In the News
December 2007 - GiftCards.com Expands
Pittsburgh's NBC affiliate, WPXI, interviews GiftCards.com's CEO, Jason Wolfe on December 7th, 2007. WPXI's Vince Sims learned the details of Wolfe's new building and plans for expansion making way for job opportunities along with furthering a successful Pittsburgh business. read more
November 2007 - Selling Gift Cards in Cyberspace - By Prepaid Media Staff
Sales of both closed- and open-loop gift cards have ballooned over the last 10 years, reaching nearly $61 billion in 2006, according to Mercator Advisory Group estimates. Retailers, issuers and program managers are nevertheless continuing to look for ways to increase sales and attract new customers. For some, the online channel is a way to do that. In fact, by 2011, 30 percent of all gift card sales are expected to be online, according to a report released last fall by Forrester Research. While the research, culled from a consumer survey, did not differentiate between network branded and retail gift cards, it suggests a growing interest in buying online. read more
January 2006 - Digital River Buys Pittsburgh Company - By John Vomhof Jr.
Digital River Inc. has acquired Direct Response Technologies Inc. for approximately $15 million in cash. read more
