Signs Reseller Agreement with
National Home Improvement Franchisor
SAN ANTONIO--(BUSINESS WIRE)--FiCentive (OTCBB: PYDS), a
provider of turn-key prepaid card solutions, announced today
that it has signed an exclusive reseller agreement with a
nationally recognized leader in the home improvement and
energy savings market.
Located in North Carolina, the company operates a national
dealer network of 150 dealers under various brands and is a
leading manufacturer and distributor of gutter protection,
radiant barrier and blown in cellulose insulation.
The program exclusively permits the individual dealers to
adapt their own localized brand to our customizable
Corporate Incentive Card program. The company will be the
first large scale customer to adopt and use our recently
announced Print on Demand incentive card product.
The program concept is designed to incentivize prospective
customers to schedule and keep appointments, through
providing them with a network branded prepaid card
initialized with an amount of dollars upon allowing an
in-home presentation to be made. If during the sales call it
becomes necessary, the salesperson can load additional
amounts on the card as an incentive to close the sale. The
result is the customer has a card loaded with funds that can
be used for other discretionary purchases at stores
throughout the world.
FiCentive has been running a pilot program for several
months and we know from that program that sales have
significantly improved from the higher sales leads that have
been generated and sales cancellations have dropped to zero
from the previous cancellation rate of 8 – 12%. Profit
margins have also increased since the dealer is required to
offer fewer paper discounts by substituting instant cash
incentives on the card.
About FiCentive, Inc.
FiCentive, Inc. is a turn-key prepaid card solutions
provider that quickly and securely delivers customized
prepaid card programs for corporations, financial
institutions, affinity groups or any organization that needs
to deliver a financial incentive to their customers,
vendors, or employees.
FiCentive is well positioned to capture its share of the
global prepaid market that is estimated to be more than 6.5
For more information about FiCentive, please visit
www.ficentive.com or email email@example.com.
FiCentive is a wholly owned subsidiary of Payment Data
For additional information, visit
Contact Michael Long for Investor Relations information at
210-249-4040 or email at firstname.lastname@example.org.
FORWARD-LOOKING STATEMENTS DISCLAIMER
This document contains forward-looking statements that
involve risks and uncertainties. You should not place undue
reliance on these forward-looking statements. Our actual
results could differ materially from those anticipated in
the forward-looking statements for many reasons, including
the risks described in our annual report on Form 10-K and
other reports we file with the Securities and Exchange
Commission. Although we believe the expectations reflected
in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements
are made. We do not intend to update any of the
forward-looking statements after the date of this report to
conform these statements to actual results or to changes in
our expectations, except as required by law.
FiCentive, Inc., San Antonio
Michael Long, 210-249-4040