Card draining occurs when a thief tampers with a gift card and "drains" the money before the funds are used by the consumer. AARP reported last year that 23% of U.S. consumers had given or ...

A Georgia-based company that makes many popular gift cards faces a lawsuit in California alleging it failed to take precautions to prevent scammers from draining gift cards of their value – a ...

If you have a gift card you aren't thrilled about spending, you could turn it into cash. Shoppers do love to buy gift cards – they were expected to be the second most popular gift this holiday ...

"We were informed that it was used for an in-store purchase on Dec. 25, which seemed a little strange to us because no stores are open." The gift card industry in Canada is booming and is expected ...