As we approach the 2020 holiday season, gift card fraud is becoming more and more prevalent. Many consumers purchase gift cards during the holiday season for their convenience and quick delivery. According to the National Retail Federation, 54% of consumers will purchase gift cards in the 2020 holiday season. It is estimated that consumers will spend over $27.5 Billion this year on gift cards alone. Read more about how gift cards are leading to more and more fraud.
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