(Jan. 12, 2007 ) Almost Half of Recipients Use Cards within a Month and Spend More Than Card’s Value Washington, DC, January 23, 2007 - Though the holiday season officially ended several weeks ago, retailers continue to see consumers hitting the stores to spend gift cards. According to an NRF survey, conducted by BIGresearch, consumers have plenty left to spend: shoppers said they had spent less than half of the value of their gift cards (37.3% on average) by the second week in January.
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(MILWAUKEE, Jan. 12, 2007 ) Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced the acquisition Valutec Card Solutions, Inc., of Franklin, Tenn. The company will continue to operate under the Valutec name, and will become a Metavante company.
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(December 14, 2006) As their popularity continues to rise, retailers can expect to see a surge in gift card sales this holiday season. The fourth annual National Retail Federation (NRF) Gift Card Survey, conducted by BIGresearch, found that gift card sales will total $24.81 billion this holiday season, an impressive $6 billion increase over 2005 when gift card sales hit $18.48 billion.
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(September 26, 2006) Hypercom Corporation (NYSE: HYC) and Valutec Card Solutions today announced the Class A certification of Valutec’s market-leading gift and loyalty card products on Hypercom’s high-speed multi-application Optimum T4100 payment terminal.
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(August 22, 2006) Valutec Card Solutions, Inc., a leading provider of turnkey gift and loyalty card services, and Shift4, a leading developer of enterprise payment solutions, today announce a certified, high-speed connection.[ more... ]

(May 22, 2006) PointPay USA today announced the completion of the certification of its OmeroX Lite terminal with Valutec Card Solutions, Inc., a leading provider of turnkey gift and loyalty programs.[ more... ]

Sherman Oaks, CA (January 6, 2006) – CreditCard Transactions Inc. is excited to announce that it has partnered with Valutec, a leader in the gift and loyalty card market, to offer turnkey gift and loyalty card products to merchants across the country.[ more... ]

Coral Springs, FL (January 31, 2006) -SLIM CD, INC, a software developer and service provider, announces certification of its software on the Valutec gift and loyalty platform. This certification allows merchants to issue and accept Valutecís gift and loyalty cards at their locations. [ more... ]

Almost Half of Recipients Use Cards within a Month and Spend More Than Card’s Value Shoppers short on ideas for holiday presents are choosing gift cards to solve their shopping dilemmas, according to results of a recent Accenture survey of more than 500 U.S. consumers. [ more... ]

20th Anniversary Deloitte Annual Holiday Mood Survey Shows Consumers More Focused on Philanthropic Giving Than Holiday Entertaining Positive Holiday Shopping Outlook; Spending on Gifts Down Slightly Despite predictions by many of a gloomy holiday season for retailers, 68 percent of households surveyed said they plan to spend the same or more during this holiday season compared to last year. These survey findings support Deloitte’s expectation that non-auto holiday sales will increase 6-6.5 percent during the November-to-January period, less than last year’s exceptional 8.6 percent increase, but still above the last decade’s average growth rate. [ more... ]

Shoppers Report Less Stress, Fewer Store Visits, and a New View of Gift Giving; Plan To Spend $339 on Gift Cards and $679 on Additional Gift Items

Gift cards are changing both gift-getting and giving, according to an American Express® Gift Card survey released today. Virtually all those surveyed (92%) agree that gift cards have altered how they shop.
Gift card purchasers say that they expect to visit fewer stores (62%), purchase less actual merchandise as gifts (60%), and shop more online (28%). In addition, they plan to finish shopping faster and with less stress (74%).
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As Popularity Increases Consumers to Spend a Total of $18.48 Billion on Gift Cards this Holiday.

Washington, DC, November 17, 2005—With gift cards ranking third on consumers’ wish lists this year, there is no sign that the craze is slowing down, according to the findings of the latest National Retail Federation (NRF) survey. The third annual NRF Gift Card Survey, conducted by BIGresearch, found that gift card sales will total $18.48 billion this holiday season, a 6.6 percent increase over 2004, when holiday gift card sales hit $17.34 billion. The average consumer will spend $88.03 on gift cards this holiday season, 15.6 percent of their holiday gift budget. [ more... ]

Franklin, TN, July 6, 2005- Valutec Card Solutions, Inc. today announced global functionality with the Microsoft Retail Management System (RMS). Now retailers operating RMS can select Valutec as their gift card provider with the assurance that the cards will work across their entire chain. [ more... ]