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CashStar and Raise Partner to Help Merchants Participate in Digital Gift Card Marketplace

Chicago based Raise (acquired portfolio company Slide) allows individuals to sell their unwanted gift cards for cash and as a result helps 2 million consumers save money on everyday purchases using discounted gift cards. Raise has partnered with over 220 retail brands is connected to more than 40 payment processors.

CashStar, the industry-leading provider of prepaid commerce solutions, today announced its partnership with Raise, the largest marketplace for gift cards. The two companies have joined forces to provide retailers with new opportunities within the gift card marketplace, including sales enablement, brand management and risk mitigation. Raise has integrated with CashStar Exchange to offer digital gift cards on demand from an extensive network of the world’s top retailers and restaurants.

Tags

prepaid cards, usa, portfolio news