Story perspectives
Visa Wins Class Action Over Gift Card Scam Lawsuit
6/24/2025
49 9
1 of 1
Story summary
- Visa successfully defended itself in a class action lawsuit over its prepaid "Vanilla" gift cards.
- U.S. District Judge Gregory Woods deemed it unreasonable for consumers to expect complete scam protection.
- The ruling acknowledged existing warnings and public awareness regarding card scams.
- The lawsuit was filed by Ira Schuman after experiencing theft of his gift card funds.
- Visa, based in San Francisco, has not issued a statement on the ruling.
