WorldGiftCard.com

 

ISO's, MSP's, processors, acquirers, agents and reps - if you are not pleased with the performance, service and support of your gift/loyalty program provider, give World Gift Card a try and find out what a pleasure it is to have a vendor that works for you.

Programs for Merchants of All Sizes

Extensive Online Reporting

Multiple Terminal Types Supported

Excellent Customer Service

Customized Solutions

1-888-745-4112

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The Credit Card Accountability Responsibility and Disclosure Act of 2009 (the 'CCARD' Act) is now law in the United States. It became effective on August 22, 2010 but the rules applying to gift cards were extended by Congress until January 31, 2011. Nevertheless, issuers of gift cards must become compliant with the stipulations of the law, and merchants, retailers and businesses must become familiar with the regulations and, if necessary, modify their existing gift card program. Gift cards may not have expiration dates of less than five years. Dormancy, inactivity and any other service fees must be clearly disclosed to the cardholder. Other rules may apply. State laws that are considered more protective of consumers supersede the CCARD Act rules. Merchants, retailers and businesses that offer a gift card program, and are unsure about the legality of their program policies should contact their legal counsel for additional information.

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