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Market Analysis, Insight Recent innovation & upcoming trends Gift Card Market
A gift card is an artificial prepaid debit card that is loaded with a specific amount. It is used for various purposes, such as gifting someone and purchasing things. Most consumers, including millennials and the older generation, have a rising demand for gift cards due to their ease of use and the increasing adoption of smartphone payment technologies. The growing social trends of online gift-giving and rising demand from millennials are expected to drive market growth.Full Access Of report:
https://www.databridgemarketresearch.com/reports/global-gift-card-market
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Gift cards also can increase traffic at a particular store and organization. As it invests two persons into the process, one is the sender, who is giving the gift card, and the second is the recipient, who is receiving the gift card. Many times it happens that the gift card got expires, unused, and the whole amount goes to the organization. Therefore, utilizing gift cards as a business strategy is an essential and cost-effective decision, which is expected to drive market growth.
Key players operating in the market are Walmart Inc., Under Armour, Inc., Givex Corporation, American Express, Target Brands, Inc., Best Buy, Starbucks Coffee Company, PayPal Holdings, Inc., Apple Inc., Sephora USA, Inc., Gyft, Inc., Walgreen Co., TransGate Solutions,
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