WRL Launch of Open Rewards™

News provided by

Wolfe, LLC

Mar 02, 2012, 08:00 ET

PITTSBURGH, March 2, 2012 /PRNewswire/ -- Wolfe Rewards & Loyalty (WRL) is proud to announce the launch of Open Rewards™.  This industry changing product provides companies with the type of prepaid reward card programs they have asked for:  open and transparent.  Open Rewards is the only prepaid rewards solution that returns funds remaining on the reward card at card expiration (also known as breakage) back to the company that purchased the cards.  Open Rewards features branded or predesigned VISA®, MasterCard® or Discover™ prepaid reward cards with the following unique and flexible options.

Funds Remaining At Card Expiration Returned to Rewards Card Purchaser

  • Flexible expiration terms for each card –
    3, 6, 12, 24 & 36 months
  • Funds remaining on Open Rewards card at card expiration are returned to the purchaser

Real-Time Card Balances

  • On-demand tracking of card usage and card balances

Advanced Reporting – Coming Soon! May, 2012

  • Breakdown of Shopping Trends based on purchase categories
  • Detailed geographic reporting of where recipient cards are being spent

Not only does this product return unused fund to the company that purchased the cards, it also provides companies with total transparency into their rewards and loyalty programs. Open Rewards reporting allows users to proactively reach out to card recipients as a result of the on-demand, card reporting system. CEO, Jason Wolfe stated, "WRL continually looks for new ways to innovate and provide better products for our prepaid rewards clients.  Our Open Rewards product occupies a truly unique space in the prepaid industry by providing our clients with transparency and control over their Reward cards & Branded Rewards card programs."

About WRL.com:  WRL provides reward and incentive solutions for companies of all sizes through customized prepaid reward cards. We have worked with over 5,000 companies since 2004 for employee and customer focused programs including safety awards, health and wellness incentives, sales spiffs, rebates, and many other programs. We pride ourselves in fast turnaround, multiple branding options, and utilizing our technology to drive additional actions or awareness to our clients' brand.

SOURCE Wolfe, LLC

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