Visa gift card scams are one of the most famous prepaid card scams and have affected many people. People buy these prepaid gift cards which claims that this card can be used for payment at any store that accepts Visa cards. People buy these lucrative cards because they are prepaid and can be used at their convenience but when they present these cards for swiping at counters, these cards get rejected and they stand in the money loss. While there are other cases when the card is accepted anyhow but the store where is accepted is charged by the bank later saying that the transaction was false. So in any case the fraud goes on.
We will explain here some of the cases which happened in actual and explain the incidents of visa gift card scams.
An incidence happened for visa gift card scam in a book store. A scammer came to the store and picked the most expensive book from the store. He presented a vanilla Visa Gift card to the clerk accepting payments. The clerk swiped the card and the card did not ask for any authorization code. However the receipt showed “Forced Sale” written on the top of the receipt. This thing was not unusual to the clerk as usually in a forced sale the card verification is left for future and payment is done. The guy went back with the purchase and later the bank contacted the store and said that the payment was false with the incorrect authorization code. The store had to pay the bank due to the chargeback asked by the bank.
In a book store a person arrived on Saturday when everyone was very busy in arranging the store. He picked out some expensive books from the store and presented the Visa gift card to the clerk. Clerk swiped it in the machine and it did not work in the first instance. Clerk told that the card is not working. The person said that sometimes these cards do not work and you have to enter a code to make it work. Clerk agreed and he told the code and it went through. The clerk did not realize that it made an offline transaction and the payment was done. The scammer took the books and went through.
Though there are a hundreds of visa gift card scams in US and other states it is the responsibility of the persons buying these cards. They should verify the card vendors and should not spend their money in these types of unauthorized cards. It is better to use the normal credit cards verified by VISA or MASTERCARD which are safe for your transactions.