By default, any gift card created by our Govalos app does not have an expiry date due to legal constraints. Under US law, a gift card cannot expire until at least five years from the date it was activated. In addition, some states have separate laws that provide added protection in certain circumstances.
However, you still have the option to set the Expiry/Expiration date by yourself if it is legal in your country/state. To determine any regulations that apply to you, such as whether to charge tax or for how long a gift card must stay valid, consult a local tax or legal expert.
To learn more about the laws protecting consumers who purchase gift cards, you can refer to the below links:
- National Conference of State Legislatures (NCSL): Gift Cards and Gift Certificates Statutes and Legislation
- Federal Trade Commission (FTC): FTC Has Gift Card Tips for Holiday Buying
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