Finance Updates

Get to know the difference between Physical Cards and Gift Vouchers and Ecodes in Nigeria.

A gift card is also known as a gift certificate in North America, or a gift voucher or gift token, in the UK is a prepaid stored-value money card.

This is usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.

Gift cards are also given out by employers or organizations as rewards or gifts.

They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards.