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June 23, 2022

Contract Renewal Brings New Benefits to AGS Members

By Wells Fargo Retail Services The American Gem Society (AGS) recently extended its consumer financing contract with Wells Fargo for another five years. Wells Fargo will serve as the organization’s preferred financing provider through 2027, offering improved benefits to dealers participating in the American Gem Society credit card program. Volume Rebates As in the past, members offering the American Gem Society credit card program have the opportunity to earn a volume rebate each calendar quarter on their quarterly net charge volume.1 That has already translated into over $95,000 in rebates for 98 AGS members during the first quarter of 2022.

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Sustaining Firm Spotlight: The Edge

The EDGE is celebrating a milestone this year. For 20 years, they’ve helped independent retail jewelers outperform their competition and grow to their fullest potential. Their solutions emphasize inventory management and customer communication. “We provide independent retail jewelers with the information they need to achieve optimum performance and best practice functionality responses to that information,” says Dick Abbott, president of The Edge. “We provide the whole tool shed to jewelers and offer a wide range of training to help them apply them as designed.” Dick Abbott shares that The Edge began out of necessity. “As the absentee owner of a

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