What is a prepaid gift card?
A prepaid gift card is a type of gift card that is pre-loaded with a fixed amount of money. This way, the recipient can buy whatever they want from the store without having to worry about running out of money. You can give a physical card that looks a lot like a credit card or you can give a digital gift card by email. The person receiving the gift will know it's from you.
The first prepaid gift cards were introduced in the 1990s. They are a type of stored value card, like a phone card or an arcade token. The idea behind this was to make it easier for people to give gifts without having to guess how much money they should put on the card.