PLEASANTON, Calif. & AMSTERDAM--(BUSINESS WIRE)--Global branded payments provider Blackhawk Network (BHN) is expanding its relationship with European branded payments company Recharge.com to distribute gift cards digitally using BHN’s vast network of open and closed loop card brands in the US and Canada. The announcement builds on Recharge.com and BHN’s existing collaboration in Europe, boosting digital gift card options for consumers in North America.
“Gift and prepaid cards have become staples in the lives of consumers around the world, connecting shoppers with their favorite brands and allowing them to celebrate meaningful occasions with those they care about"
In the US and Canada, BHN will now offer leading e-gift and virtual prepaid card brands in Recharge.com’s digital marketplace. These will include merchant-specific gift cards, open-loop (gift cards that can be used anywhere the network is accepted), and BHN’s versatile multi-store e-gifts.
“Gift and prepaid cards have become staples in the lives of consumers around the world, connecting shoppers with their favourite brands and allowing them to celebrate meaningful occasions with those they care about,” said Steve Dekker, BHN managing director, Americas. “In an increasingly globalized world, enabling cross-border gifting and money movement is more important than ever. Additionally, preference for e-gifts and purchasing online is on the rise. Based on consumer research and our own sales data, there was double-digit growth in e-gift and e-commerce sales of gift cards in the most recent holiday season. We’re proud to grow our relationship with Recharge.com, which is innovating global delivery of digital gift and prepaid cards around the world.”
Recharge.com is a leading provider of branded prepaid cards, enabling consumers to purchase digital gift and prepaid cards in more than 180 countries and 14 languages. Recharge.com’s innovative global marketplace, a one-stop-shop for branded prepaid payments, enables consumers to easily give gifts across the globe. Recently referenced by Research and Markets as a leader of the European digital gift card market(1), Recharge.com is expanding its relationship with BHN to grow its market share in North America.
“We are excited to expand our footprint in the US and Canada with BHN, furthering our goal of global coverage and supporting even more customers and merchants,” said Günther Vogelpoel, CEO of Recharge.com. “BHN’s open and closed loop card brand network further enables us to meet increasing demands of customers throughout North America.”
---
About Blackhawk Network (BHN)
Blackhawk Network (BHN) is the leader in global branded payment technologies. We strengthen relationships between brands and their customers, employees, and partners by transforming transactions into connections. BHN’s portfolio includes: Gift Card & eGift products, promotions and distribution that grow revenue faster; Rewards & Incentives that build loyalty and acquisition and are integrated into today’s leading platforms; and Payments that enable businesses and customers to access and disburse funds in convenient and innovative ways. BHN’s network spans across the globe with over 400,000 consumer touchpoints. Learn more at BHN.com.
About Recharge
As a trailblazer in Europe's online prepaid payments, Recharge.com today operates in over 180 markets globally, processing millions of online transactions yearly. Our online platform offers a wide variety of digital vouchers and prepaid solutions from over 750 leading brands such as Apple, Google, PlayStation and Paysafe, along with cross-border call and data credit remittance services. Founded in 2010 and based in Amsterdam, Recharge.com has quickly grown into a thriving technology company, raising over $70 million in primary, secondary and debt transactions. Today, our platform serves more than 3 million users and processes over $500 million in payments annually. Learn more at company.recharge.com.
(1)“Europe Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2023 Update” was published by Research and Markets in 2023.
---
Contacts
MEDIA CONTACT BHN: Courtney Brunkow (303) 717-9575 courtney@fletchergroupllc.com
MEDIA CONTACT RECHARGE: Ross Cumming +31 (0) 6 4177 6003 press@recharge.com
