99minds Unveils Multicurrency Gift Card Solution for Shopify
In an exciting development for Shopify merchants, 99minds has officially launched a new multicurrency gift card solution, enabling merchants to issue and redeem gift cards in multiple local currencies. This innovative feature represents a significant leap forward in providing a seamless customer experience in the ever-growing global e-commerce landscape.
A Game-Changer for Global Commerce
Previously, Shopify merchants faced limitations when it came to gift cards, as they were confined to a store's default currency. 99minds' new addition empowers merchants to reach a broader audience by offering gift card functionality in various currencies, including USD, CAD, EUR, GBP, AUD, NZD, SGD, HKD, and many others. This flexibility enhances the shopping experience for international customers who can now make purchases without the frustration of currency conversion.
Pravin Kamble, the Co-Founder and CEO of 99minds, commented, "Until now, Shopify gift cards were locked to a store's default currency. 99minds changes the game by introducing multicurrency support, enabling merchants to go global without losing localization and value."
With the rapid acceleration of global e-commerce, consumers highly value a frictionless experience. The multicurrency gift card feature addresses these needs, helping to foster loyalty and boost conversion rates substantially. Merchants can now expand confidently into new markets without the risk of customer confusion over currency differences.
Features and Benefits of the Multicurrency Solution
The 99minds multicurrency gift card solution is designed with merchants' needs in mind. Some of its key features include:
- - Real-Time Exchange Rates: Gift card values are calculated based on live exchange rates, ensuring accuracy and transparency for both merchants and customers at the time of purchase and redemption.
- - Easy Integration: The solution requires minimal setup and is compatible with existing Shopify and Shopify Plus stores, ensuring that operations remain uninterrupted.
- - Omnichannel Support: The platform enables a seamless gifting experience, whether transactions occur online or in physical retail locations.
- - Comprehensive Reporting: Merchants gain valuable insights through detailed reporting on multicurrency transactions, allowing for informed decision-making.
Beyond the platform itself, 99minds is working in partnership with Blackhawk Network to facilitate gift card sales across an extensive network of over 500,000 retail locations in 28 countries. Additionally, the company integrates with top payment processors such as Givex, Shift4, Fiserv, Clutch, and Paytronix to ensure broad functionality.
Future Developments
Looking ahead, 99minds has ambitious plans to further enhance the gift card experience. One exciting development in the pipeline is the creation of a unified gift card redemption API geared toward AI shopping assistants like ChatGPT and Perplexity AI. This will allow for a streamlined approach to redeeming gift cards across various platforms, making the process even more user-friendly.
As an established leader in omnichannel gift card solutions, 99minds is committed to helping brands drive engagement, enhance customer loyalty, and ultimately grow revenue through its intelligent technology. The new multicurrency gift card app is available now on Shopify, allowing Shopify and Shopify Plus merchants to activate this feature immediately.
Discover more about how 99minds can transform your gift card and loyalty programs by visiting their website. With its innovative approach, 99minds is set to redefine the gift card experience for merchants and customers alike, paving the way for a truly global commerce ecosystem.