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Article: Moneris Solutions Rolls Out Small Business Gift Card Program; Gift Cards Deliver Big Rewards for Small Businesses In the Form of Increased Sales and Enhanced Customer Service.(Company overview)
- Article from:
- Business Wire
- Article date:
- May 30, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Small businesses can now offer their own Gift Card Programs, an option that is often cost prohibitive and complex for that market segment, thanks to an innovative new Gift Card Program from Moneris Solutions, Inc., one of North America's largest electronic transaction processors.
Gift cards were introduced around 1995, and since that time, their popularity has exploded. According to Tower Group, gift card dollar volume grew 50 percent from 2002 to 2003, totaling close to $45 billion in sales in 2003 - and future growth is estimated to be more than $90 billion in sales by 2007.
"Moneris' Gift Card Program allows businesses of all shapes and ...