Pennsylvania retailers are making it harder for scammers to take your money with a gift card scheme.
With coordination from the PA Attorney General’s Bureau of Consumer Protection, retailers have significantly reduced both the monetary limit that can be placed on an individual gift card and the total amount that can be loaded onto gift cards during the same transaction.
Retailers placed new restrictions on the redemption of their retail gift cards for third party cards such as iTunes, Steam, or Google Play. Scammers often use the proceeds of fraud to purchase these third party cards because they can be resold on the black market.amount that can be loaded onto gift cards during the same transaction.
Retailers like Walmart, Target and Best Buy have also committed to train employees to identify the warning signs of gift card scams and warn potential victims when appropriate.
Click here to visit the PA Attorney General’s website for details on the new protections.