GiftCard Partners Blog

In today’s fast-paced work environment, recognizing and retaining employees isn’t optional—it’s essential. Whether you lead HR for a hospital system or oversee outreach for a community nonprofit, the challenge is the same:

2015 was a huge year for gift cards. For the first time, gift card sales reached $130 billion, while e-gifting rose 26% and represented $7.1 billion in volume. Here are some of the other gift card trends the industry experienced in 2015.

Top stories from the February CVS/pharmacy® Wellness Newsletter!

 Wellness programs continue to evolve into 2016, challenging employers to keep things fresh. This edition of the CVS/pharmacy® Wellness Newsletter focuses on using rewards and incentives to encourage healthy behavioral changes, resources on how to maintain engagement and secure long-term program success, CVS news and more.  Read below for more on what this edition has to offer.

2015 gift card sales in the U.S. reach $130 billion, a 6% increase over 2014.

2015 gift cards sales are just the beginning as gift card sales are predicted to reach $160 billion by 2018. E-gifting had the largest increase, rising to 26% in 2015, representing $7.1 billion in volume. E-gifting is also expected to support the overall payment industry growth. Long-term prospects for e-gifting remain promising as more payment services become mainstream and plastic cards make the switch to digital.