October 2019

OCTOBER 2019 NEWSLETTER
It’s October already! With so much happening for us, time has flown by quickly. After a successful Gift Card Conclave in Singapore last month, we are thrilled about many exciting launches this month, in our markets across Middle east & South East Asia. And the best part, the festive season is here and we can’t wait to share our joy with you. So we’re bringing back a much bigger and better Gifting Carnival!

The Gifting Carnival

For the love of Diyas, Sweets and Gifts!

Festivities is in the air! Who doesn’t love this time of the year, with lots of shopping to do, delicious food to binge on and the getting memorable gifts for your loved ones. This Diwali, we have a gift for you too- “The Gifting Carnival” is back with a bang! We had launched the first ever “Gifting Carnival” in August this year, on the occasion of Rakshabandhan, and after receiving an overwhelming response, we decided to bring it back on Diwali. Diwali is the festival of lights, now its time for you to light up someone’s life with the best gift you can give- the freedom to choose their own gift! “The Gifting Carnival” will see India’s most popular brands coming together under one roof to give you exclusive offers on their gift cards. You’ll have plenty of categories to choose from, a food card for your foodie brother, a travel card for a friend who’s a travel freak and a jewelry card for that special someone. Happy Diwali, everyone!

Gift Card Launches

It’s a movie date!

Now this is a proud moment for us. We’ve recently opened up office in Singapore with a strong belief that there is a huge opportunity of gift card business in South East Asia. Taking a step forward in our endeavor to revolutionize the gift card industry in the region, we have launched Gift Cards for the largest cinema exhibitor in Singapore with 14 cinemas and 113 screens, the Golden Village Cinemas. It is a unique program which included migration of their existing and successful gift card program from NETS platform to Qwikcilver. This is a big win for us in a new category in South East Asia!
We have gone live with Golden Village's physical gift cards and would be launching the digital variants over the next quarter. Happy to share that we’ve already had around 300 transactions processed successfully since go-live!

All you need is FOOD..

…and a Food Court Program powered by Qwikcilver!
Scientific Games is a global leader in the gaming and lottery industries with the mission to empower their customers by creating the world’s best gaming and lottery experiences. They are headquartered in Las Vegas, Nevada with approximately 9,500 employees worldwide and they serve their customers from manufacturing, printing, and commercial facilities on six continents.
Scientific Games, India has launched its Food Court Program for managing the company’s subsidy and cash & carry transactions. This program is powered by Qwikcilver through the food aggregator GiveMe5 (Green Enterprise) and is likely to cater around 1000 employees at Scientific Games.

Check, Earn, Recharge

And now Gift Card!
True Balance is a South Korean start up’s app that has been in India since 2014 It started as a simple app that helped people check and recharge their mobile balance with ease. After quickly rising to popularity, it has now expanded to serve as a digital wallet providing other financial services as well. True Balance has more than 60 million registered users in India with a huge presence in Tier-2 and Tier-3 cities
We are proud to announce the launch of our Gift card store on True Balance. The digital gift card store is powered by our QwikGiftAPI, which enables True Balance to set up the store seamlessly and instantaneously. This means that the users can purchase the gift cards instantly, anywhere.

The Gift Card Conclave

The Gift Card Conclave, Singapore 2019 creates a buzz!

The first-ever Gift Card Conclave in Singapore, that was hosted by Qwikcilver, got featured in the news. The Conclave was attended by senior representatives across renowned brands such as Grab, NETS, Capitaland to name a few. It was a successful and enriching event with meaningful insights on the gift card industry trends in Singapore and rest of South East Asia. The news article also mentions the release of our Whitepaper Edition 4 2019 titled ‘Gift Cards: The Grow-More Effect’

In the Media

Gift Card sales grow by 300% on Snapdeal!

The Hindu reported that Snapdeal has witnessed a surge in the sale of Digital Gift Cards during this festive season. As compared to last year, there has been a 300% increase in the sale of these gifting options. Snapdeal reported that this growth spurt is coming majorly from the metro cities. One of the many reasons for the rise in popularity of the gift cards is the availability of gift cards in diverse categories and the exciting offers that many brands are giving on their gift cards.
You can read more about the article here

Gift Card Category Activities

MakeMyTrip makes a splash!
Promoting their Gift Cards and talking about them has been an activity that MakeMyTrip - a pioneer in India’s online travel industry, has been actively doing. Giving a fillip to the Gift Card category in India, MakeMyTrip had recently put out a full-page ad in India's largest daily - showcasing Gift Cards as a festive gifting option as well the exclusive offers on MakeMyTrip Gift Cards.

Happy Woohoo Diwali!

Gift Card sales grow by 300% on Snapdeal!

Woohoo Diwali Series
To celebrate the festival of lights, a special range of E-gift cards called Woohoo Diwali Series were launched. Gifters can now choose from a range of 5 different Diwali themed gift cards and send them to their loved ones. As an interesting piece of trivia, we have had consumers from across 1300+ towns of India who have indulged on Woohoo for gifting to their near & dear ones this season. This does reflect well on the growing preference for Gift Cards.

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