QwikCilver expands its horizons with new business paradigms

Jan. 24, 2012 - PRLog -- New Delhi, 24th January 2012: QwikCilver Solutions has come up with two brand new initiatives viz Electronically Managed Employee Benefit Programs & partnering with Global Prepaid Exchange program on ‘VOICES OF PREPAID INDIA’. This new initiative by QwikCilver marks a new paradigm in Indian Industry - to provide a flexible technological platform for corporates to launch Benefit / Discount programs for their Employees.

Electronically Managed Employee Benefit Programs provide a flexible technological platform for corporates to launch Benefit / Discount programs & Foodcourt Programs for their Employees. Employees are provided with (Bar-Code encoded Physical Card or Mobile based Card) and each card is loaded with Max Cap Privilege limits with clearly defined validity period. Max Cap privilege limit can be defined by the grade/ tier of the employee. Each card has a unique card ID along with the Employee ID.

‘VOICES OF PREPAID INDIA’ is another new strategic initiative with Global Prepaid Exchange program. ‘VOICES OF PREPAID INDIA’ is a new Elite Panel Body that has been founded by GX - with QwikCilver as one of the anchor founding companies. This Body will also have leading global companies like American Express, FIS, Atos as founding members.

Said T.P Pratap, Chief Marketing Officer, QwikCilver Solutions: ‘After successful tie ups with major corporates and launching India's first fully Integrated Gift Card e-commerce Portal, giftbig.com, QwikCilver  Solutions has now come up with yet another major initiative that will herald the rapid growth of the Gift Card category in India. The Gift Card category is already witnessing a tremendous growth across more than 150 cities & towns among consumers and corporates after our launch of India's first fully integrated Online Gift Card Megamall: http://www.GiftBig.com by QwikCilver’.

Tony Craddock, CEO, VoPI programme, Global Prepaid Exchange said, ‘It is India’s turn to benefit from prepaid. Around the world, prepaid is being adopted to solve problems that normal payment tools such as cash or credit, or normal physical gifts, cannot solve. Leaders such as QwikCilver, Atos Worldline, FIS and American Express have combined forces to stimulate demand. I applaud their vision and willingness to collaborate, because as a result, Indian consumers will benefit’.

Added T P Pratap, “With our pioneering efforts and strong client base across diverse corporate categories like Trent-Landmark, Titan, Madura Garments, Arvind Brands, PVR, Puma, Flipkart, among others, we are very pleased to be selected to be one of the core founding members of “Voices of Prepaid India” by Global Prepaid Exchange - that will work on growing this Prepaid & Gift Card category across consumer segments in India.

The programme’s purpose is to stimulate demand for prepaid products and services in India by creating awareness, understanding and interest in prepaid as an attractive solution for retailers, businesses and government.”

Corporate sector can now provide this innovative QwikCilver technology to their employees with the Employee Privilege Card for Benefit / Discount programs & Foodcourt management programs. QwikCilver provides real-time & email reports on card usage so that the client can monitor the program at it ends easily. With the use of QwikCilver  technology, the Employee Benefit programs not only have lesser management and transaction costs but also offer convenience of handling the entire operations!

Employee has to present this card at the Foodcourts and stores to enjoy the benefits or discount at the participating stores. The process of according thevalue or discounts, verifying employee limits, tracking employee limit utilization is done in real time which makes it very easy to run the program at the different participating outlets. The Program will also support deactivation of discounts during specific "Blackout" periods as defined by the Client. Program also supports card deactivation and re-Issual, in case of loss of card or employee resignation. These cards can be re-loadable and can be cross utilized for awarding Bonuses, Special Product Purchase Schemes and Special Recognition initiatives as well. The program can be extended to as many employees as desired.

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