Most consumers purchase gift cards for retail stores, about 57%, while 52% buy restaurant gift cards, the Capitol One report said. In 2023, 32% of consumers purchased online gaming gift cards.

And those gift card companies want to give that money back," the FTC said in its blog post. Here are steps, highlighted by the agency, that consumers should take if they suspect they have been conned.

A gift card issuer is facing a lawsuit over allegations it failed to make its popular prepaid cards less susceptible to a common scam. The lawsuit, filed last month by San Francisco City Attorney ...

nComm Financial Services, a Georgia-based company that makes many of the popular gift cards sold in stores and its partner banks are facing a lawsuit filed by San Francisco City Attorney David ...

Gift card and reload card fraud cost $228 million last year, according to the Federal Trade Commission. What is being done about this scam? The Retail Gift Card Association and Vanilla Gift tell ...

Gift cards are more popular than ever for people who already have just about everything, but if you buy or use them, here’s how to avoid being scammed or ripped off.

News 8 is On Your Side with a warning you need to hear before you buy a common holiday gift.Gift cards are expected to be the most popular type of present this holiday season for the 16th ...

A Georgia-based company that makes many popular gift cards faces a lawsuit in California alleging it failed to take precautions to prevent scammers from draining gift cards of their value – a ...