Setting Up Spend or Lose Programs
A spend or lose program maintains customer accounts that are reset to a given stored value amount at the end of each predefined time period. For example, you can use a spend or lose program to maintain employee meal credits, providing up to $25 a week for employees to use on lunches. Employees can then use up to the allotted $25 for lunch during the week, are given a new allotment of $25 for each week, and cannot roll over remaining credit to the next week.
-
No transaction is posted to the Gift and Loyalty card detail when reload occurs. The balance in Gift and Loyalty shows 0.
-
After the first transaction is posted, Gift and Loyalty adjusts the current balance.
-
A balance inquiry from the workstation always reflects the current balance.
Parent topic: Card Programs