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ProcessingPoint.com >> Retail Merchant Accounts >> Gift Cards & Loyalty Cards
Gift Cards & Loyalty Cards
Gift Card and Loyalty Cards increase sales, and customer loyalty on a very low investment. Gift/loyalty cards provide a convenient way for customers to spend more money with your business. Here are some proven statistics in regard to increased sales:1. Increase Sales
- 50% increase in gift card sales by replacing paper gift certificates with cards
- 60% of cardholders spend more than the cards value
- 33% increase in the sales value
2. Increase Profits
- 40% of gift card recipients purchase full price items
- 30% reload a card
- 41% in average load versus paper
3. Increase Prepayment Float
- 10% of gift card value goes unredeamed
- 28% increase in average load in 2004
- 45% of customers purchased gift cards in 2004
Gift Cards versus Loyalty Cards
Gift cards is essentually gift certificates, which are preloaded, and are simply given when a customer wants to give a gift. A loyalty card is given by the merchant to a loyal customer, or to a customer to create a form of loyalty to a company. For instance, Subway has had great success in giving loyalty cards, in which a store credit can be achieved by the customer after their 10th visit.| Gift/Loyalty Card Pricing | Our Rates & Fees |
| Setup Fee | $99.00 |
| Price per card, Qty: 100 | $0.60 |
| Price per card, Qty: 250 | $0.55 |
| Price per card, Qty: 500 | $0.45 |
| Price per card, Qty: 1,000 | $0.40 |
| Price per custom card, Qty: 500 | $0.60 |
| Price per custom card, Qty: 1,000 | $0.70 |
| Transaction Fee | $0.25 |
