The gift card industry is all abuzz about the final set of gift cards regulations that went into effect over this past weekend. Most of the regulations deal with use-anywhere “open loop” gift cards, such as Visa, Mastercard and American Express gift cards. As I’ve written here before, Plastic Jungle generally does not transact in … Read more
We are occasionally asked why we don’t buy and sell “use anywhere” Visa, Mastercard and American Express gift cards. These cards – referred to in the industry jargon as “open loop” cards – may be redeemed at any merchant that accepts Visa, Mastercard or American Express, as the case may be, as a payment option. … Read more
The post below is a follow up post from our friend Peter Camenzind at giftcardadvocate.org. We hope you find his insights helpful. In case you missed it, read what Peter had to say about using open-loop gift cards online. Be sure to leave your comments and questions below. Thanks again Peter! Additionally, please note, Plastic … Read more
The following post is from our friend Peter Camenzind at giftcardadvocate.org. We really appreciate the time Peter has taken to share his expertise with our community, and we hope you find his insights helpful! Please note, Plastic Jungle does not buy or sell open-loop gift cards since they fall under a different set of rules … Read more
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