Multi-channel payments and retail services provider, PayPoint, has doubled retailer partner commission on Love2shop gift card sales and revealed new display units.
Retailers can now earn 10% on each physical gift card sold. With £32 being the average gift card value for consumers to purchase, this will earn retailers £3.20 on the sale.
The boost in commission comes at the same time as a newly designed gift card.
PayPoint retailers can also earn 1% commission on digital gift vouchers for a wide range of brands including: Amazon, Deliveroo, Google Play, PaysafeCard, Neosurf, Netflix, Nintendo, PlayStation, Roblox, Uber, Uber Eats and Xbox.
The firm is also launching new display units for Love2shop gift cards which will help make the offering clear for customers, as well as support on staff training, signage, and optimising Point of Sale.
Anthony Sappor, Retail Proposition and Partnerships Director at PayPoint, said: “We are always looking at ways to further support our retailer partner’s opportunities to earn, and drive footfall to grow profitability. We hope that the doubling of commission on Love2shop gift cards provides an extra boost and incentive to promote the gifting option to customers and reward retailers accordingly.
“We know that our retailer stores provide the perfect solution for many services including banking and parcel offerings, and now we can support them with the demand we’re seeing for more gift and special occasion services too.”
