1. What happens if I forget about my GiftRocket? Yes, you could say the same about gift cards, but those are physical items I can keep in my wallet and discover months later. If I forget about a GiftRocket, what happens...? Do I get a notification that it's gone unused after a set period?
2. Will you notify me upon entering a restaurant that I have a GiftRocket, or must I remember that I have one?
3. Are you linking paypal transfers based on location? So I have to be at said restaurant for me to get my money that my friend gave me? I get it's not that much different from a gift card, but the actual card itself carries an inherent value. I will always have it, and it will always be worth a certain amount given the expiry date has not passed. It seems like my gift is locked somewhere in your cloud until I have proven to you that I am at a given location.
4. