Erica Sandberg of Creditcards.com reports that many businesses -- from office supply stores to wireless companies -- are switching to prepaid cards, and the reasons are multifold. One is the likelihood of boosted sales. According to rebate analyst Hal Stinchfield, CEO of Promotional Marketing Insights, a well-featured rebate card can result in "double-digit or sometimes triple-digit sales growth during the promotion period."
Has your company seen an increased growth in prepaid cards as rebates? We'd like to hear your thoughts.
Prepaid cards replace checks as rebate payment of choice
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