Blog, India

What makes Qwikcilver the ‘Best Prepaid Giftcard Solution’ ?

We are excited to announce that Qwikcilver has been awarded the “Best Prepaid Gift Card Solution” by IAMAI at the 10th India Digital Awards. The award was meant for a retailer or company that has excelled in the field of prepaid cards, gift cards or vouchers, for use, either in-store or online.
India Digital Awards was founded in 2009 with the aim to celebrate organizations, teams, and practitioners who have surpassed landmarks and delivered successful business outcomes using digital as a medium. Today, IDA is the most esteemed accolade in India and a true symbol of digital excellence.
We are honored to receive not just this prestigious award but also the award for the ‘Best Tech for Retail’. Winning these awards was possible because Qwikcilver has been able to identify and provide future ready solutions for retailers and other businesses.

The start of a Gifting Revolution

Qwikcilver was founded in 2008 as a Giftcard (stored-value cards) technology company. We partnered with retailers to provide the backend technology for their gift cards, thereby allowing corporates and customers to purchase and redeem gift cards seamlessly through the brands’ online and offline platforms. Unlike other gift vouchers, which had to be redeemed on a different PoS (Point of Sales), we successfully integrated our technology with that of the software provider of the billing system used by the retailer.
The closed-loop and semi-closed-loop gift cards (that can be redeemed at one brand store and at multiple brand stores respectively) are either ‘powered by’ or ‘issued by’ Qwikcilver, depending on the brand’s requirement. “In the case of ‘powered by’, our role is that of a technology enabler and service provider. “In case of ‘issued by’, we are also legally the issuer of the card; using our RBI license to issue these cards.
Since then, Qwikcilver has revolutionized the gifting landscape with future-ready technology solutions and has built, ground up, a state-of-the-art Stored Value Platform exclusively for managing Prepaid gift cards for Merchants and Brands.
Our gift card management software uses the most advanced technology to create a gift card platform that is able to provide solutions such as personalized gift cards for businesses and the ease of selling gift cards online.
Our gift card processing software has harnessed the latest technology to enable seamless gift card processing and deliver effective gift card promotions.
Today, Qwikcilver powers Gift Cards and various other types of Programs for the entire whos-who of Retail and E-tail in the Indian Sub-continent – indeed, all the major retailers and E-Commerce players here are our clients. Notably, Shoppers Stop, Lifestyle, Croma,, Flipkart, Levi's, Makemytrip, Thomas Cook, Taj Hotels, Oberoi Hotels, Titan group – Tanshiq, World of Titan, Helios, Titan Eye+, Star Bazaar, Westside, Aditya Birla Group – More, Pantaloons, Madura Fashion & Lifestyle, Arvind Lifestyle Brands, Dominos among a host of others.
Qwikcilver is now leading the SaaS (Software as a Service) -Based Gift Card Processing & Distribution business with a presence across 3 continents and 16 countries and counting. We are currently managing over 1.1 + Billion transactions a year with 400 + Million cards issued annually. We are also managing 200 + brands/merchants across 15000 + POS integrations and has integrated with Leading POS solutions providers across the Globe.
Qwikcilver products are a complete suite of "Cloud-Based", "Pay-as-you-go" services and transaction management in the Stored-Value space, including seamless, multi-currency, multi-time-zone, multi-country capabilities. In short, Qwikcilver is the Omni-Channel Stored-Value Technology Solutions Specialist and with domain expertise. 

Leading the Way

• Advocating Gift Cards to Corporates & Consumers
While Qwikcilver’s forte and "core" is centered around the entire "Stored-Value Management" paradigm, we have, in response to our Brands/Retail Partners business needs, also forward integrated into a sales organization, taking the whole "Gift Card" concept to the market place, through our efforts in the B2B, B2B2C and B2C spaces through our innovations. We work with 500+ corporates and marketplaces like, Flipkart, Paytm, Airtel, Snapdeal to name a few. 
• Encouraging Consumer Gifting
To inculcate consumer gifting and to encourage B2C gifting Qwikcilver brought in www., which is India's largest integrated aggregator and online megamall of Gift Cards, e-Gift Cards, and Gift Vouchers. Group Gifting is another interesting feature on Woohoo.
• Thought Leadership Initiatives
The Qwikcilver Gift Card Conclave is Gift Card focused annual event, striving to advance the development of the Gift Card Eco-system in India & beyond.
The Gifting Carnival is a Gifting property that showcases an integrated gifting message across leading brands & merchants to consumers during festive seasons.
Over the past few years, the Gift Card industry has seen spectacular growth in India. This growth story is led by Qwikcilver which powers 9 out of 10 gift cards in India. Be a part of this growth story and unleash the power of gift cards for your business now!
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    About IAMAI

    The Internet & Mobile Association of India (IAMAI) is not-for-profit industry body registered under the Societies Registration Act, 1860. Its mandate is to expand and enhance the online and mobile value added services sectors. It is dedicated to presenting a unified voice of the businesses it represents to the government, investors, consumers and other stakeholders.

    About India Digital Awards

    Founded in 2009, with the aim to celebrate organizations, teams and practitioners who have surpassed landmarks and delivered successful business outcomes using digital as a medium. Today, IDA is the most esteemed accolade in India and a true symbol of digital excellence.