MOUNTAIN VIEW, CA – April 27, 2010 – Continuing to drive the evolution of the coupons and promotions industry, Coupons.com today announced that it has launched an all-digital coupon clearing platform, providing the only fully automated end-to-end digital coupons solution in the industry. The company also announced that two leading retailer brands have retained Coupons.com, on an exclusive basis, to manage the clearing and settlement for all of their digitally-issued and redeemed coupons.
“With the advent of mobile, loyalty card coupons, and other pure-digital forms of promotion, real-time and lower cost clearing and settlement should be the norm rather than the exception,” said Steven Boal, CEO of Coupons.com Incorporated. “As one of the pioneers and leaders of the digital couponing industry, we are excited to be able to offer this new service to our manufacturer and retailer clients as digitally-redeemed coupons are expected to play an increasingly larger role in brands’ promotion strategy.”
End to End: Creation, Distribution, Clearing and Settlement
Coupons.com provides a complete platform for digital coupon creation and distribution services, including family codes, barcode creation, security and distribution controls, fraud protection and reporting. Coupons.com hosts coupons on client’s Web sites and other digital media and has a tried-and-true infrastructure to support the delivery of digital coupons to the largest audience of unique users every month with 24/7 accessibility via www.coupons.com and the company’s network of over 50,000 publisher sites as well as through its award-winning mobile applications, including Grocery iQ for iPhone and Android. In addition to its paper coupon clearing business, the company now provides digital clearing services for digitally-redeemed coupons, including verification, redemption, payment and settlement.
Many of the world’s leading brands trust Coupons.com to manage their digital promotion initiatives. Coupons.com’s clients include over 31,000 retail outlets, including those operated by A&P, Brookshire’s, CVS, Dollar General, Duane Reade, H-E-B, Hy-Vee, Kmart, Kroger, Publix, Safeway, ShopRite, Save Mart, and Walgreens. Coupons.com will be announcing additional retailer partnerships bringing the number of stores in the Coupons.com network to over 35,000 locations in the coming months.