A Town and City Gift Card is a pre-paid mastercard that is designed to lock in additional money for participating businesses and encourage local spend.
A Town and City Gift card can be in two versions, either:- A Physical Card which is accepted by swiping the card through the magstripe reader on your card terminal or;
- A Digital Card which is added to the customers Apple Pay, Google Pay or Samsung Pay Wallet
There are no additional costs to accept the Gift Card, it’s charged at the same rate as a normal MasterCard Debit Card transaction. As the payment is a MasterCard transaction, you’ll receive the funds from your acquirer for the transaction as per your Merchant Acquirer Agreement.
In order to accept the Gift Card, you will need to process a declined transaction through your card terminal. This enables us to pick up your Merchant ID and add it to a list of approved Merchant IDs. You do not need to install any software or additional hardware to accept the Gift Card.