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What Is Gift Card Receipt? - Business - Nairaland

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What Is Gift Card Receipt? by CardWorld: 11:20am On Sep 23, 2021
A gift card receipt is a small ticket that you get after you purchase a physical gift card. No matter what kind of gift card you purchase, the receipt will be different depending on the payment method. The various information on the receipt allows you to know exactly how the gift card was purchased and serves as proof that the purchase was made at the store. So this article will introduce you to the different types of gift card receipts and what to look for.

Cash receipts

A cash receipt for a gift card is a receipt received through a cash payment transaction. It is a receipt that shows that the gift card was paid for in cash and contains the date of the transaction, the buyer's name and cash amount. In the second-hand gift card market, the gift cards exchange rate of cash receipts is higher than for other purchase types.

Credit card receipts

Credit card receipts indicate that the gift card was purchased with a Credit ATM CARD, such as: Amex, Discover, MasterCard, Visa, Visa Debit, etc. Please note that as long as the receipt does not show CASH or DEBIT, it is classified as a CREDIT card receipt. Credit card receipts show the last four digits of the card used, the total amount on the card and the unique authorization code for that transaction. In the second-hand gift card market, gift cards with credit card receipts will be redeemed at a lower rate than gift cards purchased for cash only.

Debit Receipt

A debit receipt is a receipt indicating that the Debit ATM CARD was used to pay for the card. It is similar to the credit card receipt in that it is not a gift card purchased with cash, which is usually indicated at the top or bottom of the paper. In the second-hand gift card market, the exchange rate for a gift card with a debit receipt is the same as with a credit card receipt.

Activation Receipt

An activation receipt is a receipt that shows that a gift card has been successfully activated for use. It is neither a cash receipt, nor a debit receipt, nor a credit card receipt. The activation receipt is combined with the store receipt. The gift card activation information will be printed below the payment information, including the activation amount and the last four digits of the gift card.

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