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What is TouchSuite Gift Card Exchange?

Look in your wallet or purse right now. There’s a good chance that you have an unused gift card just sitting there. You know how it goes, someone sends you a gift card for a birthday present or you sign up for a new service and they give you a gift card to a national chain as a reward.  What happens to that gift card if you don’t shop at the particular store? That’s right; the card sits in your wallet until you re-gift it to someone else.

What if you could take that gift card and spend it like cash at any retailer you wanted you? TouchSuite’s Gift Card Exchange allows you to do just that. This revolutionary, one of kind program is only available to TouchSuite clients. Here’s how it works –

  • TouchSuite Firefly merchants can accept hundreds of national chain gift cards as payment for their products and services. Their customers can redeem the cards right at their location, just like accepting cash or their own stored-value cards. It’s as easy as tapping a button on their TouchSuite POS system.
  • Let’s say you have a $100 gift card to Home Depot. You present it to the merchant. They swipe the card and TouchSuite’s POS system automatically checks the value on the card. Then a discounted amount is offered to the customer. So that $100 Home Depot card might be worth $85.00 at the merchant’s location. If the customer likes the “exchange rate” they proceed with the transaction.
  • Business owners have the option to pay out any remaining balance in cash or store credit, just depending on their own store policies.
  • There’s ZERO cost to the business owner, and this program will come as a standard benefit on all Firefly POS systems. We’ll provide the business with signage and instructions.

By allowing customers to pay with cash, credit card, debit card, gift card and now Gift card Exchange, businesses can make it even more convenient for their customers to shop in their store. Happy customers are repeat customers and that’s a sure way to grow a business.