Consumer Rebates

Rebate cards are one of the most frequently used forms of prepaid cards in the market today. When a consumer signs up for an expensive, long-term service, they are given or sent a card representing a set value. The cards can be either open-loop ("accepted at Visa or MasterCard locations") or closed-loop (accepted at a particular store or restaurant chain, entertainment venue, or specific branded locations), and can also be real plastic or virtual cards delivered online and used online. As with other industry solutions, the card branding is a constant reminder to the consumer of the great deal they got from the company offering the rebate. Unlike paper check or cash rebates, the value stays in the card account until the consumer uses it, and frequently not all rebates on cards are used. This presents interesting financial opportunities for the stakeholders involved in designing and operating a program.

Wave Crest offers complete solutions for consumer rebates, from setting up the programs, to account creation and card fulfillment, to transaction processing, and to reporting. Large multinational companies can benefit from our experience in tightly integrating with corporate legacy systems, and providing high quality services during times of extremely high volumes. Different programs can be set up in multiple currencies, and cards can be created in fulfillment centers around the world.