BHN | Jotup

New Industry Report: Digital Gift Card Programs Offer Significant Untapped Revenue Streams for Retailers

Retrieved on:

목요일, 4월 11, 2024

The 2024 assessment evaluated the digital gift card programs of 100 top U.S. merchants and found continued consumer interest in digital gift cards shows no signs of slowing, making investments in online gift card programs crucial for merchant success.

Key Points:

The 2024 assessment evaluated the digital gift card programs of 100 top U.S. merchants and found continued consumer interest in digital gift cards shows no signs of slowing, making investments in online gift card programs crucial for merchant success.
“The U.S. gift card market is forecasted to reach a total value of more than $247 billion by 2027 with digital gift cards and codes forecasted to account for nearly 55% of total gift card spending2.
“An optimized gift card program meets the needs of today’s omnichannel shoppers while catering to the preferences of multiple types of gift card purchasers and recipients.
Edition of the Benchmark Report: 2024 Digital Gift Card Leaders provides average scores for industry categories in addition to overall U.S. data and insights to help retailers assess the strengths and opportunities for their own gift card programs and prioritize areas for investment.

Habitat for Humanity works to create equitable, inclusive communities across the U.S. through annual Home is the Key campaign

Retrieved on:

월요일, 4월 1, 2024

Habitat for Humanity, Racism, Congress, Humanity, Religion, Social media, Sale, Policy, IHeartRadio, Radio, United Way, American Dream, Housing, Key, BHN, Family, Marketing, Hunting

ATLANTA, April 1, 2024 /PRNewswire/ -- On April 11, 1968, days after the assassination of civil rights leader Martin Luther King, Jr., Congress passed the monumental Fair Housing Act to prohibit discrimination on the sale, rental and financing of housing based on race, religion, or nationality. The landmark bill gave potential homeowners – particularly Black Americans – hope that they could achieve the American Dream of purchasing and owning a home of their own.

Key Points:

Habitat for Humanity knows that a decent, affordable home is the key to stability, well-being, and intergenerational wealth.
Today, Habitat for Humanity is kicking off its eighth annual Home is the Key cause marketing campaign to help unlock equitable homeownership and build inclusive communities across the U.S.
As part of the Home is the Key campaign, Habitat for Humanity and Habitat LA are partnering to hold several in-person builds in Los Angeles.
People can support the Home is the Key campaign by donating online and by purchasing select products that send a portion of the proceeds back to Habitat.

Blackhawk Network Launches Select Codes, Allowing Quick, Simple Distribution of Rewards for Employees and Customers

Retrieved on:

목요일, 2월 15, 2024

Technology, Payments, Finance, Fintech, Banking, Professional Services, Software, Networks, Internet, Data Management, Acquisition, Blackhawk Network Holdings, Love, Corporation, Research, BHN, SVP, Mail

Global branded payments provider Blackhawk Network (BHN) today announced the launch of Select Codes, an innovative digital code-to-catalog designed for businesses.

Key Points:

Global branded payments provider Blackhawk Network (BHN) today announced the launch of Select Codes, an innovative digital code-to-catalog designed for businesses.
Select Codes provides reward recipients with the ultimate choice and allows businesses to quickly and simply distribute codes to customers, employees and more.
“Our research found that incentives buyers are looking for innovative products that create meaningful connections with their employees and customers.
Select Codes is a perfect solution for customer acquisition and loyalty, employee rewards, appeasements, goodwill and more.

Blackhawk Network (BHN) Partners with Roblox to Expand Launch of Digital Gift Cards

Retrieved on:

수요일, 2월 14, 2024

Software, Technology, Digital Cash Management, Digital Assets, Payments, Roblox, USD, CFH, BRL, JPY, CHF, Communication, Blackhawk Network Holdings, CAD, Creativity, GBP, BHN, Online shopping

Leading branded payments provider, Blackhawk Network (BHN), has partnered with Roblox, a global immersive platform for communication and connection, to offer Austrian (EUR), Belgian (EUR), Swiss Franc (CFH), and Brazilian Real (BRL) digital gift cards on Roblox’s gift card site, Roblox.com/giftcards .

Key Points:

Leading branded payments provider, Blackhawk Network (BHN), has partnered with Roblox, a global immersive platform for communication and connection, to offer Austrian (EUR), Belgian (EUR), Swiss Franc (CFH), and Brazilian Real (BRL) digital gift cards on Roblox’s gift card site, Roblox.com/giftcards .
Consumers in each respective country can now purchase Roblox digital gift cards in their local currencies.
Roblox digital gift cards enable users to purchase Robux, the platform’s virtual currency, which is used to acquire digital items and accessories for an enhanced and more personalized experience.
This expansion follows the November 2023 announcement from BHN that consumers throughout Japan can now purchase digital Roblox gift cards .

Blackhawk Network Signs Agreement to Acquire Tango Card

Retrieved on:

수요일, 1월 31, 2024

Software, Technology, Payments, Acquisition, Blackhawk Network Holdings, FTV, HR, Hart–Scott–Rodino Antitrust Improvements Act, API, Marketing, BHN, Cryptocurrency

To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) today confirmed that it has entered into a definitive agreement to acquire digital B2B gift card rewards innovator Tango Card (Tango) .

