Gift cards have become a cornerstone of modern commerce, offering unparalleled convenience and flexibility for both merchants and consumers. However, navigating the complexities of their processing can be daunting for merchants. Some reports suggest global gift cards are projected to reach $506 billion by 2025, highlighting the widespread adoption of this payment method.
Here are five key insights you need to know:
By understanding these five key insights, supported by global statistics, merchants can effectively leverage the power of gift cards to drive growth, enhance customer experiences, and stay ahead of the competition in today’s dynamic marketplace.
If you’re ready to explore how a Gr4vy, as a payment orchestrator can support your payment strategy and future-proof your checkout, get in touch with our team for a full consultation with one of our experts.
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