Kabbage, "Kabbage Collaborates with Facebook to Help Small Businesses Sell Online Gift Certificates" (April 3, 2020)

Summary

Kabbage announcement dated April 3, 2020, that Kabbage is collaborating with Facebook to help local small businesses sell online gift certificates during the COVID-19 crisis. Small businesses can sign up to sell certificates through Kabbage Payments and choose to list them on Facebook automatically, and sales are deposited the next business day. Kabbage CEO Rob Frohwein is quoted on the opportunity to share offers with communities. Cassandre Davilmar, owner of Lakou Cafe in Brooklyn, and Raymond McCrae Jones, co-owner of Creature Studio in Atlanta, describe the sign-up, and Jones says the salon had $1,500 on the first day.

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Kabbage Collaborates with Facebook to Help Small Businesses Sell Online Gift Certificates

April 3, 2020

Kabbage Inc . is collaborating with Facebook to help local small businesses generate more revenue during the COVID-19 crisis by connecting them with local customers. With technology from Kabbage and the accessibility of Facebook, the integration gives small businesses the means to offer online gift certificates to local consumers who are seeking to support their communities through the Facebook app.

Small businesses can sign up on www.helpsmallbusiness.com to sell online gift certificates through Kabbage Payments TM and choose to automatically list them on Facebook. They can discover more ways to support their business through Facebook’s Business Resource Hub

Facebook will surface gift-certificate offers from participating local businesses to people on the Facebook mobile app. People can then purchase gift certificates from Kabbage’s site, www.helpsmallbusiness.com , and may redeem products or services today or later when it’s best for the business. All sales generated from gift certificate sales provided by Kabbage are deposited the next business day.*

“Now with the powerful reach of Facebook, small business owners have greater opportunity to share gift certificate offers to the communities that rely upon them,” said Kabbage CEO Rob Frohwein. “Small businesses are the most impacted in this crisis and this is one way Kabbage is applying its technology and resources to save them.”

Read more about gift cards on Facebook, here .

“This crisis has been really difficult to navigate as a cafe, but I’m glad that I learned about www.helpsmallbusiness.com from Kabbage,” said Cassandre Davilmar, owner of Lakou Cafe in Brooklyn. “It really helped my business get more cash flow. The sign-up process was simple and straightforward, and I quickly received funds from customers and friends that were excited to buy gift certificates to use at Lakou Cafe.”

“We registered our company at www.helpsmallbusiness.com , linked our bank account, added a button, wrote a blurb and there it was,” says Raymond McCrae Jones, co-owner of Creature Studio , a hair salon in Atlanta. “We immediately started to promote our gift certificate offers through an email blast and on social media — we had $1,500 on the first day.”

*Transactions that are processed by 5 p.m. ET will be deposited in your bank account the following banking day. Any transactions that are processed after 5 p.m. ET will be deposited in your bank account within two banking days. Settlement to your bank account may be delayed if transactions are flagged for review.

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