Gift Card news and trends

Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown

July 29, 2024
gift card
Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards
Credit Unions // February 21, 2023

Nine credit unions have partnered with Prizeout to offer their members value-added gift cards. With access to the Prizeout program, the credit unions’ members will receive, on average, a 12% bonus when they purchase gift cards, according to a Tuesday (Feb. 21) press release. “We...

GlobeTopper Partners With Knox Wire on B2B Cross-Border Payouts
Cross-border Payments // November 27, 2022

B2B gift card concierge firm GlobeTopper has launched a partnership with payment processor Knox Wire to power instant cross-border payouts. Orchestrated by Zed Network, the collaboration will facilitate same-day payouts in more than 190 countries for GlobeTopper, according to a Saturday (Nov. 26) news release....

Walmart Stops $4M in Gift Cards From Reaching Scammers Targeting Older Victims
Walmart // April 04, 2022

Walmart’s technology has helped it identify and freeze millions in gift cards that were bought by elderly victims that had fallen prey to con artists, CNBC wrote Monday (April 4). The U.S. Department of Justice recently seized the funds after being notified by the retail...

Chase Debuts eGifting From Mobile App
Banking // April 15, 2019

Chase announced Monday (April 15) that customers are now able to send gift cards via the Chase Mobile app or website. In a press release, Chase said customers can choose from more than 60 leading retailers to easily send gift cards. The feature comes with...

Quick Reads
Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards

February 21, 2023
Nine credit unions have partnered with Prizeout to offer their members value-added gift cards. With access to the Prizeout program, the credit unions’ members will receive, on average, a 12% bonus when they purchase gift cards, according to a Tuesday (Feb. 21) press release. “We believe in Prizeout’s technology and see it as a huge […]

GlobeTopper Partners With Knox Wire on B2B Cross-Border Payouts

November 27, 2022
B2B gift card concierge firm GlobeTopper has launched a partnership with payment processor Knox Wire to power instant cross-border payouts. Orchestrated by Zed Network, the collaboration will facilitate same-day payouts...

Walmart Stops $4M in Gift Cards From Reaching Scammers Targeting Older Victims

April 04, 2022
Walmart’s technology has helped it identify and freeze millions in gift cards that were bought by elderly victims that had fallen prey to con artists, CNBC wrote Monday (April 4)....

Chase Debuts eGifting From Mobile App

April 15, 2019
Chase announced Monday (April 15) that customers are now able to send gift cards via the Chase Mobile app or website. In a press release, Chase said customers can choose...