gift card

A gift card is a prepaid card issued by a retailer or financial institution that holds a specific amount of money. It can be used as a form of payment for goods or services at the issuing store or within a network of affiliated merchants. Gift cards are popular as gifts because they allow the recipient to choose what they want to purchase. They are convenient, widely accepted, and can often be reloaded or used multiple times until the balance is depleted. Unlike cash, they are non-transferable and typically have specific terms and expiration dates.