Electronic gift cards encourage repeat business, attract new customers and boost sales all year long. The booming stored value card business accounts for billions of dollars per year in sales for retailers nationwide. Modern Processing Solutions provides Electronic Gift Card Programs (EGC) that are the perfect solution to lay claim to your stake in a new era of consumer spending. Maximize your stored value card sales with a complete package of marketing features. Ever mindful of your business needs, simple administration and top-notch security are built-in features to make program management simple and cost effective.
How Gift Cards Work:
•Retains 100% of Purchased Value •Unlike paper certificates, value is retained for partially used cards •The sales price is deducted from the card and the remaining balance used later •Remaining balances bring return visits and ensure that the entire value will be spent at your business Integrates Seamlessly into Your Business Environment •Works on most payment terminals and software solutions Administration is as easy as regular credit card purchases •Monitor transaction details and card balances online
Benefits At a Glance
Stored value cards are a smart business choice for a variety of reasons… Bring in 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 & Profits: Most card recipients spend more than the value of their gift card – 25% more on average – and there’s no cash back required. And, when used for merchandise returns, the value stays on the card and never leaves the store. 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 during the holiday season. They also attract new customers and boost sales all year long. Simple To Manage With consolidated electronic reporting and tracking, it’s simple for any size business to manage.
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 card holders to check card balances via the telephone
Optional Features
•Service Fees – deducts a pre-set amount from the value of a card based on non-activity parameters •Online Administration Tools – track card activity, activate multiple cards, transfer card balances, and access reporting online
Uses Of Stored Value Cards
•Merchandise returns •Promotional marketing tools •Convenience cards for repeat customers •Corporate/charitable gifts •Customer appreciation •Holidays and special occasions
Gift and Loyalty Cards are an excellent tool to help you earn more profits & build customer loyalty all year round! For more information please call (866) 359.0770.
