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A gift card represents value redeemable for purchases under the issuer’s conditions. A digital card can use a unique code; Shopify, for example, explains how that code redeems the card’s value at checkout.[2] A physical card can carry a pre-assigned card code or barcode.[1]

Explain value, redemption and delivery to buyer and recipient. Protect the reference as a payment credential and distinguish issuance from spending. Selling a card is not the same event as fulfilling a basket of products.

Content updated:

Sources

  1. Shopify Help Center | Gift cards on Shopify POS overview
  2. Shopify Help Center | Gift cards considerations and overview

Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.