Facebook Introduces New Type of Gift Card

Facebook has introduced the Facebook Card, a new type of 'social' gift card that can hold multiple prepaid balances good at different merchant locations.

After you've received a card, the next time you get a Facebook Card gift, it will instantly be added to your existing card. Your card can hold multiple gift balances, and each balance is dedicated to the retailer associated with the gift. For example, you might have gift balances of $100 at Sephora, $75 at Target, $50 at Olive Garden, and $8.25 at Jamba Juice.

The ability to send a Facebook Card gift will roll out gradually to users in the US.