Gift Card Providers
Lunchbox has its own gift card feature, powered by eCard Systems, a gift card provider that integrates with our system and other various platforms and provides. We also integrate with many other gift card providers.
From transaction processing to card production and fulfillment management, we allow restaurants to create a custom, reliable, and comprehensive gift card program that seamlessly integrates with their existing business processes. Whether your restaurant is transitioning from an existing gift card processor, developing a new program, or wanting to learn more about gift card promotions, reach out to our Customer Success team, and they will support you through the process.
Potential Additional Fees for Conversion or Enablement
Note: All providers are omnichannel, meaning the same gift card can be used on the web, mobile web, and apps
Important Things to Note When Considering Your Gift Card Provider
VALUTEC - There is a fee associated with moving away from Valutec that is stipulated by the contract between your brand and Valutec.
Conversions Fees are calculated using 10% of aggregate sales, from a minimum of $495 to a maximum of $1500 per account/MID. What this means is based on the accrued Gift balance per account/MID, we calculate 10% and see where it falls between these ranges.
Early Termination Fees are based on a 30 day notice. Within the remaining time, Merchants need to be using these accounts for business as usual, until the predetermined date is reached. With this being said, it seems like you guys are giving plenty of notice, so you will not qualify for this fee, there for, you will not be charged an early termination fee.
VALUTEC - All Valutec Cards must have a pin to be redeemed in Lunchbox. Conversion Cards without a pin will need to be redeemed in store.
PAYTRONIX - Charges a 1,000 implementation fee.
Gift Card Comparison Matrix
Provider | Digital? | Physical? | Live Clients | Ready By | In-Store Redemption |
Yes | Yes | Yes | Live | No | |
Yes | Yes | Yes | Live | No | |
Yes | Yes | Yes | Live | Yes (Toast) | |
Yes | Yes | No | Live | No | |
Yes | Yes | Yes | Live | Yes (Toast) | |
Punch | Yes | Yes | Yes | Live | No |