E-Gift Cards – Definition & Detailed Explanation – Gift Technologies Glossary

I. What are E-Gift Cards?

E-Gift Cards, also known as electronic gift cards or digital gift cards, are virtual cards that contain a specific monetary value and can be used for online purchases. They are essentially the digital version of traditional gift cards, allowing recipients to shop at their favorite stores or online retailers without the need for a physical card.

II. How do E-Gift Cards work?

E-Gift Cards are typically purchased online and delivered to the recipient via email or text message. The recipient can then redeem the card by entering the unique code provided on the card at the checkout page of the retailer’s website. The value of the card is deducted from the total purchase amount, and any remaining balance can be used for future purchases.

III. What are the benefits of using E-Gift Cards?

– Convenience: E-Gift Cards can be purchased and sent instantly, making them a convenient option for last-minute gifts.
– Customization: E-Gift Cards can be personalized with a message or design, adding a personal touch to the gift.
– Flexibility: Recipients can choose how and when to use the card, as they are not limited to a specific store or location.
– Security: E-Gift Cards are safer than physical cards as they cannot be lost or stolen.

IV. How can E-Gift Cards be purchased and redeemed?

E-Gift Cards can be purchased from the retailer’s website or from online gift card marketplaces. To redeem an E-Gift Card, the recipient simply needs to enter the unique code provided on the card at the checkout page of the retailer’s website. Some retailers may also allow E-Gift Cards to be redeemed in-store by presenting the code on a mobile device.

V. What are the security measures in place for E-Gift Cards?

To ensure the security of E-Gift Cards, retailers may implement the following measures:
– Unique codes: Each E-Gift Card is assigned a unique code that must be entered to redeem the card.
– Activation: E-Gift Cards may require activation before they can be used, adding an extra layer of security.
– Balance protection: Some retailers offer balance protection for E-Gift Cards, allowing recipients to recover the remaining balance if the card is lost or stolen.

VI. How are E-Gift Cards different from traditional gift cards?

E-Gift Cards differ from traditional gift cards in the following ways:
– Delivery method: E-Gift Cards are delivered electronically via email or text message, while traditional gift cards are physical cards that must be purchased and mailed.
– Redemption: E-Gift Cards are redeemed online by entering a unique code, while traditional gift cards are typically redeemed in-store by presenting the physical card.
– Customization: E-Gift Cards can be personalized with a message or design, adding a personal touch to the gift, which is not possible with traditional gift cards.