ADMINISTRATIVE & REPORTING FEATURES
- Daily Transaction Summary: Receive a daily report of all stored value cards processed.
- Monthly Liability Report: Check the outstanding balances of all cards issued.
- Cardholder Balance Inquiry: Allow cardholders to check card balances via the telephone.
OPTIONAL FEATURES
- Service Fees: Deduct a pre-set amount from the value of a card based on non-activity parameters.
- Online Administration Tools: Track card activity, activate multiple cards, and transfer card balances.
THE MANY USES OF STORED-VALUE CARDS
Stored-value cards have multiple uses that can help build revenue for any business.
- Merchandise returns
- Promotional marketing tools
- Convenience cards for repeat purchases
- Corporate/charitable gifts
- Customer appreciation
BENEFITS AT A GLANCE Stored-value cards are a smart business choice for many reasons:
- Acquire New Customers: Gift cards given by loyal customers entice friends and families to sample your business. The cards are ideal for promotional mailings, charitable donations, come-back rewards, and other marketing programs.
- Increase Sales and Profits: Most card recipients spend more than the value of their gift card – 25% more on average – and there’s no cashback required. When used for merchandise returns, the value stays on the card, forever.
- Encourage Repeat Business: Stored value cards are great for regular customers, enabling them to conveniently use a prepaid balance for recurring services.
- Popular with Customers: Gift cards are consistently one of the top gifts for festive occasions. They also attract new customers and help boost sales all year long.
- Simple To Manage: With consolidated electronic reporting and tracking it is simple for any size business to manage.