Is there a charge to the Merchant when you use a Gift Card?
Bought at Publix a $50 Gift Card for Circle K for $40. I'm sure you have all seen the offer. Went to use it at the Circle K gas station on Pinellas next to the Chase Bank. They charged me the price for gas as if it was a credit card. I asked why but the lady was clearly working as instructed so I dropped it. Does the merchant get charged for the use of a "reloadable gift card" or is simply wrong?
|