GIFT CARD POOLING
For Merchants or Franchisors who have multiple locations, Synergy can initiate either “Location Pooling” or “Corporate” Pooling. Synergy tracks where the Gift Cards were loaded, where they were redeemed and will pay the respective business owner via ACH.
Detailed Gift Card Pooling reports are also provided making moving gift card sales between locations easier than ever before.
SELL YOUR GIFT CARD
Synergy World has integrations with Blackhawk Network and Incomm, giving you the opportunity to sell your Gift Cards through the largest retailers in the world.
GIFT CARD FACTS
|Gift Cards have been the most requested item on holiday wish lists the last 7 years. (from 2007-2013)||61% of gift card holders spend more than the amount of their gift card, and 75% of those who overspend spend 60% more than the value of their card.|
|Gift cards are the most profitable square foot of selling space at many retail sites.||The average gift card user ends up spending an extra 20% beyond the value of the card.|
|Purchases made with a gift card are between 20% and 50% higher than the average purchase price.||61% of surveyed retailers plan to offer mobile gift cards by 2015.|
|The most common Gift Card amount is $25.00||The average amount loaded on a digital gift card is around 10-15% more than a plastic gift card.|
|Retailers who switch from paper gift certificates to plastic gift cards typically see a 50-100% increase in sales.|