Giftify, Inc. Plans for Accelerated Growth for CardCash in 2025
16 Januar 2025 - 2:00PM
Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and
operator of leading digital platforms, CardCash.com and
Restaurant.com, with a focus on incentives and rewards in retail,
dining and entertainment experiences, is pleased to provide the
following strategic growth initiatives for CardCash.
CardCash.com is a leading secondary gift card
exchange platform, allowing consumers and retailers to realize
value by buying and selling gift cards at various scales.
Giftify has identified the following strategic
priorities to accelerate growth at CardCash and enhance shareholder
value:
- Accelerate platform synergies
between CardCash.com and Restaurant.com
- Expand retail merchant network
through new business partnerships
- Cross-sell partnerships with other
consumer platforms to increase users
- Launch innovative offerings to
attract new users
- Ramp outreach to existing users in
order to increase activity and value per transaction
- Initiate refer a friend capability
and rewards
- Add ability to sell gift cards
through the app versus website only
- Utilize social media to increase
visibility and drive new user registrations
-
Enhance user engagement via data, artificial intelligence and
personalized deal recommendations
-
Scale transaction volume with optimized purchase funnels
-
Elevate average user spend through premium offerings
-
Launch complementary services
-
License opportunities for white label exchanges and FraudFix
FraudFix is CardCash’s proprietary online fraud
prevention tool, which is critical to combat high fraud risk and
scams. FraudFix automatically responds in under one second, uses
over 165 parameters, and cross checks to analyze a single
transaction and determine authenticity of card balances Automatic
rejections or acceptance cover most levels, some may be flagged to
be manually reviewed by the customer.
Ketan Thakker, Chief Executive Officer of
Giftify, Inc., commented, “2024 was all about strengthening the
CardCash platform and improving efficiencies, and our success has
been demonstrated in our operating and financial results
year-to-date. Our team has a wide range of strategies and is
confident in its abilities to accelerate CardCash’s growth in 2025.
Going forward we are focused on driving revenue growth by
increasing the number of retailers, registered users, active users
and transactions on CardCash.”
About Giftify, Inc.
Giftify, Inc. is a pioneer in the incentive and
rewards industry with a focus on retail, dining & entertainment
experiences, as the owner and operator of leading digital
platforms, CardCash.com and Restaurant.com. CardCash.com is a
leading secondary gift card exchange platform, allowing consumers
and retailers to realize value by buying and selling gift cards at
various scales. Its Restaurant.com is the nation’s largest
restaurant-focused digital deals brand. Restaurant.com and our
Corporate Incentives division connect digital consumers, businesses
and communities offering thousands of dining, retail and
entertainment deals options nationwide at over 184,000 restaurants
and retailers. Restaurant.com prides itself on offering the best
deal, every meal. Our gift cards and restaurant certificates allow
customers to save at thousands of restaurants across the country
with just a few clicks.
For more information, visit: www.giftifyinc.com
and www.cardcash.com and https://www.restaurant.com.
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any forward-looking statements are not guarantees of future
performance and actual results or developments may differ
materially from those projected. The forward-looking statements in
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statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Although RDE, Inc. believes the expectations
reflected in any forward-looking statements are based on reasonable
assumptions, RDE, Inc. is unable to give any assurance that its
expectations will be attained. Factors that could cause actual
results to differ materially from expectations include the
company’s ability identify a suitable business model for the
corporation.
Investors Contacts:
IR@giftifyinc.com
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