Magnetic Stripe Gift Cards

Magnetic Stripe Gift Cards
Magnetic stripe gift cards are a great way to give as rewards in schools, the workplace and as gifts for special occasions. Unlike paper tokens they are not easily lost and the total denomination does not have to be spent in one go. There are so many benefits and uses for magnetic stripe gift cards that most businesses now offer them.

Cashless way to control pocket money
Parents, especially those of teenagers don’t always feel comfortable giving their children cash to spend when out and about and like some control over how the money is spent. Businesses that offer magnetic stripe gift cards do extremely well from parents as they can give them a certain amount to spend in specific stores where they know they will be unable to purchase things they would rather they didn’t.

Key fob cards
Not everyone is comfortable with carrying an array of cards with them, especially if they have many things in their bag or pocket and struggle to find them. A great way to attract customers is to offer a reward scheme and giving a key fob card rather than a conventional card will ensure it’s something they bring with them each and every trip. In using them you will also have a better idea of what range of people buy certain items within your store so that it can be better tailored to suit their needs. Having customer demographics is extremely important in helping you focus on your most lucrative customers, they will be more willing to give up their information if they feel they are getting something out of it such as a reward scheme.

Suitable for all businesses
Whether you are an education provider, restaurant, travel company or games retailer you will find that magnetic stripe gift cards make it easier for people looking for a perfect gift for their loved ones but are unsure what they do or do not already have to shop with you. Parents, grandparents and friends often prefer to send gift cards over buying gifts or putting money in cards because they are able to give a gift the recipient will love without having to spend hours trawling for that perfect gift that may not be so perfect after all.

Savings incentive
Top up magnetic gift cards are great for saving money for a special occasion rather than having the temptation of cash hanging around. As a business it will mean that the money saved can only be spent with you (and chain stores if you wish) giving you an idea of future income around holiday times.

Varied options
Cards can be printed with your logo and in a variety of styles such as gift cards, Card and Key tag combo’s where magnetic stripe gift cards are included as well as a perforated key tab that can be broken off to be used as a key fob. By swiping the cards through your machine you can validify them, or instead choose the scratch-off panel cards, where people can use the PIN codes underneath the panels to make their purchases, ideal for online shopping where they can add credit to their account without having to part with their credit/debit card details.