The retail industry has had a real problem reconciling gift certificate programs. The process is often time-consuming and inefficient. Gift certificates are typically issued on pre-printed stock and are easily stolen and forged. The 3T Solution eliminates fraud and automatically reconciles the retailer’s gift certificate program electronically.
A considerable percentage of the gift certificates become abandoned property – historically 12 to 18 percent of total issued. By issuing and tracking their own gift certificates using automated software, retailers stand to gain sizeable profit in escheat service charge income.
Additional Secure Document Solutions from 3T
Learn more about other secure document solutions from 3T including money orders, remote payroll processing and vendor checks. For additional information, send us a message or call us at 1-800-366-5326 to speak with a sales representative.