NOCTI 1288 Travel and Tourism Practice Test

Prepaid vouchers that can be presented to cover all or part of a service are gift certificates. They are issued with a set value in advance and are redeemed at the time of service, potentially covering the full cost or providing a discount up to that value. A rebate is money returned after a purchase, not a prepaid voucher. A debit card withdraws funds from a bank account, and a charge card requires payment of the balance after use; neither is a prepaid certificate.