Gift Card Terms & Conditions

These are displayed when the purchaser is buying a gift card online and is also displayed on the digital gift card. It is the venue's responsibility to ensure Terms & Conditions are printed on physical gift cards and that they adhere to your local legislation

Australia

The Australian Securities and Investments Commission (ASIC) has set requirements for vouchers and gift cards, based on the Corporations Act 2001. Vouchers and gift cards:
• Must clearly display the expiry date. This includes the activation expiry date for cards that need to be activated before use
• Can be used more than once
• Cannot be reloaded (i.e. the value cannot be increased or added to)
• Cannot be redeemed for cash unless there is a remaining amount that, in your business’ reasonable opinion, cannot be conveniently used


USA

In 2009, The United States Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act, which set consumer protections for gift cards based on many state laws:

  • The law provides that gift cards cannot expire within five years from the date they were activated and generally limits inactivity fee on gift cards except in certain circumstances, such as if there has been no transaction for at least 12 months.
  • The federal law creates a floor for regulation and leaves room for state regulation on redeeming gift cards for cash and unclaimed property provisions.

Gift Card Terms & Conditions

• No cash refund and not redeemable for cash
• Gift cards are non-transferable
• Any additional cost exceeding the value of this voucher will be paid by the redeemer
• This voucher is valid only at (Name of the company and branches)
• In the event of any dispute, the decision (Name of the company) is final
• (Name of the company) reserves the right to amend these terms and conditions without prior notice


Other optional terms and conditions:

• Voucher validation is required by authorised person only
• This voucher entitles the bearer to redeem the product specified herein Specifically for gift cards that aren’t credit based: This gift voucher is only good for a single transaction; any remaining amount is not exchangeable for cash or another voucher and will be automatically forfeited points

 
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