DataMatrix Now Offering Both Prepaid Debit Cards and Check Disbursement as Convenient Payment Methods for Rebate Program Participants
NEW YORK, July 14, 2008 - DataMatrix Promotions, a leading marketing fulfillment company, has enhanced its rebate management capabilities by offering Chase Rebate Cards as part of its suite of efficient payment methods. Unlike other competitive offerings, DataMatrix's customers now can choose from prepaid debit cards, check disbursement or both when creating customized consumer rebate programs.
Already a user of the bank's check disbursement solution, DataMatrix Promotions added the Chase Rebate Card to its portfolio as an economical, reliable alternative to paper checks. Chase Rebate Cards will help DataMatrix's customers save time and costs associated with check printing, bank processing, check handling fees and postage.
DataMatrix Promotions manages consumer rebate programs for many of the world's leading companies. As customer demand grew for a prepaid debit card solution, DataMatrix reviewed numerous rebate card vendor offerings before selecting JPMorgan, issuer of the Chase Rebate Card. Among the reasons cited for selecting the Chase Rebate Card include: the ability to build brand loyalty with customized card art work; minimal cardholder usage fees; the delivery of a Visa-branded product; convenient, 24-hour funds access for rebate participants at retail point-of-sale locations; and round-the-clock bilingual customer service support.
"Our customers have been eager to add branded rebate cards to their marketing programs, and we plan on promoting this solution as a standard offering," said Bob Morlock, Sr. Vice President of DataMatrix Promotions. "Opportunities are limitless as to how rebate cards can be used to both reward customer loyalty and generate new sales. Rebate cards also provide a marketing platform to further promote our clients' brands in a way that can not be achieved with everyday checks."
"As the trend in the industry is to move toward paperless payment solutions, leading companies are increasingly using prepaid cards to support their sales and marketing initiatives," said Eduardo Vergara, global commercial card executive, JPMorgan. "Using rebate cards to replace checks helps reduce costs, provides consumers with immediate access to funds and reinforces brand marketing - a winning solution for all involved."
About the Chase Rebate Card
The Chase Rebate Card, issued by JPMorgan, offers an efficient, cost-effective payment solution to distribute rebates to customers. More convenient than checks and coupons, prepaid Chase Rebate Cards can help streamline payment processing while reducing paper and improving security. Cardholders can use their Chase Rebate Card to make purchases anywhere that accepts Visa debit cards, including retail stores, restaurants, gas stations, Internet shopping sites and more.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.6 trillion, as of March 31, 2008, and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.
About DataMatrix Promotions
DataMatrix Promotions and its parent company, Giltedge InfoTech Services, PVT. LTD., have been serving the consumer rebate, software development, data processing, call center and data mining needs of many of the world's leading corporations for the past twenty years. With four offices and 300 professionals strategically located in White Plains, New York as well as Mumbai, Hyderabad and Chennai, India, DataMatrix has led the way in innovative and cost effective rebate, data processing and reporting methods. DataMatrix is leading the way with the "Next Generation" in rebate programs that maximize sales, provide complete flexibility, and are risk free. This approach along with its advanced DataSpeed Technology System and Datalator* Computerized Calculation, DataMatrix provides the highest level of client, retailer and consumer satisfaction. For additional information, visit www.dmxpromo.com.