Swapagift.com Launches VersiCard Bill Pay - Consumers Now Can Use Gift Card Balances to Pay Bills
December 17, 2007
Langhorne, PA -- December 17, 2007 -- Swapagift.com, the leading web site for buying, selling and trading unused gift cards, today announced the launch of its VersiCard Bill Pay program. Through VersiCard Bill Pay, consumers are now able to use their unredeemed gift cards to pay bills from thousands of billing organizations. This revolutionary service brings true portability to the gift card market - allowing for consumers to pay phone, gas, cable, even retail store bills with a gift card from over 100 issuing merchants.

"Swapagift.com is extremely excited to be offering consumers a revolutionary new way to maximize the value of their unwanted gift cards and merchandise credits," said Mike Kelly, CEO of Swapagift.com. "Imagine being able to take an unwanted or unused gift card, and using it to pay a utility bill. Or, imagine using a gift card from Retailer A to pay a bill you have from Retailer B. This is what we've done with our VersiCard Bill Pay offering. We've turned the unwanted gift card into a bill payment asset that can be applied at any company that issues a bill." Kelly added.

"Millions of Americans receive gift cards that go unused every year, when in fact, their value could be effectively used elsewhere. Swapagift.com has addressed the high demand for gift card portability through VersiCard Bill Pay - the first in a series of the VersiCard stored value transfer processes that we are rolling out. In addition to be the leading liquidation service for unwanted gift cards, Swapagift.com is the first company to offer a way to transfer the value from a gift card for bill payment needs."

Swapagift.com offers its VersiCard Bill Pay through its web site and back-end processing facility. Consumers with a valid gift card and a bill from issuing organization forward their gift cards and billing account information to Swapagift.com for immediate payment. As long as there is a remittance address and payee, any bill can be paid. Electronic confirmations are sent back to the consumer indicating the date, time, and amount paid on their behalf.
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About Swapagift.com

Swapagift.com® is the leading web site for buying, selling, and trading unused gift cards. Swapagift.com offers consumers multiple channels and methods for extracting the maximum value from their unused gift cards including: online trading and selling, 350+ walk-in redemption centers, VersiCard Bill Pay, and fundraising programs. Founded in 2003, Swapagift.com maintains offices in Langhorne, PA. For more information, visit www.swapagift.com

Media Contact: Swapagift.com
Name: Michael Kelly
Phone: 800.543.7927
Email: This email address is being protected from spam bots, you need Javascript enabled to view it
Web Site: http://www.swapagift.com
About the Press Release
VersiCard Bill Pay™ provides consumers a way to pay bills with their unredeemed gift cards - bringing true portability to the gift card market.


 
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