As shoppers continue purchasing gift cards for friends and families, the growing market is of course attracting scam artists who try and drain cards for everything they've got. It's not surprise that NBC News highlighted FinTech Collective portfolio company, Slide, as a simple and safe way to guarantee any gift card - digital or physical, won't be tampered with this season. If you haven't already downloaded the app, now is your chance!
Seven in 10 people plan on purchasing at least one gift card this season, an end-of-year-surge that will bring sales of the most-convenient of presents to more than $131 billion for the year, according to the National Retail Federation. But shoppers aren't the only ones interested in gift cards -- thieves are also cashing in on the trend with a variety of sophisticated scams that can drain your gift card before you've even bought it.