Gift & Loyalty Cards

Did you know…

  • Gift cards have grown to be a $ 3.5 billion industry and will surpass $5 billion by the end of 2010
  • 51% of customers who receive gift cards spend more than the card’s initial value
  • Customers spend 6% more when buying from companies that offer gift cards
  • 53% of customers WANT to receive a gift card as a gift

Custom, branded gift and loyalty cards are a tremendous way to increase store traffic and expand your profit opportunities. With Retriever Payment Systems enabling this payment option, you can be sure you’re not missing out on potential sales.

Our gift and loyalty services let you replace paper gift certificates with cards that look, feel, and act just like a major credit card. Each card is cashier activated with a unique, electronically encoded account number stored on a magnetic stripe, allowing purchases to be tracked for reporting and marketing purposes.

The benefits of offering gift cards are many:

  • Open doors to new customers
  • Retain existing customers
  • Gift cards are, many times, impulse purchases
  • Birthdays are the #1 occasion for gift card purchase and easy to offer your customers
  • Gift cards make up 31.3% of all graduation gifts
  • Seasonal specials are easy
 and can be used promotional tools
  • Can be used for store credits, returns and refunds
  • More difficult to counterfeit than paper certificates
  • Sell to employees as incentives/rewards
  • Prepaid sales opportunities
  • Can be sold at a discount to non-profits and schools for fundraising events
  • More efficient and cost-effective than paper
  • No accounting as reports are generated electronically

Advantages of Offering Gift Cards

  • Increase your sales
  • Retains the full face value with no cash back
  • Consumers often spend more than the card’s face value
  • Merchant retains any unused balance (subject to state laws)
  • Cards have no value until activated
  • Plastic cards are harder to counterfeit than paper certificates
  • More efficient and cost-effective than paper
  • No accounting as reports are generated electronically