Key Points:

To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) today confirmed that it has entered into a definitive agreement to acquire digital B2B gift card rewards innovator Tango Card (Tango) .
“We have been a longtime partner to Tango and were also an early investor.
“I started Tango 15 years ago to fundamentally improve the incentives industry for customers and their recipients,” said David Leeds, Tango’s founder and CEO.
The Tango acquisition marks the second time FTV and BHN have partnered on an acquisition.

Blackhawk Network (BHN) raises over $1 million for Habitat for Humanity to support building homes, community and hope around the world

Retrieved on:

수요일, 1월 24, 2024

Hope, FDIC, Habitat for Humanity, Humanity, Housing, BHN, Good, Sale, Organization, Online shopping

ATLANTA, Jan. 24, 2024 /PRNewswire/ -- Global branded payments provider Blackhawk Network (BHN) announced today that it has raised $1 million for Habitat for Humanity International through the sales of its Giving Good ® gift cards.

Key Points:

ATLANTA, Jan. 24, 2024 /PRNewswire/ -- Global branded payments provider Blackhawk Network (BHN) announced today that it has raised $1 million for Habitat for Humanity International through the sales of its Giving Good ® gift cards.
For each Giving Good card purchased, three percent of the amount loaded onto these cards1 are donated to Habitat for Humanity in support of its mission of building homes, communities and hope around the world.
More than half of surveyed consumers (56%)3 are interested in giving gift cards that benefit a charity this holiday season.
"At Habitat, we know the transformative impact that a home has on families and communities," said Tolli Love, chief development officer, Habitat for Humanity International.

Affirm and Blackhawk Network Partner to Provide Consumers With More Choice and Flexibility for Purchasing Gift Cards

Retrieved on:

화요일, 12월 12, 2023

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Blackhawk Network (BHN) - the leading distributor of digital gift cards in the U.S. - have partnered to bring consumers even more choice and flexibility for purchasing gift cards.

Key Points:

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Blackhawk Network (BHN) - the leading distributor of digital gift cards in the U.S. - have partnered to bring consumers even more choice and flexibility for purchasing gift cards.
Now, consumers can use Affirm to purchase digital gift cards directly on Affirm.com or in the Affirm app from their favorite brands across entertainment, dining, clothing and accessories, outdoor goods, home and more.
“A recent Affirm survey found that 70% of Americans plan to purchase a gift card this holiday season.
“Digital gift cards are growing more than twice as fast as physical gift cards, and the overall U.S. gift card market is expected to reach $260 billion over the next three years.

Experts Forecast Increased Reward Program Spending, YOY Deal-Seeking Behavior This Holiday Season

Retrieved on:

월요일, 11월 13, 2023

Shoppers increased their reward program spending by 22% last year compared to 2021; they are on pace to match, if not eclipse, that pace this year.

Key Points:

Shoppers increased their reward program spending by 22% last year compared to 2021; they are on pace to match, if not eclipse, that pace this year.
Clear consumer-preferred categories such as food and drink, health and beauty, and entertainment and leisure are already experiencing YOY reward program shopping increases (116%, 44% and 28% respectively).
Additionally, offering promotions that connect shoppers to brands digitally will help organizations reach people during the holiday season and easily follow up once it’s over.
“Shoppers will be looking to their rewards programs to gain extra value and stretch their budgets this holiday season,” added Berry.

Habitat for Humanity's corporate partners support affordable housing this holiday season

Retrieved on:

목요일, 11월 9, 2023

ATLANTA, Nov. 9, 2023 /PRNewswire/ -- Throughout the holiday season, several corporate partners are working alongside Habitat for Humanity to support the organization's vision of a world where everyone has a decent place to live.

Key Points:

ATLANTA, Nov. 9, 2023 /PRNewswire/ -- Throughout the holiday season, several corporate partners are working alongside Habitat for Humanity to support the organization's vision of a world where everyone has a decent place to live.
"At Habitat, we understand the impact of having a safe place to call home, especially during the holiday season," said Tolli Love, chief development officer at Habitat for Humanity International.
This holiday season, retailers across the US will have gift cards displaying the Habitat for Humanity International logo.
This holiday season, Nissan is proud to partner with Habitat for Humanity to bring people together to build homes, communities and hope.

New Research Forecasts Holiday Spending Will Remain Flat and Consumers Plan to Spend Nearly Half their Gifting Budget on Gift Cards

Retrieved on:

목요일, 10월 26, 2023

The annual holiday forecast1 from global branded payments provider, Blackhawk Network (BHN), found shoppers surveyed plan to spend 43% of their holiday budget on gift cards this year.

Key Points:

The annual holiday forecast1 from global branded payments provider, Blackhawk Network (BHN), found shoppers surveyed plan to spend 43% of their holiday budget on gift cards this year.
“Consumers will once again look to gift cards to make the most out of gifting, with shoppers planning to spend nearly half of overall gifting budgets on gift cards, a trend largely driven by younger consumers.
Key findings from the research include:
Surveyed consumers plan to spend $770 on holiday gifting overall this year, which is a relatively flat 3% increase over 2022.
Surveyed Gen Z consumers also plan to spend 56% more on gift cards and 9% more on gifting overall when compared to last year.