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Giftify, Inc.'s CardCash Platform Offers Relief on Grocery Bills as Egg Prices Soar in 2025
Newsfilter· 2025-03-18 12:30
Discounted Gift Cards Offer Relief as Restaurants and Retailers Adjust to Rising Food Costs SCHAUMBURG, IL, March 18, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today highlights how its gift card marketplace is helping consumers combat record-high egg prices and increasing food costs throughout the grocery and restaurant sectors using discounted gift cards. With egg pric ...
Giftify, Inc.’s CardCash Platform Offers Relief on Grocery Bills as Egg Prices Soar in 2025
Globenewswire· 2025-03-18 12:30
Discounted Gift Cards Offer Relief as Restaurants and Retailers Adjust to Rising Food Costs SCHAUMBURG, IL, March 18, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today highlights how its gift card marketplace is helping consumers combat record-high egg prices and increasing food costs throughout the grocery and restaurant sectors using discounted gift cards. With egg pri ...
Giftify, Inc. Reports Surge in Pharmacy Retailer Gift Card Demand Following GLP-1 Medication Savings Initiative
Globenewswire· 2025-03-12 12:30
Record Inventory Increase Meets Growing Consumer Demand for Healthcare Cost-Saving Solutions Surge Driven by Ozempic and Zepbound Prescription Savings Opportunities Combined with Seasonal Health Product Purchases SCHAUMBURG, IL, March 12, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced a significant increase in gift card sales following its announcement of a ...
Giftify, Inc. Launches Sports Ticket & Merchandise Savings Platform as Fan Expenses Surge
Globenewswire· 2025-03-05 13:30
Core Insights - Giftify, Inc. is expanding its CardCash.com platform into the sports retail sector to provide cost-saving solutions for consumers ahead of the 2025 MLB season [1][5] - The average cost for a family of four to attend a baseball game has risen to $152, with premium seats increasing by up to 38.8% [2] - CardCash.com offers discounted gift cards from major retailers, allowing families to save on tickets and merchandise, with potential savings of 10-20% [3][4] Group 1: Company Strategy - The expansion into the sports retail sector is part of the company's strategic growth initiative for 2025 [1] - The platform allows consumers to purchase discounted gift cards and monetize unused gift cards, creating a financial ecosystem for sports fans [4][5] - The initiative aims to engage consumers in high-frequency spending categories, enhancing recurring engagement with the platform [5] Group 2: Market Context - Rising ticket prices are prompting fans to seek savings, with the average cost of attending a game significantly increasing [2] - Families can save over $30 on tickets by using discounted gift cards purchased through CardCash.com [3] - The company encourages fans to exchange unused gift cards for cash or store credit, promoting a culture of maximizing value from existing resources [4][5]
Giftify, Inc. Launches Sports Ticket & Merchandise Savings Platform as Fan Expenses Surge
Newsfilter· 2025-03-05 13:30
Core Insights - Giftify, Inc. is expanding its CardCash.com platform into the sports retail sector to provide cost-saving solutions for consumers ahead of the 2025 MLB season [1][5] - The average cost for a family of four to attend a baseball game has risen to $152, with premium seats increasing by up to 38.8% [2][3] - CardCash.com offers discounted gift cards from major retailers, allowing families to save 10-20% on tickets and merchandise [4][5] Company Strategy - The initiative aims to help sports fans save on tickets, apparel, and game-day essentials, aligning with the company's strategic growth for 2025 [1][5] - The platform allows users to monetize unused gift cards, creating a financial ecosystem for sports enthusiasts [4][5] - The CEO emphasizes the importance of utilizing old gift cards to enhance the fan experience at ballparks [5] Market Context - Rising ticket prices are prompting fans to seek savings without sacrificing their enjoyment of the sport [4] - The company positions itself as a leader in the incentives and rewards industry, focusing on high-frequency consumer spending categories [5][6]
Giftify, Inc. Announces Smart Savings Solution for Popular GLP-1 Diabetes and Weight Loss Medications
Globenewswire· 2025-02-20 13:30
Core Insights - CardCash.com, owned by Giftify, Inc., is introducing cost-effective solutions for high-demand GLP-1 weight loss medications, addressing the growing prescription drug market [1][6][7] Group 1: Company Initiatives - CardCash.com is leveraging discounted pharmacy gift cards from major retailers like CVS and Walgreens to help consumers manage rising out-of-pocket expenses for GLP-1 medications [2][5] - The initiative aligns with national efforts to improve healthcare affordability, contributing to the dialogue on making essential medications more accessible [3][6] - The platform allows users to combine discounted gift cards with manufacturer savings programs and prescription discount services, enhancing overall savings [5][6] Group 2: Market Demand and Consumer Feedback - There is a growing market demand for GLP-1 medications such as Ozempic, Mounjaro, and Wegovy, which presents a significant opportunity for CardCash.com [6][7] - Consumer feedback indicates positive financial impacts, with users reporting savings on medications purchased through the platform [4][6] Group 3: Strategic Focus - The initiative reflects Giftify's strategic focus on expanding digital savings platforms into high-growth consumer markets, particularly in healthcare [7]
