Within four weeks our team was able to successfully get CardNow’s mobile app and ecommerce store fully integrated with our transaction guarantee and fraud elimination platform.
The company’s current transaction approval rate is running above 90%, which covers a mix of both physical gift cards and eGift cards. Gift cards are notoriously high-risk, and the CardNow team has never seen approval rates climb above 90% in this sector, further illustrating the value of Vesta’s Payment Guarantee solution.
CardNow is a gift card retailer that sells ready-to-load gift cards for a variety of different stores and restaurants, which are often used by companies as rewards for employees. The gift cards are sold in a reusable box that customers can instantly reload via CardNow’s mobile app so they have the perfect gift whenever they need it.