In recent years, dozens of municipalities have issued district or city cards to support various groups of residents, such as those in need socially (single parents, large families, retirees, etc.). The goal was to convince local merchants and service providers to offer different discounts to cardholders, promising an increase in traffic.
However, after the launch of such a program, it quickly became apparent that the lack of proper IT infrastructure and the fact that a few (tens of) thousand cardholders did not represent a significant enough potential purchasing power for merchants, especially those in network businesses, posed a problem.
The solution lies in placing bercodes, offering discounted purchasing opportunities, primarily on digitally issued cards. While maintaining its core function, this enables the card to provide discounts at thousands of retailers and service providers nationwide, potentially offering annual savings of hundreds or thousands of dollars to their members.
If the district or city authorities want local service providers and retailers to earn extra revenue from the more than one million bercode holders nationwide (50-60 thousand per county), they can issue them with a Business-level bercode card. The cards can also be given free of charge - only to businesses in the city - but it is also possible for the municipality (or a foundation) to help local service providers and retailers increase sales in exchange for a donation of just a few hundred dollars.
Direct return: the companies/organizations issuing bercoded cards receive acquisition commissions for the use of the card at the premium acceptance points, so the direct revenue can exceed (even multiple times) the amount invested in the card project if thousands of cards are issued. Card issuers' managers can also view their current financial balance and the previous day's turnover in an automatically generated daily report at 8 am.
The Bercode Platform offers its Issuing Partners a web-based administration system accessible by multiple leading and administrative personnel at different authorization levels. This system allows them to place orders for their cards, track the manufacturing/logistics process of the cards (whether on a plastic basis or otherwise), and obtain detailed insights into the discounts achieved with their bercode cards and the generated commissions.
The price of bercodes granting discounts per card – can vary per card depending on the service level, the quantity issued, and the validity period. It can be free or range from a few hundred (or even just tens of) dollars annually. However, these fees can be further reduced with multi-year settlements. Additionally, the only incurred cost is the production cost of plastic cards if virtual production and delivery are not feasible.
If you are interested and are considering issuing bercode cards, please register on our platform free of charge and without any obligation and try out our complimentary services.