Giftify Deploys Enterprise AI Solutions Driving Operational Excellence and Innovation
Globenewswire· 2025-02-13 13:30
Core Insights - The company has successfully implemented enterprise-wide AI solutions, resulting in significant operational efficiencies and cost reductions, while laying a foundation for enhanced customer engagement and sustainable growth [1][2] Group 1: AI Implementation and Results - The marketing and sales teams have utilized advanced AI models to optimize email and social media campaigns, leading to improved ROI and reduced operational costs [2] - AI-driven sales outreach has enhanced customer relationship management, resulting in increased conversion rates and improved operational efficiency [2] - The proprietary AI-powered customer service platform has achieved a 40% reduction in response times and a 20% decrease in support-related email volume, along with measurable improvements in customer satisfaction metrics and enhanced team productivity [6] Group 2: Company Overview - Giftify, Inc. is a leader in the incentives and rewards industry, operating platforms such as CardCash.com and Restaurant.com, which connect consumers with dining, retail, and entertainment deals [3] - CardCash.com serves as a secondary gift card exchange platform, while Restaurant.com is the largest restaurant-focused digital deals brand in the nation, offering thousands of options at over 184,000 restaurants and retailers [3]
Giftify, Inc. Cancels Equity Line of Credit
Newsfilter· 2025-02-05 13:30
Core Viewpoint - Giftify, Inc. has announced the cancellation of its equity line of credit (ELOC) and the termination of a common stock purchase agreement with an institutional investor, reflecting a strategic decision in its financial management [1][2]. Company Overview - Giftify, Inc. operates leading digital platforms, CardCash.com and Restaurant.com, focusing on incentives and rewards in retail, dining, and entertainment experiences [3]. - CardCash.com serves as a secondary gift card exchange platform, enabling consumers and retailers to buy and sell gift cards [3]. - Restaurant.com is recognized as the largest restaurant-focused digital deals brand in the U.S., connecting consumers with thousands of dining, retail, and entertainment deals across over 184,000 locations [3]. Financial Decisions - The company entered into a common stock purchase agreement on December 16, 2024, allowing it to sell up to $10,000,000 of newly issued shares, which has now been mutually terminated as of February 4, 2025 [2].
Giftify, Inc. Highlights 2025 Strategic Growth Initiatives for Restaurant.com
Globenewswire· 2025-01-21 13:00
Core Insights - Giftify, Inc. is focusing on strategic growth initiatives for Restaurant.com, aiming to enhance shareholder value and re-activate its user base [1][2] - The Corporate Incentives division is a key area for expansion, with plans to hire additional sales and marketing personnel to drive growth [2][6] Company Overview - Giftify, Inc. operates digital platforms CardCash.com and Restaurant.com, specializing in incentives and rewards in retail, dining, and entertainment [3] - Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering deals at over 184,000 restaurants and retailers [2][3] Strategic Growth Initiatives - The company aims to re-activate its past registered users, which numbered around 10 million during its peak [2] - Plans include expanding the Corporate Incentives segment, which has already shown success through various campaigns [2][6] - Additional strategies involve enhancing user engagement through personalized deal recommendations and increasing activity among existing restaurants on the platform [6]
Giftify, Inc. Plans for Accelerated Growth for CardCash in 2025
Globenewswire· 2025-01-16 13:00
Core Insights - Giftify, Inc. aims to enhance revenue by increasing the number of participating retailers, users, and transactions on its CardCash platform [1][3] Strategic Growth Initiatives - The company has identified several strategic priorities to accelerate growth at CardCash, including expanding the retail merchant network through new partnerships and cross-selling partnerships with other consumer platforms [2][6] - The launch of innovative offerings and the ability to sell gift cards through the app are also key initiatives [6] - Enhancing user engagement through data, artificial intelligence, and personalized deal recommendations is a focus area [6] Fraud Prevention - CardCash's proprietary online fraud prevention tool, FraudFix, is critical for combating fraud risks, analyzing transactions in under one second using over 165 parameters [2][6] Company Overview - Giftify, Inc. operates CardCash.com, a leading secondary gift card exchange platform, and Restaurant.com, the largest restaurant-focused digital deals brand in the U.S. [4] - The company connects digital consumers with businesses, offering thousands of dining, retail, and entertainment deals nationwide [4]