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About Shopping Gift Card Prizes

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Some of you may have or will win Shopping Gift Card Prizes and those kind of prizes tends to be really popular among sweepers communuty. But what are those shopping gift cards. The shopping gift cards are restrained scrip or monetary equivalent that can be acquired from banks or retail shops. The cards are used as alternative to non-monetary gifts. The cards are very popular in many countries especially in US.

They are classified as the most wanted gifts by women; the second most issue gifts by consumers and the third best gifts to males. The importance of the cards has been becoming more popular since over the years since they relieve donors of selection of certain gifts. Once the card has been issued to a client, they are free to use the cards at their discretion as long as they will adhere to the limits that have been set by the issuing party.

The history of shopping gift card payment program dates back to 1994 when Blockbuster Entertainment launched the program in Ft. Lauderdale, Florida. The intention of the company was to replace the traditional gift certificates that often got counterfeited with the modern color copiers and printers. The over redemption of gift cads was what led to the introduction of another means of payment that was paying in better terms.

The gift cards appear like an ordinary credit card. In some cases, they display certain themes on the surface. These cards are not identified by any name or information of the user hence they can be redeemed by anyone. However, the cards can be identified using certain electronic themes and codes hence they cannot be counterfeited. It is possible to reload some of the gift cards by means of payments hence making it possible to use it time and again.

The gift cards normally have no value when they are being purchased. They get activated after clients purchase them and deposit specified amount. The magnetic strip or bar code encrypted in the code can be read by a credit card machine is unique hence making it had to counterfeit a card.

More about Shopping Gift Card at Wikipedia


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