Is A Visa Gift Card The Same Thing As A Visa?

Mastercard Prepaid Gift Cards are great for holidays, birthdays, graduations and anything in between. Vacation package includes round trip, coach-class air transportation for four (4) from a major airport near winner’s home (determined by Sponsor in its sole discretion) to Orlando International Airport; six (6) nights’ accommodations at a select Deluxe Resort hotel at the Walt Disney World® Resort determined by Sponsor in its sole discretion (single room, quad occupancy); four (4) 6-day Magic Your Way® Tickets with Park Hopper® Option; round trip ground transportation via Disney’s Magical Express® Service between Orlando International Airport and designated Walt Disney World® Resort hotel; and one (1) seven hundred dollar ($700) Disney Gift Card.

Statements on the debit card that say “for medical uses only” are invalid for several reasons: (1) The merchant and issuing banks have no way of quickly determining whether the entire purchase qualifies for the customer’s type of tax benefit; (2) the customer also has no quick way of knowing; often has mixed purchases by necessity or convenience; and can easily make mistakes; (3) extra contractual clauses between the customer and issuing bank would cross-over into the payment processing standards, creating additional confusion (for example if a customer was penalized for accidentally purchasing a non-qualifying item, it would undercut the potential savings advantages of the account).

This Ezine article is about how to become a prepaid card retailer for mobile phone minutes, a merchant for reloadable debit cards from Visa and Discover, the go-to location for international long distance, and the convenient spot to pick up a last minute gift with gift cards from national retailers.

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