Gift Cards are the fastest growing industry in North America with sales close to $100 billion a year! 42% of consumers prefer to receive gift cards rather than merchandise, and two-thirds of all consumers have purchased at least one gift card over the last year!
Over 90% of Americans either purchased or received a gift card in 2011, and 72% of gift card recipients reported spending MORE than the value of the gift card. 10 -15% of gift card recipients never redeem the full value of a card, meaning the business keeps it as profit!! These industry statistics are compelling enough reasons why your business should have a gift card program in place. Call Merchant Services America today for pricing information on how to get started. We have solutions for all budgets! You don’t have to be a nationwide box store to have a gift card program. Just look around at some of your local businesses who have gift card programs! Gift cards are a proven winner for increasing foot traffic AND profits to your business! Call Merchant Services America today to start on one of our Gift Card Processing programs!
Typical Merchants That Have Gift Cards:
• Beauty Salons
• Fast Food
• Gift, Card, Novelty Shops
• Jewelry Stores
• Automotive Repair
• Sports Clubs