A monetary instrument pre-loaded with a value of one hundred U.S. dollars, redeemable for merchandise or services at Walmart retail locations and online. This instrument functions as a substitute for cash within the Walmart ecosystem, allowing recipients to acquire goods without utilizing personal funds directly.
The utility of such an instrument lies in its versatility as a gifting option, providing the recipient with the freedom to select items of their choosing. Its fixed value presents a controlled spending limit, facilitating budgeting and preventing overspending. Historically, similar instruments have evolved from paper certificates to digital formats, increasing convenience and reducing the risk of loss or damage.