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Gift card for a U.S hardware store. A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, [1] is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.
Prepaid refers to goods and services paid for in advance. Examples include postage stamps, attorneys, tolls, public transit cards like the Greater London Oyster card, pay as you go cell phones, and stored-value cards such as gift cards and preloaded credit cards. Prepaid services and goods are sometimes targeted to marginal customers by retailers.
There is no common name for stored-value cards, which are country or company specific. Names for stored-value cards include APPH in US, Mondex in Canada, Chipknip in the Netherlands, Geldkarte in Germany, Quick in Austria, Moneo in France, Proton in Belgium, Carta prepagata ("Prepaid card") in Italy, FeliCa-cards such as Suica in Japan, China T-Union in mainland China, EZ-Link and NETS ...
Physical gift cards do not expire, but digital e-gift cards expire five years after they’re issued. You can reload an ALDI gift card unless it has carried a zero-dollar balance for over 90 days ...
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Fees and Details. Card Purchase Fee. Free if bought online; up to $9.95 at retailers. Monthly Fee. Between $5 and $9.95 per month or $1.50 per transaction, depending on the plan
By 2008, SVM hosted multiple client internet landing pages and SVM customizes a multi-use gift card. In 2015, SVM moved to a 35,000 square-foot headquarters in Arlington Heights, IL. [3] The company also opened a consumer-focused gift card storefront on eBay. In March 2016, SVM acquired 1to1 Card, a leading prepaid card provider. [4]
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