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  2. What is gift card draining? How to prevent getting scammed - AOL

    www.aol.com/news/gift-card-draining-prevent...

    She bought $2,000 worth of Vanilla Visa gift cards at a CVS in New York City only to discover that three of the cards had scuff marks in the spot where the security code is meant to be and that ...

  3. Visa is sued over 'Vanilla' gift card scam - AOL

    www.aol.com/news/visa-sued-over-vanilla-gift...

    Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves. Ira Schuman, who leads the proposed ...

  4. Gift Card Scams: What They Are and How to Avoid Them - AOL

    www.aol.com/gift-card-scams-avoid-them-193519576...

    If you plan to purchase a gift card this holiday season, beware: Scammers are now using them to swipe your money. A study by the Better Business Bureau (BBB) found that gift card scams nearly ...

  5. GiftCards.com - Wikipedia

    en.wikipedia.org/wiki/GiftCards.com

    GiftCards.com is an online gift-card retailer based in Pittsburgh, Pennsylvania. [ 1][ 2] The company sells gift cards for thousands of different large corporate retailers and small businesses [ 3] including Vanillagifts.com, Best Buy, Barnes & Noble, Sephora, Coach, Amazon.com, and others. [ 4][ 5][ 6] The company also offers prepaid Visa and ...

  6. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

  7. Address verification service - Wikipedia

    en.wikipedia.org/wiki/Address_verification_service

    An address verification service ( AVS) is a service provided by major credit card processors to enable merchants to authenticate ownership of a credit or debit card used by a customer. [ 1] AVS is done as part of the merchant's request for authorization in a non-face-to-face credit card transaction. The credit card company or issuing bank ...

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