Local business can cash in with gift card payment processing
By Louis Georgakakis
To promote consumers' access to products and services within their communities, LocalGiftCards.com was recently launched.
"Consumers should be able to shop locally when they are buying gift cards online, and now they can," said Sarah Miller, marketing director at LocalGiftCards.com. "We're connecting small businesses with their biggest fans … If your friend across the country loves a certain restaurant in his hometown, we make it easy for you to give him a gift card from that restaurant."
This kind of availability could provide small, local businesses with a significant revenue stream since gift card spending has increased 6 percent year-over-year since 2005, according to findings from The Tower Group. By 2014, the gift card market is expected to reach $11 billion in sales, and continue growing until it exceeds $200 billion by 2021.
To capitalize on theses sales opportunities, retailers can expand their merchant accounts to facilitate gift card sales in addition to credit and debit card processing.
Related News - Credit Card Processing
GlobalOne Sponsors the First Ever Montreal TechCrunch Pitch-Off and Meetup
GlobalOne, a division of Pivotal Payments, is proud to support the startup community and sponsor Montreal's first TechCrunch Pitch-Off and Meetup. This popular event will make its long-awaited debut in the “City of Saints” this Wednesday, April 1st at the Société des Arts Technologiques (SAT).Full Article
Pivotal Payments at TRANSACT 15
TRANSACT 15: Powered by ETA is the place for payment technology industry pros to connect and share news and ideas. Encompassing the largest annual audience for the electronic payments industry with 6 conference tracks, 59 educational sessions and 55,000 square feet of trade show floor, TRANSACT is for leaders, innovators, and the newest players changing the payments industry game.Full Article
Pivotal Payments to Exhibit at Money20/20
Pivotal Payments is excited to be exhibiting at the sold-out Money20/20 conference, November 2-5, at the Aria Hotel in Las Vegas. Money20/20 is the leading global event for innovations in money and is heralded as the world’s premier event for payments and financial services.Full Article
Pivotal Payments exhibits at the 11th Annual WSAA Conference ...Come see us at Booth 75!
Pivotal Payments will be exhibiting at the 11th Annual WSAA Conference, October 15-16, at the San Diego Marriot Marquis and Marina, booth 75.Full Article