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Home My WebLink About09. Vail Community CardsY i f t e e C o m m u n i t y C a r d s : Growing Your Business with a 'Shop Local+' Program: Easy Tips and Tricks to Maximize the Local Economy. Your CommCard is redeemable only at the businesses you choose using our restricted- access-network technology. Keep Your Funds in Your City CommCards integrate seamlessly with all POS systems that accept MasterCard. Businesses opt in with a one-minute activation. Cards are purchased and distributed online. Set Up and Use in Minutes Channel funds into “rewards” programs that incentivize shopping local. Your funds become revenue for your local businesses. Facilitate Direct Investment Residents, visitors, businesses, schools, and other orgs all benefit. Use your CommCard as a gift, reward, or incentive to keep money flowing locally. Boost Your Whole Community Introducing the Discover Vail CommCard COMMUNITY CARD PROGRAMS 800+ PARTICIPATING MERCHANTS 20,000 Launched in 2012, now supporting: W h a t i s a C o m m u n i t y C a r d ? Redeem as a regular credit card via Tap-to-Pay. Or by manual entry if Tap-to-Pay is unavailable. Get paid same day with all of your other credit card settlements. Fully Digital eGift Card Businesses pay nothing to join the program or operate on the program. Merchants get the full value of all gift cards redeemed, minus their normal credit card processing fees. Zero Cost Only invited local merchants, are able to redeem community cards, creating a unique opportunity for small businesses to boost revenue without big box retailer competition! Exclusive Participants Participating as a redeeming merchant requires absolutely NO special equipment or integration. This program works with any POS system that can accept MasterCard transactions. Easy to Implement P e r k s o f P a r t i c i p a t i n g BOGO promotions, bulk purchases, and innovative uses on the program result in extra revenue for participants you’d have never seen otherwise. Becoming an organization who cares about the community does wonders in cultivating support from local residents. Increased Sales / Revenue Visibility + Positive Brand Image We average a 30% overspend on Community Cards. This means while we can show you your redemptions, you can expect an untracked 30% extra boost in your revenue. Collect on Untracked Sales We’ve found 51% of our cardholders try new businesses they’ve never been to. Your simple participation in the program equates to new customers visiting you! Regular engagement with your customers through the program helps build loyalty by encouraging repeat business through promotions and other tangible benefits. Broaden Customer Base Build Consumer Loyatly Shop Local programs strengthen community ties and can be part of other innovative initiatives, such as food insecurity programs and more. Stronger Community Connection J o i n i n g a P r o g r a m Invited Merchants will receive an Activation Card which allows Yiftee to restrict the cards to only work at the local merchants in the program. The card comes with instructions to activate the system. By doing so, merchant is OPTING IN to the program and agreeing to the merchant agreement. Request an additional activation card for each location as well as to enroll any additional POS systems (with different IDs) the business uses. Once completed, the activation card balance will reflect a $0.00 balance if enrolled correctly. Within a few hours the business will be listed on the community card page map. Locate Activation Card Manually Enter Card Info Rinse & Repeat Locate On Sales Page Tap-To-Pay (Tokenized Cards Stored in Digital Wallet) Manual Entry (Digital Cards & Printed Vouchers) The cardholder can simply tap their phone or smart watch after selecting their Community Card to pay for that order. If the card does not cover the entirety of the transaction, split the transaction into two and accept another form of payment for the remainder. You’re paid out the same day, the same way you would be with all of your other credit card transactions. Confirm the card balance. (Digital cards show the real-time balance of the card. The printed voucher has a QR code to access the balance.) If the voucher is less than the transaction amount, run the card for its balance first, then accept another form of payment. Do not run the card for more than its balance. Manually enter the card’s information, do not use for tips unless it’s preauthorized. You’re paid out the same day, the same way you would be with all of your other credit card transactions. Tap-To-Pay (Tokenized Cards Stored In Digital Wallets) Manual Entry (Digital Cards or Printed Vouchers) R e d e e m i n g C o m m u n i t y C a r d s R e d e e m i n g C o m m u n i t y C a r d s Manual EntryTap-To-Pay Discover Vail Community Card Investment Multiplier: “Bonus Cards," funded by the city, provide matching funds to consumers who choose to support local businesses. The city’s investment is often tripled or more by driving consumer spending. Limited Risk: The City can decide upon an expiration date for bonus cards, to make sure those funds are in circulation quickly and recoup unspent funds. Top-Notch Economic Development Support: All marketing and strategic support for the program is provided free. The program is set up for success from Day 1, which is why several programs have won national economic development awards for their impact. T h e “B O G O ” R e w a r d s F u n c t i o n h a s b e e n u s e d i n o v e r 7 0 0 p r o g r a m s a c r o s s t h e c o u n t y f o r i t s g u a r a n t e e d r e s u l t s a s a n E c o n o m i c D e v e l o p m e n t T o o l . Nationally Acclaimed “BOGO” Rewards Programs 1 INDIVIDUAL PURCHASERS CommCards are used for birthdays, holidays, and special occasions, keeping money local while allowing recipients flexibility in where to spend. 2 BULK PURCHASERS Large employers, governments, schools, hospitals, and tourism organizations use CommCards to reward employees, engage clients, and attract visitors while keeping dollars within the community. Bulk buyers also enjoy perks like waived fees and purchase support. 3 ASSISTANCE PROGRAMS CommCards help programs focused on disaster recovery, food insecurity, homelessness, and youth services by ensuring aid is spent only at approved local businesses, increasing efficiency and community impact. 4 EQUITABLE SPENDING PROGRAMS Cards can be customized to support specific businesses, such as Black- or women-owned establishments, helping organizations drive economic equity while circulating funds locally. Local Shopping All Year Through our own studies, we’ve found that 51% of cardholders try new businesses they’ve never been to before. In addition to the spend on Community Cards, cardholders are expected to redeem an average of 30% more than the value of their card. Funds spent at local businesses recycle 7 times on average throughout the local community. CARDHOLDERS TRY NEW PLACES RECIRCULATION RATE AVERAGE OVERSPEND BY CARDHOLDERS 51% 30%7X New Foot Traffic, New Habits In addition to measurable metrics, the program also generates valuable outcomes that contribute to long-term growth. Thanks! For more info contact us at: sales@yiftee.com