Is there relief ahead for exorbitant credit card fees? The answer is yes. But first, there’s a fight to be fought. According to NACS in Alexandria, Va., credit card payments have grown from 21% of transactions in 1995 to 49% today, with the trend expected to grow to more than 50% by next year. The…
Cultivating Loyal Customers
Savvy c-store operators are using customer loyalty/scan-data-analysis programs to improve merchandise planning, forecasting and point-of-sale (POS) data management, and to provide a technology platform for long-term growth. When done well, the inevitable result is to empower store personnel to react quickly, make more informed decisions and improve cost effectiveness, so they can simplify customers’ lives.…
Prepaid Cards: The Sky’s the Limit
Prepaid cards have been used in the U.S. for about 20 years, and forward-thinking marketers continue finding new ways to use and promote them. This is a boon for convenience retailers, many of whom have been instrumental in growing the category. Prepaid cards were invented in Europe in the mid-70s when Italians found themselves short…
Keep Cash Flowing
Cash Solutions is offering a free equipment promotion to retailers opening a merchant account that could attract more customers by allowing them to accept Visa and MasterCards. The new VeriFone Omni 3740 is shipped to a retailer programmed and ready to use, with all the processing capabilities needed for a compact point-of-sale terminal with…
Mall Variety
Coinstar Inc. announced an agreement between Coinstar E-Payment Services Inc. and Charter One for Coinstar to distribute the universal Charter One MasterCard Gift Card through Coinstar gift card malls. The program offers consumers the convenience and flexibility of being able to usethis card at millions of locations where Debit MasterCard is accepted. The balanced…