion Rewards app for consumers, free from both the App Store and Google Play.

Sionic said in a press release that the latest version of its app has new features and functionality, including an interactive user interface, a two-tap checkout process and instant, real-time rewards for every purchase completed using the app. 

Sionic said Ion Rewards users now have access to the nation's largest mobile rewards marketplace, consisting of 100,000 retail locations and including top brands in apparel, automotive, coffee shops, electronics, entertainment, home improvement, hotels, movie theaters, office supplies, restaurants and sporting goods. 

Purchases are completed with two taps in the app using a linked credit or debit card or a third tap to apply earned Ions toward any purchase during checkout, according to the announcement. Users earn 2 percent or more of every purchase completed, in real time, with no pending wait periods, and on top of any rewards they may receive from their bank or credit card provider.

Ions spend like cash on anything, any time at any merchant in the Ion marketplace; there are no restrictions and Ions never expire, Sionic said. Users also earn 2,000 Ions for simply downloading the app, setting up an account and completing email verification.

"Today's savvy consumers expect mobile payments and loyalty rewards to be convenient, simple and have no limitations," Ronald Herman, CEO and founder of Sionic Mobile, said in a statement. "There are plenty of loyalty programs available but most are confusing and have restrictions that make them difficult to use. We wanted to create the ultimate user experience by first building the largest-variety, multichannel merchant marketplace where consumers shop or dine regularly. Next, we made rewards immediate, relevant and easy to earn and spend at any Ion merchant — with no strings attached."