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Gift Cards

Welcome to the News View for "Gift Cards".

Here, on these archive pages, you'll find all of the articles on Payments News for Gift Cards listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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January 10, 2012

Visa and Better ATM Services Debut First ATM-Dispensed Visa Gift Cards

Visa logo 60pxh Visa and Better ATM Services have announced the ability to dispense Visa Gift cards in addition to cash at existing ATMs.

With this introduction, ATM menu screens now include a “Purchase Visa Gift Card” option and prompt to designate the value to load on each card. Cards are available with no activation fee in $25 denominations during the pilot. The new ATM-dispensed Visa Gift card is made of a durable yet thinner material, which allows cards to easily pass through the cash mechanisms of ATMs.

An in-market pilot program is currently underway offering Visa Gift cards at walk-up and drive-through ATMs in select locations throughout Arizona.

December 13, 2011

December 07, 2011

Clingle Now Offering Instant Location-Based Gifting

Clingle logo 60pxhClingle has announced the launch of Clingle Gifts, a feature that lets users to send gift cards instantly from an iPhone while attaching a personalized video, audio or text message.

“We’ve taken check-in technology one step further by incorporating the spontaneity and creativity that comes with surprising a friend or loved one,” said Sonpreet Bhatia, co-founder of MyCityWay, the company behind Clingle. “The new gifting feature allows users to leave a thoughtful gesture at the right place at the right time, but with a far more personal twist. As a first of its kind mobile ‘thank you,’ the recipient can send a cling with a multimedia message, such as a picture of what they purchased with the gift card, as opposed to a traditional email or phone call.”

November 29, 2011

November 02, 2011

October 27, 2011

Giftango Adds Physical Gift Card Delivery Option to Turnkey Solution

Giftango logo 140pxGiftango has announced enhancements to their enterprise digital gift card and stored value promotions platform that extend its e-commerce gifting capabilities into physical card delivery.

Giftango’s Premium Turnkey solution offers a unified customer interface supporting both digital and physical gift card orders in a single shopping experience. The solution, allows a shopper to purchase eGift cards that feature multiple card designs, delivery to email and SMS, and allow for a personal message to the recipient. Giftango’s integration with Card Fulfillment Services, a division of Travel Tags Inc., allows customers to select from multiple physical gift card options for delivery via mail, as part of the same shopping experience.

September 13, 2011

Openbucks Launches the Gift Card Payment Network

Openbucks logo 140x60pxOpenbucks has announced the launch of its Gift Card Payment Network which lets consumers use gift cards from trusted retail brands as payment at online sites.

"We've created Openbucks to provide consumers with a simple and safe way to pay online – similar to cash in the brick-and-mortar world," said Marc Rochman, CEO and founder of Openbucks. "Twenty-five percent of U.S. households and most U.S. teens have no or very limited access to credit cards, and many consumers are leery of giving out financial information. We're aiming to give these people a frictionless way to purchase online."

September 06, 2011

The American Express Gift Card Goes Digital

Amex logo 140pxAmerican Express has announced the launch of the American Express eGift Card, "a new virtual gift card to be purchased and used online. This new virtual gift card mirrors the revolutionary American Express Gift Card, with no fees after purchase—including no fees for activation, no fees for checking a balance, no fees for monthly servicing, and the funds do not expire."

July 20, 2011

Giftango to Convert Plastic Gift Cards Into Digital Cards for Mobile Wallets

Giftango logo 140pxGiftango has announced "the release of its Mobile Wallet Conversion Platform, for securely converting plastic gift cards into digital forms of payment by inserting and leveraging a 2D barcode on the back of a plastic gift card. Giftango has assembled the infrastructure needed to help bring merchants, incentive houses, plastic card printers, and virtual payment technology companies together to drive consumer adoption of the mobile wallet."

May 26, 2011

May 11, 2011

FreeMonee Launches National Gift Network

Freemonee logo 140pxFreeMonee has announced the launch of its "first-of-its-kind national cash-gift network".

