How do stores and companies make money off of gift cards? 1.93K viewsJanuary 3, 2024 Question90.77K February 23, 2020 0 Comments Like how does the store or company profit off of a $20 gift card that costs $20? In: Economics 8 Answers ActiveNewestOldest Anonymous Posted February 23, 2020 0 Comments Many gift cards start off with a $5-10 “activation fee” This money, minus taxes, is pure profit for the company. Companies also make money off gift cards that aren’t their own. You are viewing 1 out of 8 answers, click here to view all answers. Register or Login
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