Leading US-based global prepaid card provider, Ceridian Stored Value Solutions (SVS), has joined forces with one of Spain's leading retailers, Eroski, to create a new gift card program for consumers. The cards, which can hold up to 3000€ in value are available throughout Eroski's 120 hypermarkets with plans to extend the gift card program to the company's 1000 supermarkets in 2011. 

Leading Global Prepaid Provider Partners with Spanish Supermarket Giant for Gift Card Program

Leading US-based global prepaid card provider, Ceridian Stored Value Solutions (SVS), has joined forces with one of Spain's leading retailers, Eroski, to create a new gift card program for consumers. The cards, which can hold up to 3000€ in value are available throughout Eroski's 120 hypermarkets with plans to extend the gift card program to the company's 1000 supermarkets in 2011.

"We are pleased to have this opportunity to partner with a leader in the Spanish retail space and are excited about the mutually beneficial opportunities this presents both Eroski and SVS," said Germain Roesch, Executive Vice President and Managing Director of SVS International, "…we enjoy a strong global presence and provide a range of gift card solutions for retail customers in 40 countries, but we very are excited that Eroski is our first Spain-based client."

Javier Vaz, Non-Food Category Manager at Eroski says: "In keeping with our focus on customers, we wanted to enhance the service we provide to customers through our own branded gift card and chose to develop our program with SVS because we are impressed with SVS's extensive experience and expertise in this area. We look forward to working with SVS in providing our customers the most advanced prepaid services in the market."

About Eroski

Eroski S. COOP is a Spanish retail and distribution corporation with business headquarters in Elorrio, (Vizcaya) Spain. Founded in the Basque Country in 1969, today it is one of Spain's leading retailers with more than 50,000 employees and 2,400 establishments throughout the country. The company operates a range of retail outlets including hypermarkets, supermarkets, petrol stations, opticians and travel agents. The Eroski retail outlets and franchises operate under familiar brand names such as Eroski Hypermarkets, Eroski City, Eroski Center, Eroski Merca, Aliprox, Caprabo, Familia, Eroski Travel, Eroski Optics, IF Cosmetics, FORUM SPORT and ABAC.

About SVS

As a leading prepaid provider, SVS manages more than five hundred million card products and processes over one billion transactions annually. We partner with top retailers around the world to offer stored value solutions that will effectively drive the behavior that will lead to business success. We are based in Louisville Kentucky, USA, and are owned by the Minneapolis-based Ceridian Corporation. For more information, visit: www.storedvalue.com