In This Article:
Leading Gift Card Solutions Provider Joins Forces with Issuance and Compliance Expert to Deliver Seamless Issuance and Enhanced Client Gift Card Management Professional Services
NEW YORK, April 17, 2025--(BUSINESS WIRE)--TDS Gift Cards, a division of Ziff Davis, Inc. (NASDAQ: ZD) — a leading provider of gift card growth solutions, is excited to announce a strategic alliance with Card Compliant, a leader in compliance for prepaid cards and payment instruments, aimed at providing a total gift card issuance and program management solution for merchants including high-growth online and app-based brands served by TDS. The venture with Card Compliant leverages the newly released CIMI Card platform of Card Compliant’s affiliate Card Issuance and Management, Inc. (CIMI) to transform the way brands manage, market, and grow their gift card programs while providing first-rate issuance services and gift card compliance with the ever-evolving regulatory standards.
This collaboration will empower mutual clients under the CIMI Card umbrella to leverage the expertise of both companies, offering a seamless, efficient, and comprehensive gift card issuance and program management solution that meets the demands of today’s complex and ever-changing regulatory landscape. The arrangement is poised to provide significant value to all brands that want to take advantage of the power of gift cards as part of their overall customer acquisition and user engagement strategies. By combining TDS Gift Cards’ over 15 years of strategic gift card growth management expertise and Card Compliant’s decades of compliance expertise, these clients will be able to streamline their internal operations and maximize the benefits and profitability of their fully managed branded gift card program, without all the work and with lowered risk.
Benefits of the Alliance for Mutual Clients
The strategic venture between TDS Gift Cards and Card Compliant and its CIMI Card is built on the shared goal of helping businesses create, market and enhance their gift card programs while addressing compliance with legal, regulatory and accounting requirements. Clients will benefit from the expertise and strengths of both companies, gaining access to a comprehensive, one-stop solution that simplifies both the operational and regulatory issuance and compliance aspects of running a successful gift card program.
Key benefits of the TDS Gift Cards and CIMI Card alliance include:
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Integrated Issuance, Compliance and Gift Card Growth Solutions: By integrating TDS Gift Cards’ gift card growth strategies and global processing platform with the CIMI Card issuance services and compliance expertise, all aspects of their mutual clients’ gift card programs are properly managed from a single, streamlined solution. This eliminates the need for clients to work with multiple vendors, saving time and money and reducing complexity.
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Reduced Compliance Risk: Compliance with unclaimed property and escheatment regulations is a critical concern for any business that offers gift cards. With the CIMI Card as the gift card program’s issuer, clients have a seasoned veteran to help them understand and comply with their regulatory obligations.
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Enhanced Customer Experience: TDS Gift Cards’ growth management platform enables clients to offer a seamless and user-friendly gift card experience to their customers, whether they’re purchasing cards in-store, online, or via mobile on the client’s website. This enhanced customer experience leads to increased new user acquisition and customer satisfaction and loyalty.
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Operational Efficiency: The combined solution of TDS Gift Cards and CIMI Card simplifies all the operational aspects of managing a gift card program, from issuance, distribution, sales, and redemptions to compliance reporting, remittances, accounting and sales support.
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Scalability for Growing Businesses: Aligning with and leveraging the combined expertise of TDS Gift Cards and CIMI Card makes it seamless for clients to scale their gift card programs as they grow, whether they’re expanding into new markets outside the U.S. or enhancing their product offerings. TDS Gift Cards and CIMI Card are experienced in supporting businesses of all sizes, ensuring that each client’s unique needs are met.
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Comprehensive Reporting and Insights: With TDS Gift Cards’ near real-time reporting capabilities and CIMI Card’s detailed compliance tracking, CIMI clients will have access to a wealth of data and insights that help optimize their gift card programs for maximum profitability.