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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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May 22, 2013

Headline News - May 22, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 11, 2013

Headline News - May 11, 2013

On the web:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 19, 2013

Blackhawk Network Holdings (HAWK) Completes Initial Public Offering

BlackhawkNetwork logo 140pxBlackhawk Network Holdings, a majority owned subsidiary of Safeway, completed its initial public offering and began trading earlier Friday on NASDAQ under the symbol HAWK.

Shares were priced at $23 with 10 million shares being offered by the company. In today's trading, the shares advanced 13% to close at $26.01 at the market close. At that price, the market valuation for the company would be about $1.4 billion.

Blackhawk distributes prepaid cards, including gift cards, and connects brands to consumers via partnerships with various retail distributors, such as grocery store chains.

January 31, 2013

Facebook Introduces New Type of Gift Card

Facebook logo 140pxFacebook has introduced the Facebook Card, a new type of 'social' gift card that can hold multiple prepaid balances good at different merchant locations.
After you've received a card, the next time you get a Facebook Card gift, it will instantly be added to your existing card. Your card can hold multiple gift balances, and each balance is dedicated to the retailer associated with the gift. For example, you might have gift balances of $100 at Sephora, $75 at Target, $50 at Olive Garden, and $8.25 at Jamba Juice.

The ability to send a Facebook Card gift will roll out gradually to users in the US.

January 08, 2013

InComm Acquires Giftango Corporation

InComm logo 140pxInComm announced that it has acquired Giftango Corporation, a leading digital gifting solutions provider.
“This acquisition opens doors to new and meaningful distribution channels for InComm merchants and product partners. Giftango is the digital gifting technology behind very large loyalty, incentive and mobile platforms in the US market, and has made inroads internationally as well,” said Brooks Smith, InComm president and CEO. “This also adds proven B2B, e-commerce and promotional toolsets to the portfolio of InComm products.”

January 07, 2013

Givex Takes Gift and Loyalty Solutions Social With Wrapp

Wrapp logo 140x60px Wrapp announced that Givex has integrated with Wrapp to make its friend-to-friend marketing platform available to the Givex network of retail customers.
"Wrapp has figured out how to bring together some of the most powerful aspects of the mobile and social movements reshaping how people interact today, and at the same time make it incredibly compelling and profitable for big retailers in a very smart and elegant fashion," said Amanda French, Givex Vice President of Partner and Client Development. "One of the most important benefits of the integration with Wrapp is our retailers can now use the Givex integration they have in place to drive friend-to-friend store traffic -- and not just for gift card sales."

December 21, 2012

September 26, 2012

Gyft Brings Gift Cards From Over 200 Retailers To Apple’s Passbook

Gyft logo 140x60pxGyft announced its complete application integration with Apple’s Passbook on iOS 6. Gyft offers retailers a simple way to push gift cards to Passbook while giving consumers even more flexibility and convenience for storing, sending, and redeeming their gift cards on Apple’s mobile devices.
“Gyft is thrilled to be fully integrated with Passbook for the launch of iOS 6 and the iPhone 5,” said Vinny Lingham, CEO of Gyft. “You can now conveniently sync any gift card from your Gyft wallet with Passbook. We are also powering our retail partners to connect directly with Passbook through Gyft’s digital gift card platform."

Gyft recently debuted its mobile app as a TechCrunch Disrupt finalist, launching with more than 200 major retailers, including Amazon.com, Brookstone, Lowe’s, and Sephora.

July 17, 2012

Openbucks Raises $4.8 Million For its Gift Card Payment Network

Openbucks logo 140x60px Openbucks announced the closing of a $4.8 million Series A funding round led by Yahoo co-founder, Jerry Yang, with the participation of Terry Semel, Greycroft Partners, BV Capital, Clearstone Ventures, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, CrunchFund, SV Angel and TiE Angels.
The Openbucks Gift Card Payment Network enables consumers who don't have credit cards or a bank account, or who prefer to keep their financial information private, to pay for online goods and services using the gift cards of major retailers. The regular gift cards of Subway, CVS Pharmacy, Burger King, Shell, Circle-K and CITGO are now accepted through the Openbucks Network as a form of payment at thousands of online checkouts. This provides millions of unbanked and underbanked consumers, including teenagers, with a free, safe and convenient way to pay online using trusted brands.

June 06, 2012

Shopkick Taps Giftango to Power Digital Gift Cards as Mobile Reward

Giftango logo 140pxGiftango announced that shopkick has selected Giftango as a key provider of digital eGift card fulfillment.
Giftango’s platform connects shopkick users with their gift card of choice to deliver rewards instantly. Through a secure and consistent user experience across the entire mobile gifting environment, Giftango’s channel partner solutions and mobile API allow any loyalty partner – in this case the largest location-based, shopping app provider – to painlessly navigate a retail brand’s eGift card program.

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

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