Okla. Stat. tit. 15, § 15-796: Definitions

As used in the Gift Certificate and Gift Card Disclosure Act:

1. “Gift card” shall mean a plastic card or other electronic

payment device which is:

a. issued in a predenominated amount or in an amount

requested by the consumer,

b. usable to purchase goods and/or services only at a

single merchant or group of merchants that are

affiliated through common corporate ownership or

control, and

c. purchased by a consumer on a prepaid basis in exchange

for payment;

2. “Gift certificate” shall mean a written promise which is:

a. issued in a specified amount, indicated on its face,

and cannot be increased in value,

b. usable to purchase goods and/or services only at a

single merchant or a group of merchants that are

affiliated through common corporate ownership or

control, and

c. purchased by a consumer on a prepaid basis in exchange

for payment;

3. “Issuer” shall mean a person or entity engaged in the

business of offering goods and/or services for sale at retail who

sells gift certificates or gift cards to consumers; and

4. “Prepaid service arrangement” shall mean a method to

purchase specific services in advance and which enables the use of

the service through a unique access number or authorization code

provided manually or electronically to the service provider.