Printer Friendly
The Free Library
5,679,181 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

American Express Enhances Corporate Gifting Services to Tap Fastest-Growing Segment of Burgeoning Gift Card Market.


Expands Online Corporate Gift Card Purchasing, Simplifies Gifting Programs

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.  today announced enhancements to its corporate gift card services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card.  to help corporations and small businesses increase the effectiveness of their gifting programs. The improvements simplify bulk orders of American Express Gift Cards and increase the number of American Express Gift Cards that can be purchased by one company through the American Express website.

American Express' "Gifting Solutions for Business" website, www.americanexpress.com/corpalliances, provides valuable information about American Express Gift Cards, and gives companies a convenient way to buy a large number of American Express Gift Cards - as much as $15,000 or 600 cards, up from previous limits of $5,000 or 50 cards*. Companies interested in purchasing American Express Gift Cards in excess of these thresholds can do so by contacting American Express Incentive Services (AEIS AEIS Advanced Energy Industries, Inc. (stock symbol)
AEIS Aeronautical En-route Information Service
AEIS Asociación Española de Ingeniería Sísmica (Spanish Association of Earthquake Engineering) 
). AEIS offers a range of business-to-business reward solutions including prepaid cards and American Express([R]) Gift Cheques.

The Gifting Solutions for Business website also offers guidance on how corporate clients can best use American Express Gift Cards and other prepaid products as holiday gifts, end-of-year employee rewards, business gifts, sales incentives Noun 1. sales incentive - remuneration offered to a salesperson for exceeding some predetermined sales goal
bonus, incentive - an additional payment (or other remuneration) to employees as a means of increasing output
, service and safety awards, special prizes, and for consumer promotions. Corporate clients can purchase special occasion American Express Gift Cards through the website, and custom American Express Rewards Cards and other prepaid cards are available through AEIS.

"Our corporate and small business customers tell us that convenience is an important factor when making bulk gift card purchases, and we know corporate buyers want to make these purchases online," said Alpesh Chokshi, Senior Vice President and General Manager, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , American Express Travelers Cheques and Prepaid Services. "Whether to reward employees or promote products and services, companies are increasingly offering gift cards because of their popularity among recipients, flexible redemption options, and ease of administration."

The overall market for gift cards is projected to grow to nearly $88 billion in 2008, with the fastest growth occurring in corporate purchases of gift cards for employees and customers, and in "open" gift cards -- like the American Express Gift Card that can be redeemed at multiple merchants, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 The Mercator Advisory Group, an independent research and advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 firm exclusively focused on the payments industry. Corporate purchases will rise 72% from 2005 to 2008, growing from $9 billion to $15.5 billion. Open gift card sales are expected to almost quadruple quad·ru·ple  
adj.
1. Consisting of four parts or members.

2. Four times as much in size, strength, number, or amount.

3. Music Having four beats to the measure.

n.
 from 2005 to 2008, growing from $1.3 billion to $5 billion, according to Mercator.

American Express Gift Cards are accepted at millions of U.S. retailers and merchants that welcome the American Express Card**, and corporations and small businesses can purchase them at tens of thousands of locations, including banks, shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into , supermarket and drug store chains, American Express Travel Service offices, and online. Other benefits of American Express Gift Cards include funds that never expire, and the ability to replace funds if the card is lost or stolen. For more information, visit http://www.americanexpress.com/gift.

To encourage corporations and small businesses to use the "Gifting Solutions for Business" website, American Express is offering a promotional purchase price of $2.95 per card through December 3, 2006, to online customers using the promotional code 98AB3O3X at the time of purchase. Standard shipping charges apply.

About American Express

American Express Company (www.americanexpress.com) is a leading global payments, network and travel company founded in 1850.

American Express is a leader in consumer prepaid products. In addition to the 115-year old American Express Travelers Cheque - the preeminent pre·em·i·nent or pre-em·i·nent  
adj.
Superior to or notable above all others; outstanding. See Synonyms at dominant, noted.



[Middle English, from Latin prae
 brand welcomed worldwide - the Company issues other prepaid products including the Travelers Cheque Card cheque card
Noun

Brit a plastic card issued by a bank guaranteeing payment of a customer's cheques

cheque card n (BRIT) → tarjeta de identificación bancaria 
, Cheques for Two, Gift Cards, Gift Cheques, and a range of corporate incentive prepaid products through American Express Incentive Services.

About AEIS

AEIS, headquartered in Fenton, Mo., provides business-to-business reward solutions including prepaid cards, American Express[R] Gift Cheques and a Web-based reward management tool. Its products address a broad array of applications such as employee reward and recognition, sales incentives and consumer promotions while helping clients drive consumer and employee behaviors, build loyalty and increase brand awareness. For more information, please contact Bridget Westhoff, PR Manager, at (636) 226-2039, or bridget.westhoff@aeis.com.

* Subject to corporate and purchaser information required at the time of purchase.

** Terms and conditions apply to gift cards. Not for use at car rental, cruise lines
See also List of ferry operators
This is a list of cruise lines, companies that operate cruise ships.
Name Headquarters
A'rosa Europe
NCL America America
AIDA Cruises Europe
American Cruise Lines America
, casinos or ATMs.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 24, 2006
Words:729
Previous Article:Progress Apama Event Processing Platform Cited as Market Leader by Independent Research Firm.
Next Article:Leading Scandinavian Construction and Real Estate Firm Calculates It Will Save Millions of Dollars with Help of StreamServe EDP.(Company overview)
Topics:



Related Articles
American Express Creates Membership Rewards: Loyalty Program Combining Travel, Retail & Food; Bonus Promotion Starts November 1 -- Double Points.
Credit card and payment solutions: new benefits for Latin businesses and consumers.
American Express: new services save money and time.(Credit Card Strategies For Success)(Advertisement)
PLASTIC BETTER THAN PAPER POPULAR GIFT CARDS OFFER VARIETY, CHOICE.(Business)
Roots Unveils Ernex-Powered Gift Card Program.(Company overview)
Branded Gift Cards Explode in Popularity: One in Five Consumers Plans to Purchase Branded Gift Cards This Holiday Season.
Gift Cards Rival Apparel as Gift of Choice This Holiday Season, Says 2006 American Express Gift Card Survey.
THE GIVE (AND TAKE) OF CARDS.(Business)(The most popular gift of the season can carry some hidden costs)
Citibank Offers the American Express Gift Card.
American Express Launches New Special Occasion Gift Cards to Answer Increasing Demand of Year-Round Gifting.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles