It’s gift card season.
Restaurants sell the bulk of their gift cards during the holiday season and the big change this year is that Cyber Monday has become the new Black Friday. When the Paytronix data specialists looked at the numbers, sales of eGift cards outpaced physical cards when it came to year-over-year growth.
Of course, the big news of 2022 remains inflation, and that’s what brought Rachel Wolfe at the Wall Street Journal to look at gift cards.
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