CHICAGO--()--Arroweye Solutions, the only provider of fully digital on-demand card marketing and production services, today announced a record number of new client partnerships signed during the first quarter of 2012. The new partnerships represent the potential for annual sales of more than 2 million cards.
“We constantly hear from our clients that they will never go back to a traditional card production model. In fact, many of the new partners we signed during the first quarter were referred by existing clients---a testament to the value on-demand solutions provide”
“Our first quarter results can be attributed to our strong technology platform and increasing demand for a zero inventory, digital on-demand production model. For years, plastic card production and fulfillment models offered little differentiation for program managers and issuers,” said Render Dahiya, Arroweye Solutions CEO. “Arroweye provides a completely new way of ushering card programs to market that allows our clients more flexibility and more ways to stand out in the marketplace without inventory risk.”
During the first quarter of 2012, Arroweye added new partnerships in the open loop market with programs in prepaid corporate and incentives; consumer-funded GPR; employee benefits; and loyalty and reward; as well as closed loop gifting programs. Arroweye is now providing services to Customer Appreciation, Drop Tank, Fuze Network, hyperWALLET, Load–n-go, MovieTickets.com, and Vector Card Services, among others.
In addition to the flexibility afforded by Arroweye’s digital on-demand technology, more open loop providers are seeking Arroweye’s services because the company is approved to manufacture and personalize cards by all of the major networks: Visa, MasterCard, Discover and, most recently, American Express. The new contracts come on the heels of Arroweye’s record-breaking fourth quarter, when the company experienced the highest card demand in its history and its busiest production day ever.
“We constantly hear from our clients that they will never go back to a traditional card production model. In fact, many of the new partners we signed during the first quarter were referred by existing clients---a testament to the value on-demand solutions provide,” added Dahiya. “We’re driven to develop flexible solutions and are even working on a new tool that will allow our clients to set up all aspects of a card program directly from their desktop.”
About Arroweye Solutions, Inc.
Arroweye is a card marketing and production partner that provides just-in-time, highly customized plastic gift, incentive and payment cards and carriers. With a unique combination of web-based design tools and on-demand manufacturing and personalization capabilities, Arroweye is the first fully-digital provider of plastic within the open-loop and closed-loop payments industries. Arroweye is the only company approved by Visa, MasterCard, Discover and American Express to manufacture and personalize payment cards on-demand. The company also provides gifting solutions, including customized greeting cards and a suite of stored value retail gift card solutions. Arroweye was founded in 2000 and is based in Chicago, IL. For more information, visit www.arroweye.com.