SAN FRANCISCO, Oct. 19, 2015 /PRNewswire/ -- Hastings, a leading multimedia entertainment retailer, today announced that Hastings customers are now able to sell gift cards from other retailers at Hastings locations and receive either a Hastings gift card or cash. Powered by a premier gift card exchange, Cardpool, the new Hastings Exchange program also enables Hastings customers to sell their gifts cards at MovieStop locations, as part of the Hastings family of brands.
"We are excited to partner with Cardpool, a leader in helping consumers trade the gift cards they have for what they want," said Alan Van Ongevalle, president and chief operating officer of Hastings. "Providing our customers with the option of trading in gift cards they won't use for a Hastings gift card or cash drives customer satisfaction and new customer acquisitions."
Patrick Ramsey, general manager of Cardpool, added, "The demand for gift card exchange is growing, and when done right, in-store gift card exchanges can be a win-win for both consumers and retailers. Shoppers exchange the gift cards they have for what they want, and retailers provide an in-demand service that drives incremental foot traffic, satisfaction and commerce."
Hastings is currently offering gift card exchange in approximately 165 Hastings and MovieStop stores nationwide. See www.gohastings.com for more details.
Partnering with leading retailers across the country to enable in-store and digital gift card exchanges, Cardpool is part of Blackhawk Network, a leading prepaid and payments global company supporting the program management and distribution of gift cards.
Founded in 1968, Hastings is a leading multimedia entertainment retailer that combines the sale of new and used books, videos, video games and CDs, and trends and consumer electronics merchandise, with the rental of videos and video games in a superstore format.
Cardpool, Inc., a subsidiary of Blackhawk Network, Inc., is a leading gift card exchange company where customers can buy discounted gift cards or sell gift cards for cash. Cardpool verifies the balance of each of its gift cards and offers a Cardpool Purchase Guarantee; see cardpool.com for terms and conditions. Cardpool also helps retailers provide their shoppers with these exchange services in their own physical stores or on retailer-branded sites. Cardpool provides a turn-key solution driving commerce for its partners, and retailers may integrate with the exchange services by using Cardpool's proprietary APIs. Headquartered in San Francisco, California; visit Cardpool at www.cardpool.com.
About Blackhawk Network
Blackhawk Network Holdings, Inc. (NASDAQ: HAWK) 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 and www.giftcardmall.com.