Store
Credit Merchandise Return Card
Store
credit cards are quickly becoming the norm for most major retailers
when a customer returns merchandise to one of their stores.
It allows retailers to retain a greater percentage of their
revenue from in-store sales. In the past, the merchant has simply
exchanged merchandise for an in-store voucher or certificate
and in many cases the cashier would just give cash back to the
customer. However, a new trend in the gift card industry has
been to make the return or exchange process easier to track
and monitor by utilizing an in-store credit card specifically
for merchandise returns.
The
Store Credit Merchandise Return Card creates value for the consumer
and merchant in four ways:
