Author name: jyothi

Gift Cards: A Strategy For Retailers And Consumers

In a world grappling with inflation, gift cards are transcending their traditional role as simple monetary gifts, evolving into strategic assets for both consumers and retailers navigating economic challenges. Retailers’ Lifeline: Securing Revenue Amid Economic Fluctuations Gift cards have emerged as a beacon of stability for retailers facing the unpredictable waves of consumer spending that …

Gift Cards: A Strategy For Retailers And Consumers Read More »

Money drained from gift cards before used by recipients; ABC11 Troubleshooter gets results

Gift card fraud has become an increasingly frustrating issue for consumers, affecting those who have received or purchased Vanilla Visa gift cards, only to discover their balances mysteriously drained. This problem caught the attention of Raleigh resident Dan Baker, a tennis coach who received two Vanilla Visa gift cards as a gesture of thanks from …

Money drained from gift cards before used by recipients; ABC11 Troubleshooter gets results Read More »

Customers say their Amazon Visa gift cards are “compromised”

As we enter the peak period of gift card purchases, a concerning trend of gift card fraud has emerged, highlighting the risks consumers face even when taking precautions. Shannon Greer, a former employee of a gift card manufacturer, shared her unwelcome experience with CBS News Texas in a vivid demonstration of the persistent vulnerability in …

Customers say their Amazon Visa gift cards are “compromised” Read More »

Wake Forest pub owner frustrated after gift card mishap temporarily derails $2,750 effort to help needy families

A local business owner’s charitable effort to support needy families during Christmas encountered an unexpected issue when Visa Gift Cards he bought for the initiative were not activated. Michael Mackey, the owner of Mackey’s Pub, had raised $6,000 to assist families in need and decided to disburse part of these funds in the form of …

Wake Forest pub owner frustrated after gift card mishap temporarily derails $2,750 effort to help needy families Read More »

Visa USA Hit With Lawsuit Over Gift-Card Draining Vulnerability

A federal lawsuit has been initiated against Visa USA Inc., asserting that the company was involved in misleading practices through the sale of gift cards that thieves easily exploited, leading to significant financial losses for consumers. The plaintiff, Ira Schuman, accuses Visa of being aware or having insufficient safeguards against the susceptibility of Visa Vanilla …

Visa USA Hit With Lawsuit Over Gift-Card Draining Vulnerability Read More »

Target launches new paid membership program in a bid to drive sales at a time of cautious spending

Target is enhancing its customer experience and boosting sales efforts by reintroducing its Target Circle loyalty program with an added premium option. The new “Target Circle 360” membership, launching at a promotional rate of $49 per year from April 7th to May 18th, will provide unlimited free same-day delivery for orders over $35. The initiative …

Target launches new paid membership program in a bid to drive sales at a time of cautious spending Read More »

5,000 gift cards were his. Investigators assert ‘refined’ trick; FBI cautions of ‘untraceable money’

Organized. Overseas. Also ongoing. Those words describe a new wave of criminal activity that targets gift cards from the United States. With assistance from the FBI, the NBC Bay Area Responds team has been looking into the con and tracking the money for the past few months. Our team decided to investigate this for two …

5,000 gift cards were his. Investigators assert ‘refined’ trick; FBI cautions of ‘untraceable money’ Read More »