Gift voucher query

[sallyann16]

When you buy, for example, a £20 Boots voucher, does that branch of Boots take the money for itself, or does the money go to the branch in which you spend the voucher?

[EvianBaby]

Well the branch you buy it in takes the money but it's not like they keep it themselves, it all goes into the same place eventually.

[erin-x]

The money will go to the store where you bought the card because you paid for it with cash/credit.

[erin-x]

It will go towards that stores sales though.

[factor-fiction]

The voucher is just another form of cash. The has store that sells the voucher has really just exchanged a voucher worth £20 cash for £20 cash. The store that sells an item receives a£20 voucher as payment for some goods. That voucher is worth as much as £20 in cash.
I think though that stores may be incentivised to sell vouchers- maybe they are valued by the head office at £15 say and the store is credited with £20 for a voucher sale
Can I ask why you are asking?

[sallyann16]

Well the reason I ask is because the Boots card I got for Christmas says on the back "If it is suspected that you are withholding funds from this card, it will be invalidated."
I wondered why they are bothered as to how long it takes you to spend it, when they have already received the cash?
That's why I asked if they don't actually get the cash credited until the giftcard is spent - are you with me?

[EvianBaby]

It's probably just so they legitimately have a reason to keep the cash in return for absolutely nothing when people forget to spend their gift cards.