Presend Nordic AB

PRESEND City Center Card reaches milestone

Press release   •   Jul 06, 2017 08:15 UTC

PRESEND Nordic AB asserts its position as the Nordic market leader in city and town gift cards with the signing of its 50th city and town center program in Norrtälje, Sweden.

CBS City, a reseller to PRESEND Nordic specialized in city and town center marketing, explains the City Center Card’s success. “The towns and cities have embraced the gift card as a tool for promoting local trade and a vibrant city center,” says Håkan Hult, Administrator at CBS City. “We are seeing widespread adoption with town cards being used for more purposes than consumer gifting and business incentives. Town cards are used as welcome gifts to new residents and students, rewards for blood donors, and charity donations. It is ultimately about supporting the local community.”

“For consumers, businesses and municipalities alike, the City Center Card offers flexibility and a means to support the community and local trade,” says Jon Sederqvist Østmoe, CEO at PRESEND Nordic. “We are delighted that an increasing number of towns and cities have placed their faith in us and our partners. The program has been a huge success in Scandinavia, and we are experiencing increased demand in other markets.”

The PRESEND City Centre Card won a special commendation at the 2014 Global Prepaid Awards. The City Centre card helps promote local trade and drive footfall to city and town centers, including small and independent businesses. Card acceptance is restricted to the businesses chosen by the city or town organization joining the program, and the card is branded with their logo.

About Presend Nordic AB

Presend Nordic AB offers simple, secure and flexible Visa/MasterCard prepaid cards throughout Europe. Our solutions can be used for gift cards, promotions, insurance claims, travel currency, and in other areas. We offer both prepaid cards redeemable at any business that accepts Visa/MasterCard, as well as cards with acceptance limited to a specific group of merchants.

Presend Nordic AB is a subsidiary of Retain24 Sverige AB, the Nordic region's leading gift card processor.

PRESS CONTACT

L-G Haedge
Head of Marketing

E-post: lg.haedge@retain24.com
Tel: + 46 8 39 96 24