On a recent episode of NPR’s Planet Money they discussed ways to help local businesses during the current Coronapocalypse. One way is to buy gift cards which act as a 0% loan from you to them.
The statistic that was mind bending is that Starbucks reported in a current financial report that they have $1.6 Billion in “stored value card liability.” In other words, customers have loaned Starbucks over a billion and a half dollars by buying gift cards, some of which may never be redeemed (some estimates as much as 7%).