New Jersey could require retailers to collect zip codes on gift card sales
from National Retail Federation
NRF recently warned merchants on a conference call that New Jersey could soon begin requiring retailers to collect zip codes from customers who buy gift cards under a controversial new law that could spread to other states. The move is expected after a court lifted a two-year-old injunction against the requirement, part of a 2010 measure that also allows the state to claim any unused funds that remain on a card two years after it is purchased.
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