Thread: Is there a charge to the Merchant when you use a Gift Card?
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Old 06-05-2023, 06:22 AM
lmack lmack is offline
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Quote:
Originally Posted by wroberts2012 View Post
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?

Yes, gift cards are like credit cards (not debit cards) when processing on a credit card
machine and vendors pay accordingly using their processors rates for credit cards.
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