FreeMonee enables merchants to give “gifts” directly to individual credit and debit cardholders through participating financial institutions. FreeMonee gifts are cash incentives that function like a gift card on an individual’s debit or credit card. With FreeMonee gifts, consumers can purchase anything they choose at the designated merchant -- no strings attached -- by simply using their debit or credit card.
Led by CEO and Silicon Valley entrepreneur Gadi Maier, FreeMonee has raised $11 million in initial funding from Opus Capital Ventures, Redpoint Ventures, Sutter Hill Ventures, Pinnacle Ventures and Contrarian Group.

March 02, 2011

January 19, 2011

January 11, 2011

January 03, 2011

December 27, 2010

Gift Card Mall Helps Facebook Users Change Their Gifting Habits

BlackhawkNetwork_logo-140px.pngBlackhawk Network has announced a new "gift card mall" Facebook application that helps consumers give gift cards in a social context.

Through the Group Gifting feature of the new Gift Card Mall Facebook application, Facebook friends are now able to contribute as a group for a single gift card, thereby increasing the value of the gift card for the recipient. A personalized message can also be added to a card. Additionally, the social networking gifting aspect enables Facebook users to remind others about friends' upcoming holidays and celebrations, further transforming the way people network and shop together.

December 22, 2010

December 13, 2010

December 10, 2010

CashEdge Launches Gift Card Options for Popmoney P2P Payments Service

cashedge_logo_140px.pngCashEdge has announced it expanded the capabilities of its Popmoney P2P payments service to provide users with various options for sending gifts of cash or prepaid gift cards.

Popmoney's gift card service, the first of its kind in the industry, enables bank customers to send retailer gift cards from their bank accounts. Customers can send gift cards to a recipient by email, mobile number or mailing address. Banks offering Popmoney can provide the option to their customers through a simple upgrade of the service.
CashEdge has partnered with industry leader Blackhawk Network to launch the service.

December 08, 2010

December 06, 2010

November 29, 2010

November 22, 2010

November 08, 2010

November 04, 2010

Bankrate Releases 2010 Gift Card Study

bankrate_logo_140px.pngBankrate has announced key findings from a new study on gift cards. "Bankrate surveyed 54 gift card issuers to determine fees that come from major gift card providers as well as where consumers can get the most value for their money." The full 2010 Gift Card Study is available here.

September 28, 2010

CashStar Adds Mobile and Social Capabilities to its Digital Gifting Platform

cashstar_logo_140px.pngCashStar has announced that its retail clients can now offer customers mobile and social capabilities within their eGift card offerings. The Container Store is the first CashStar retailer to roll out Facebook integration. From The Container Store’s eGift Card purchase page, shoppers can send digital gift cards to a friend’s Facebook wall using Facebook Connect. In addition, both senders and recipients of eGift cards have the ability to “Like” and “Share” their digital gifting experiences on Facebook and Twitter.

September 23, 2010

RSR Research Issues Digital Gifting Leaders Benchmark Report

gift_card_icon_140px.pngRSR Research has announced the results of a benchmarking report entitled, “The Digital Divide: Digital Gifting Among Top Internet Retailers.” RSR focused on the comprehensiveness of the Top 100 Online Retails offerings and the selection, purchase and recipient experience. Based on the evaluation criteria, the retailers with the most comprehensive digital gift card offering are The Home Depot, CVS Caremark, Amazon.com, American Eagle Outfitters, and Sears.

September 15, 2010

CashStar Powers Digital Gift Card Programs for More Than 75 Leading Brands

cashstar_logo_140px.pngCashStar recently announced that it now powers digital gift card programs for more than 75 leading retail and restaurant brands.

CashStar’s clients consist of the country’s top retail brands including CVS/pharmacy, America’s largest pharmacy; The Home Depot, the world’s largest home improvement specialty retailer; Staples, the world’s largest office products company; and The Container Store, the nation’s leading retailer of storage and organization products.

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