Talk of The Villages Florida - View Single Post - Is there a charge to the Merchant when you use a Gift Card?
Thread: Is there a charge to the Merchant when you use a Gift Card?
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Old 06-05-2023, 07:31 AM
fcgiii fcgiii is offline
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Quote:
Originally Posted by lmack View Post
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.

Gift cards are issued by banks. some have fees, some don't. Read the fine print.

see Prepaid Cards vs. Gift Cards: What's the Difference?