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Visa
Visa

Financial services / Payment technology and services

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Risks

1. Limitations and Restrictions - Visa gift cards typically have restrictions such as spending limits and expiration dates, so cardholders may be unable to access their funds after that time.


2. Fees - Visa gift cards may have fees associated with them such as activation fees, dormancy fees, ATM usage fees and replacement fees.


3. Fraud/Theft - Cards can be subject to theft and fraud if the card number is exposed or stolen.


4. No Liability - Visa gift cards do not have the same amount of protection as a debit or credit card. This means that if your card is stolen or used without authorization, there is no guarantee you will be able to recoup the funds.


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