For all those gift card geeks out there (and I mean that in only the most positive sense possible)… Be sure to check out First Data’s 2010 First-Half Gift Card Performance Report. Here are a few interesting snippets: Following a positive 2009 holiday performance, U.S. merchant branded gift card sales continued to gain traction in … Read more
As we mentioned in a previous post, the Federal Reserve released new regulations regarding gift cards earlier this week. In particular, the regulations have received a bit of press as they are more consumer-friendly. For example, gift card issuers are now limited in their ability to charge non-use fees and the money on the card … Read more
Today, the Federal Reserve issued new gift card rules to protect Americans from unexpected fees or restrictions on gift cards. Quick highlights from the Market Watch: Under the new rules, consumers must have at least five years to use the gift cards before they expire. The Fed also says service or inactivity fees can be … Read more
