West Coast Bank Gift Card Program Is Tailored for Small Businesses
16 August 2004 - 10:49PM
PR Newswire (US)
West Coast Bank Gift Card Program Is Tailored for Small Businesses
Merchant Gift Card Was Previously Affordable for Larger National
Retail Chains Only LAKE OSWEGO, Ore., Aug. 16
/PRNewswire-FirstCall/ -- West Coast Bank (NASDAQ:WCBO), in
partnership with First Data Merchant Services, now offers a cost
effective gift card solution for small business customers. The
popular plastic cards previously were affordable for larger
merchants only due to the high costs of design and implementation.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010816/SFTH016ALOGO )
West Coast Bank's program's technology uses most credit and debit
card terminals to process the cards, which eliminates new equipment
purchases. Clients can select from stock art cards or customize
their own design, which further reduces start-up costs. The program
also provides detailed daily and monthly reports, promotional
materials and 24-hour customer support. VP Corporate Loan Services
Manager Brian Devereux said, "Gift cards have surged in popularity
over the past couple of years and have proven to create value for
our clients by creating brand awareness and customer loyalty,
increasing sales and reducing fraud. Businesses are finding that
customers spend more for a gift card, return more frequently, and
reload value on a previously purchased card. On the return side,
it's also an efficient way to give in-store credit." West Coast
Bancorp, one of Oregon Business Magazine's 100 Best Companies to
Work For, is a Northwest bank holding company with $1.7 billion in
assets, operating 48 offices in Oregon and Washington. The company
combines the sophisticated products and expertise of larger banks
with the local decision making, market knowledge and customer
service of a community bank. For more information, visit the
Company web site at http://www.wcb.com/.
http://www.newscom.com/cgi-bin/prnh/20010816/SFTH016ALOGO
http://photoarchive.ap.org/ DATASOURCE: West Coast Bank CONTACT:
Brian Devereux, VP & Corporate Loan Services Manager of West
Coast Bank, +1-503-454-3312 Web site: http://www.wcb.com/
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