Pine Labs' Qwikcilver, Foodpanda Team Up To Launch Gift Cards 

KUALA LUMPUR, Dec 14 (Bernama) -- Pine Labs' Qwikcilver, and foodpanda, Asia’s largest food and grocery delivery network outside of China, have partnered to launch foodpanda Gift Cards, an enhanced solution that enables foodpanda customers to easily redeem and cart out purchases.

The new Gift Card feature will be first available to foodpanda corporate customers under ‘foodpanda for business’, the company’s dedicated vertical providing corporate solutions, according to a statement.

Pine Labs Chief Business Officer – SEA, Dheeraj Chowdhry said its Gift Cards platform is now powering several multinational, large, and small-sized businesses across diverse industry verticals and geographies.

“For Pine Labs’ Qwikcilver brand, it is an absolute thrill to partner tech-first company foodpanda and power their gift cards and vouchers programme across 11 APAC countries, and this is just the beginning of future collaborations between the two entities,” he said.

Meanwhile, foodpanda Director of Fintech, Abhishek Ahuja said: “Together with Pine Labs’ Qwikcilver, we can now offer companies a user-friendly way that they can show appreciation for their employees through Gift Cards, without the additional administrative and payment burden.”

The integration of Gift Cards simplifies the administrative process for foodpanda’s corporate customers as it now lets them easily purchase and share Gift Cards with their employees via the foodpanda for business portal, enabling them to easily keep track of previous purchases and spends.

For employees, Gift Cards also allow for greater flexibility for usage as unlike vouchers, Gift Cards allow customers to store any unused balance for later use.

It can also be used on multiple orders, providing customers with more options to redeem their Gift Cards on foodpanda’s many services including purchasing groceries on pandamart and retail specialty goods on foodpanda shops.

The Gift Cards are currently available for purchase in Thailand and Singapore, and will eventually be rolled out to all 11 markets that foodpanda operates in. There are also plans to make Gift Cards available to all customers (including non-corporate) in the future.

A merchant commerce omnichannel platform operating across India and Southeast Asia, Pine Labs’ Issuing business is powered by Qwikcilver that offers a cutting-edge, full-stack, end-to-end technology service solution in the Pre-paid Transaction Management, Gift Cards, and Sales/ Distribution Space.

-- BERNAMA