PLEASANTON, Calif., Dec. 9, 2014 /PRNewswire/ -- Blackhawk Network, a leading prepaid and payments company, today announced a new distribution deal with the United States Postal Service (USPS). Blackhawk's closed loop gift cards are available at select USPS locations, just in time for the holidays.
"The USPS is excited to work with Blackhawk Network to offer gift cards in our post offices – it is a completely natural fit," said Nagisa Manabe, USPS chief marketing and sales officer and executive vice president. "We have been focused on providing more consumer services and products and working with Blackhawk allows us to offer one of the best managed programs and product suites to our customers. The new gift card mall will really make our patrons' experience with USPS even better."
Coming in 2015, Blackhawk Network expects to expand distribution to additional USPS locations as well as offer open loop gift cards from a variety of payment networks which can be redeemed anywhere that network is accepted.
"Blackhawk Network knows what consumers want in a gift card mall program and it has the experience to deliver," said Talbott Roche, Blackhawk Network president. "Consumers frantic with holiday stress will now have an easy, convenient opportunity to buy their holiday gift cards while providing a new top-line source of revenue for the USPS – it's a win-win."
For more details, please go to www.blackhawknetwork.com.
About Blackhawk Network
Blackhawk Network Holdings, Inc. (NASDAQ: HAWK and HAWKB) is a leading prepaid and payments global company, which supports the program management and distribution of gift cards, prepaid telecom products and financial service products in a number of different retail, digital and incentive channels. Blackhawk's digital platform supports prepaid across a network of digital distribution partners including retailers, financial service providers, and mobile wallets. For more information please, visit www.blackhawknetwork.com
Forward Looking Statements
This press release contains certain forward-looking statements that are indicated by words such as "expects," "will," "plans," "intends," "committed to," "estimates" and "is." No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, including without limitation expected future expanded distribution and product selection. Accordingly, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither Blackhawk Network nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. Various factors could cause actual results to differ materially from those in any such forward-looking statements, many of which are beyond Blackhawk Network's control. Blackhawk Network undertakes no obligation (and expressly disclaims any such obligation) to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For additional information please refer to Blackhawk Network's most recent Form 10-K, 10-Q and 8-K reports filed with the SEC.
SOURCE Blackhawk Network Holdings, Inc.