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Old 06-06-2015, 01:09 PM   #32530 (permalink)
fiddler
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Quote:
Originally Posted by Engine View Post
Okay, thanks. That explains some of it but I'm having a really hard time wrapping my mind around the economics of the whole transaction. Either way it sounds like the gift card industry is one that I want to get involved in - it must be easy money if they can just write off that much.
I would assume they'd have some sort of insurance or otherwise for occurrences like this. It's probably not something that happens every day, but it probably does happen every now and again.
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