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Why FlexCache is right for your business
Increased profitability ~ FlexCache can help you maximize the profitability of your customer base because customers tend to purchase more than the value of the card.
Strengthened customer loyalty ~ Because the recipient of a gift card is often different that the purchaser, you’ll have an increased opportunity to establish new customer relationships while rekindling old ones.
Enhanced security ~ If your business includes retail stores, gift cards will help you minimize your exposure to fraud. Since the cards are not activated until they’re sold to a customer, you can safely display them at the point of sale.
Flexible funding options ~ Multi-unit operators can settle cross store activity through inter-store or centralized account options. Funding schedules can also be customized.
Simplified program management ~ An electronic gift card program requires less operational management than a paper based gift certificate program. With FlexCache, all of your gift card accounts and transactions are stored in a central database so you can easily track your transaction activity and outstanding liabilities. We’ll even provide you customized database and accounting tools to match your corporate structure, so card activity can be reported and reconciled at the store, chain and corporate levels.
FlexCache card types for your business
Gift card
Gift cards are increasingly popular ~ give your customers the option to purchased gift cards customized with you’re logo and watch your revenue increase. Not only will you attract new customers into your store, you’ll also benefit from decreased operating expenses because gift cards are less expensive and easier to maintain than paper certificates.
Prepaid card
Offer your cash paying customers prepaid cards and they will benefit from the convenience that credit and debit customers enjoy. Not only will pre-paid cards decrease your operational expenses; they can increase your revenue because pre-paid cards help strengthen customer loyalty.
Employee card
With employee cards, you can easily issue spending credit to employees so they can purchase goods and services ~ and track how much money they have spent. Unlike a paper program that requires manual tracking you can issue and track employee stored value cards electronically ~ the perfect system for handling all “free” or “cashless” transactions.
Merchandise return card
Streamline your merchandise return process and reduce the likelihood of fraudulent returns by issuing store credit via merchandise return cards to your customers. Not only does an electronic card program decrease your operational expenses. It can increase your revenue because unlike some return programs, this doesn't give customers cash back.
How FlexCache works
FlexCache is easy to implement because stored value cards can be issued and activated at the time of purchase. Cards can be pre-denominated with a specific amount on the face of the card or they can have no pre-set value so you define how much value to place in your customer’s account at the time of issuance. Value can be added and deducted from a card any time your customer uses it to purchase goods or services. Customer receipts are simple to understand because they include a remaining balance. FlexCache provides full-service customized stored value program, training and help desk support, database maintenance and transaction processing and reporting.
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