As used in this chapter, “gift card” means a written promise or electronic payment device that:

(1)  Is usable at a single merchant or an affiliated group of merchants that share the same name, mark, or logo, or is usable at multiple, unaffiliated merchants or service providers;

(2)  Is issued in a specific amount;

(3)  May or may not be increased in value or reloaded;

(4)  Is purchased and/or loaded on a prepaid basis for the future purchase or delivery of any goods or services; and

(5)  Is honored upon presentation.