Here's your opportunity to:
Increase Revenue
- Gift Card Sales
- $30 billion in 2002
- $45 billion in 2003
- $55 billion in 2004
- Projected to be $85 billion by 2007
- Adult Consumers Received
- 2.5 gift cards on average in 2003
- 3.2 gift cards on average in 2004
- Gift Card Popularity
- The #1 gift during the 2005 holiday season
- 61% of gift cards received during the holiday season were redeemed by the end of January
- 37% of holiday gift cards remain unused
- Average breakage ranges from 4-15%
- Not Just for the Holidays
- Birthdays are the number one occasion for gift card purchases
- Industry Averages
- 3 transactions per card
- 1,000 cards annually per location with promotion
- Switching from paper certificates to gift card can result in 2-4 times the volume…by capitalizing on impulse purchases
- Prepayment Trends
- More than 1 in 10 consumers said they will buy a gift card for their own use - coffee shop, auto detail, convenience store, movie theater, car wash
Increase Customer Loyalty & Market Penetration
Electronic gift cards are often purchased by loyal customers and given to non-customers. This increases your market penetration and builds your customer base by word of mouth from your best customers. You may want to choose to make your cards reloadable and ensure the loyalty of your most valuable customers.
- Promotional Marketing Tools
- Discount cards mailed to target prospects
- Gift with purchase
- Corporate Incentives
- Sell to companies to use as employee incentives
- Use internally for rewards or spiffs
- Prepaid Vehicles for Recurring Services
- Coffee shops, auto detail, movie theaters
- Merchandise/Service Credits
- Cash back is not the only way
- Customer Appreciation
- Turn service issues into a retention opportunity
- Fund Raisers
- Sell cards at a discount to schools/non-profits
- Budgeting or Limiting Expenses/Spending
- Gas allowance card, B2B runner purchases, relocation
Increase Operational Efficiencies
With the Electronic Gift Card program, electronic reporting and tracking turns the nightmare of maintaining a gift program into a dream.
- All reports accessed online for any date or date range and can be downloaded for internal data manipulation
- Balance transfers - combining balance of two or more cards
- Certificate search - card history and balance info
- Bulk activation - great for corporate purchases & promotional cards
- Add optional expiration date
- Card grouping for flexible reporting - merchandise credits v. gift, etc.
- Historical Balance
Track the outstanding value of cards meeting criteria (no activity, activation date or time since activation) as of the date specified.
Get a Gift Card style that matches your business style. Select one of our standard programs:
Basic Program
- One card style
- DBA name, street address and phone printed on card
- Simple packaging
- 100 cards
- Envelopes included
- Recommended for single location merchants
- Cards shipped within 5 business days!
Standard Program
- Eight card styles (double cards)
- One color logo OR 3 lines of text
- 3 text-style options
- 10 imprint color options
- Order the quantity needed
- Envelopes included
- Cards shipped within 2-3 weeks from proof approval
Custom Program
- Totally customized design
- Full color front/black back
- Design services available
- Minimum order quantity of 500
- Cards shipped within 4-6 weeks from proof approval
Electronic Check Services
Tired of hassling with checks? Returned checks costing you money? Regions Merchant Services offers electronic check processing to protect your profits when you accept a check. Electronic Check Service (ECS) converts paper checks into safe, efficient electronic transactions. You will submit your daily checks through the same system you use to authorize credit and debit cards.
How ECS Works Point-of-Purchase (POP) Conversion
This process occurs in a check present/consumer present environment. The check is passed through the point-of-sale system for conversion and is approved or declined, with the voided check handed back to the customer. Settlement occurs electronically, with funds deposited to your account in the same timeframe as your credit card deposits.
Accounts Receivable Conversion (ARC)
ARC is used for check present/consumer absent transactions, which are typical of receivable payments, mail order purchases and drop-box environments. These businesses want the efficiency of electronic processing to reduce costs and improve the timeliness of deposits.
Electronic Check Service Benefits:
- Faster Access to Funds - checks are converted and transmitted with the same speed and ease as credit card deposits.
- Reduced Costs - eliminates the time, labor and paperwork associated with check deposits and returned items.
- Single Depository Bank Relationship - all check funds are deposited into a specified DDA account, eliminating the need to have multiple banking relationships based on store location.
- Minimized Risk - Verification and Guarantee Services reduce the risk of returned checks. Transactions that result in non-sufficient funds will be automatically resubmitted up to two times
- Improved Reporting - All electronic payment activity processed is consolidated on reports and statements. Computerized records allow instant access to full data on checks accepted, processed and returned.
Flexible Service Options
With ECS, you have four flexible service levels to choose from, specifically matched to meet the needs and manage the risk associated with your business.
Conversion with Guarantee
- Guarantee the funds to the merchant & converts the check to an electronic transaction
- Guarantor assumes the risk of returned items
Conversion with Verification & Collections
- Verifies that the check is currently "good" and converts the check to an electronic transaction
- Merchant retains the risk of returned items
Conversion with Verification
- Offers the advantage of Conversion w/ Verification while eliminating the merchant’s responsibility to perform their own collections. Third party handles collection efforts.
- Merchant retains the risk of returned items, but will hand off items to be collected
Conversion Only
- Converts check into an electronic transaction with minimal validation or authentication
- Merchant retains the risk of returned items for all transactions that are processed
Call 1-800-457-4789 today to learn more or you can apply now to get started.
Already accepting credit cards with another processor?
Let us give your Merchant Account a thorough check up! We'll review your current merchant statements to see if we can offer you a better solution!
More Solutions
PC-based Point-of-Sale Systems
E-Commerce Solutions
Electronic Check Solutions
Dynamic Currency Conversion
Reporting Solutions
Wireless POS Terminals
Corporate and Commercial Card Solutions