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December 07, 2020
The Woohoo digital Gift Card store launched by Qwikcilver on Google’s Spot Platform aims to spread festive cheer
Google Pay users can instantly purchase and send customized Gift Cards from over 150 leading brands
Bengaluru, 7 December 2020: Qwikcilver, a Pine Labs company and a global leader in end-to-end gifting and stored value solutions, today launched its Spot on Google Pay’s Spot Platform, which allows merchants to create branded commercial experiences within its app. Qwikcilver has launched the Woohoo virtual gift card store on Google Pay Spot Platform enabling Google Pay users to purchase and send gift cards in real-time. Users will now have the option to choose digital gift cards from over 150 leading brands that can be used at offline stores across 1500 cities and major online portals.
Commenting on the partnership, Kumar Sudarsan, President - Gift, Prepaid and Stored Value, Pine Labs said, “With the launch of Woohoo on Google Pay Spot Platform this festive season, will offer more reasons for consumers to rejoice. We are privileged to have launched our Spot on Google Pay’s Spot Platform which continues to witness an increase in acceptance and adoption amongst consumers and merchants1 amidst the ongoing pandemic. The initiative is aimed at easing the entire process of purchasing and sending digital gift cards on the back of changing consumer behaviour.”
“The uniqueness of a digital gift card is that it can be purchased instantly for last-minute gifting without losing the personalized touch and providing the receiver the freedom to spend. While Qwikcilver has enabled Woohoo digital gift card store as a preferred destination for consumers, the presence on Google Pay will enhance consumer experience to use digital gifting with a click of a button,” he further added.
The partnership comes at a time when Indians are trying to uplift their spirit during the ongoing festive season. Additionally, with people still reluctant to move out of their houses, gift cards seem to be an ideal option providing features like easy transferability, personalized touch and contactless gifting.
Qwikcilver powers every 9 out of 10 gift cards in India and has onboarded most of the major brands on its platform. With the top three categories in gift-cards being ecommerce, grocery and fashion, the company enables gift cards for corporates, individual merchants as well as consumers.
About Qwikcilver
Qwikcilver, a subsidiary of Pine Labs, is headquartered in Bengaluru, India, with offices in Dubai, Singapore, and Sydney. Qwikcilver manages over 1.1 billion transactions annually. It is the definitive one-stop-shop for different variants of prepaid programs, digital and digitized gift card programs, promotion programs, loyalty programs, discount programs and the like. The Qwikcilver platform has been successfully deployed across the world at our retail partner stores and online as well. Qwikcilver offers a completely secure, banking standard, transaction management platform that operates simultaneously across multi geographies, multi time zones and supports multi currencies in real time. Pioneering and creating new markets requires great flexibility and innovation. To know more please visit www.qwikcilver.com
1 Investing in India's digital future – Google Blog
Pine Labs is one of Asia's leading merchant commerce platforms. Its unique cloud-based platform enables it to offer a wide range of payment acceptance and merchant commerce solutions. Pine Labs' stored value platform offers issuing, processing and distributing digital gift cards for corporate customers. Its customer base includes prominent large, mid-sized and small merchants across India, South East Asia and the Middle East. Pine Labs is incorporated in Singapore. Its key investors are Sequoia India, Mastercard, Actis Capital, Temasek, PayPal and Sofina. To know more, please visit www.pinelabs.com