When it comes to sending presents to employees for rewards, recognition and appreciation, gift cards check all the boxes. Because everyone loves getting gift cards, they are extremely motivating! First, they are handy gifts for staff members who prefer to shop online. Second, they are perfect for in-store purchases because they display barcodes and/or gift card codes from any mobile device. From a corporate operations and logistics standpoint, there’s no easier solution. Purchasing and sending from the eGifter Rewards Platform or Gift Card API is the ultimate way for busy managers to spend less time and effort on corporate gifts. After reading these tips on sourcing virtual gift cards for employees, contact us for details or the eGifter Rewards platform. Get started today.

Tips On Sourcing Gift Cards for Employee Incentives

Two types of gift cards for employees

  • Open Loop Gift Cards Like Visa eReward

Open-Loop gift cards are perfect for buying everyday items anywhere Visa debit cards are accepted. The Open Loop classification includes Mastercard Brand Mark cards, Visa gift vouchers, Visa Virtual Gift Cards, Vanilla Visa and other prepaid debit cards. You can recognize these from the offers you may receive from banks and credit card issuers. Openloop Visa eReward gift cards are extremely flexible and perceived as a great gift by both corporate purchasing agents and by employees.

  • Gift Cards With A Closed Loop

Alternatively, closed-loop gift cards are retailer specific and can only be used at the store, shop or restaurant of the logo displayed on the gift card. Some examples are Home Depot gift cards, Macy’s gift cards, Apple gift cards and REI gift cards. For recipients, there are no activation fees and once claimed, gift cards do not expire. 

How to buy a gift card with the best delivery options

It’s easy. Just register for an account at eGifterRewards.com. There are no contracts and no minimum order requirements. Here are some of the features that will make your job easier and your employees happier:

  • Send individual cards or purchase gift cards in bulk quantities
  • Web-based platform with permission based access and approval mechanism
    • Custom branding with your company logo and colors
    • Personal messages for each recipient
    • Deliver digital gift cards by text or email
    • Send physical plastic gift cards to employees off-site
  • HRIS Integration or API Integration
    • Connect to your existing rewards platform
  • Powerful capabilities you expect and require
    • Flexible ways to fund your spending account (ACH, Wire or Credit Card)
    • Comprehensive Reporting
    • Budget Control
    • Secure Two-factor Authentication and Domain Restriction

Long story short, when you buy gift cards as incentives for your employees, you’re purchasing much more than a Thank You. What you’re really doing is building loyalty, productivity and growth and retention.