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  • Report:  #1503906

Complaint Review: yiftee

yiftee yiftee gift cards Retain GC funds over extended period of time Menlo Park California

  • Reported By:
    Dan — Midvale UT United States
  • Submitted:
    Fri, January 15, 2021
  • Updated:
    Fri, January 15, 2021

Do not do business with them under any circumstance!  yiftee collects the payment, then the retailer has to wait for the customer to activate the gift card, to then get paid on the 5th day of the following month.

What does that mean?  suppose someone buys a gift card any day of December, but the person receiving the gift card decides not to activate the gift card until some time in January, we would only receive the payment for the gift card on the 5th day of February.  you are essentially lending them money for free!! If the customer never activates the card, it's free money for them!  That's absolute THEFT!

Any other Gift card system you get the money deposited into the account the very next business day! Somehow they are recommended by TSYS/CAYAN! it's unbelievable!

Respond to this Report!