What is a Gift Card?

The Gift Card is a prepaid card that can be used to pay for products and services that accept this payment method. The Card is presented in two versions: physical and online, and it is up to you to choose which is more convenient.

In addition to being a new form of payment, it is also an excellent option to give gifts to those we like, especially when we have no idea what to buy – which happens more often than we would like, right?

The coolest thing about the Gift Card is that the recipient can use it to buy whatever they want, as long as the chosen store accepts this form of payment. Many stores also offer their own Gift Card option (eg the Centauro Gift Card).

In these cases, the recipient can use the card for purchases at that specific store. It is a great option, especially in stores with a wide variety of products.

Gift cards began with specific stores. Now, however, many of the major charge or credit card issuers, like American Express, Visa, Discover, and MasterCard, are also offering gift cards, good anywhere the regular plastic is accepted. Known as open-loop cards, these are most easily confused with prepaid debit cards, especially since some of them are reloadable as well. These cards may carry a one-time activation fee.