Gift Card Draining Fraud Could Diminish Holiday Cheer
Some shoppers have purchased gift cards, loaded the balances, and later discovered that the funds disappeared before the intended recipient ...
Tag: Gift Card Draining
Learn about gift card draining and its effects on consumers and businesses. Discover common techniques used by fraudsters, the impact of stolen balances, and tools and practices to detect, prevent, and combat this growing form of payment fraud.
Jingle Thief Bad Actors Target Gift Card Issuers for Fraud
A group of cybercriminals dubbed “Jingle Thief” is using phishing techniques to gain access to gift card systems, then issuing ...
Target Redesigns Gift Cards Ahead of Maryland Anti-Tamper Law
Just in time for the holiday gift-giving season, Target is redesigning its Target GiftCards to prevent tampering before it starts. ...
Can Maryland’s New Law Stop Gift Card Draining?
Maryland has become the first state to pass a law combatting gift card draining, mandating tamper-proof packaging for most gift ...
Gift Card Draining Scams Cost Users Millions
You’re given a gift card, but when you attempt to use it, you find it has zero balance. While you ...
Must Reads
©2024 PaymentsJournal.com | Terms of Use | Privacy Policy