Cardgains operates a very simple system.

The retailer orders from suppliers and receives product and an invoice in the normal way at the negotiated Cardgains discount.

Each supplier sends a statement to Cardgains by the 6th of every month, summarising the previous month*s deliveries. This is broken down into a composite individual statement and despatched to each member on the 10th of the month. Members then settle this statement by cheque or direct debit by the 18th of the month and Cardgains pays each supplier by the end of the month. If there are any queries on the statement, members can contact their book-keeper who will endeavour to rectify the matter before the due date.

In order for the system to work effectively, members have to understand their commitment to pay their statement by the designated date. If not, they are letting down the other members and the Cardgains concept as a whole. On each trading member’s statement, a monthly administration fee is added.

Cardgains continues to grow, which proves that the system works and there are many happy and successful retailers benefiting from the scheme.