[Aug. 15] The percentage of consumers purchasing gift cards has gone up and is expected to increase yet more this year, finds a new report Bank of America Corp. commissioned from TSG, a payments advisory firm. The report found that 38% of respondents purchased a digital gift card in 2024, up …
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Holiday Gift Cards Bloom, Especially Among Younger Consumers
Predictions that gift cards would be a popular choice this holiday shopping season may bear out. At least one gift card provider, Tillo Inc., finds that across Black Friday to Cyber Monday, Nov. 28-Dec.1, its total sales were up 41% over the similar period in 2024. Tillo, based in the …
Read More »Merchants, Government, And Law Enforcement Look to Fight Gift Card Fraud
The Gift Card Fraud Prevention Alliance is launching a nationwide social-media campaign to combat gift card fraud this holiday shopping season. The campaign, which runs from Oct. 1 through Christmas Day, will deliver daily messages through the LinkedIn and Instagram platforms on the tactics criminals use to perpetrate gift card fraud …
Read More »Power up Holiday Sales with Factor4 Gift Cards
You may groan, and say, “summer’s not even over!” But now is the perfect time to get a jump on planning for the coming holidays. Adding gift cards to a business can make things very merry and bright for your merchants this season. It’s a great way to engage — …
Read More »Routable Adds FedNow Support; Expect Greater Gift Card Demand; Plus Weekly Recap
Blackhawk’s Fold Gift Card and other Digital Transactions News briefs from 8/1/25
Payments platform Blackhawk Network Inc. is working with Fold Holdings Inc., a financial-services company specializing in Bitcoin, to widen distribution of the Fold Bitcoin Gift Card, launched in May. More online merchants are expected to begin offering the card in coming weeks, the parties say. Worldwide Stablecoin Payment Network (WSPN) has launched Global …
Read More »Making Gift Cards Thrive
New data reveal how ease of access and thoughtful design drive gift card success. In today’s busy world, convenience isn’t just appreciated, it’s expected. Whether we’re ordering groceries, booking a ride, or sending a last-minute birthday gift, we want it done fast, easy, and without hassle. That’s why gift cards …
Read More »New York’s Cash App Penalties; Blackhawk’s Gift Cards Scorecard; Plus Weekly Recap
Merchants Continue to Improve Gift Card Programs, a Blackhawk Study Finds
U.S. merchants achieved higher performance scores for their gift card programs in 2025, according to Blackhawk Network’s eighth annual review of the programs. Staples Inc. led all merchants with a score of 104%, followed by Amazon.com with a score of 101% and Best Buy Co. Inc. at 99%. Cosmetics retailer …
Read More »Snapchat’s Blackhawk Gift Card Plan and other Digital Transactions News briefs from 12/24/24
Blackhawk Network will offer physical gift cards to users of Snapchat’s subscription service, Snapchat+. Snapchat is a messaging platform. The digital-payments platform Wirex has added two stablecoins, VNX Euro and VNX Swiss Franc, allowing users to spend the currency directly through their WIrex cards. Payments via QR codes will “shift from one niche …
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