Many companies have been rethinking gift card policies after uncovering fraudulent transactions. Here are 12 ways to strengthen your financial controls.
There's more money in unused gift cards than the deposits held by many banks, according to the Federal Reserve Board of Governors.
Billions of dollars are tied up in unused gift cards - Marketplace
Americans Holding Billions of Dollars in Unused Gift Cards - TheStreet
Gift cards are a source of convenience for customers and a source of revenue for companies. But accounting for gift cards can be inconvenient. Finance must pay attention in particular to the recognition of breakage income related to unredeemed amounts on cards.
Lost and found: Booking liabilities and breakage income for
The Federal Trade Commission’s nearly 3-year assessment found , Target, and a few other gift cards were requested the most from scammers.
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State Treasurer Stacy Garrity has proposed legislation that would allow Pa. to automatically return some unclaimed money to people with no action required on their part.
Pa. is sitting on billions in unclaimed property. This bill would
Billions of Dollars Are at Stake in a Puzzling Holiday Shopping
(CNN) — Some people love them, some people hate them. Worse, a large number of us who receive them on special occasions are indifferent to them, or even forget about them entirely. Such is the sad fate of gift cards — millions of which go unused each year and have a collective value estimated to […]
Americans have a collective $21 billion in unspent gift cards
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Shower your colleagues with these gifts for coworkers that let them know just how much you care—without having to ask the boss to chip in.
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They're just less useful money that expires.
Gift cards suck, just give cash
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Did you get a gift card for Christmas? There is a good chance to won't ever use it.
Nearly half of Americans don't spend their gift cards
A new survey conducted by YouGov.com for CreditCards.com has found that Americans have $21 billion in unused gift cards, vouchers or store credit lying around.
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Forgotten money: Survey finds 47% of Americans have $21B in unused
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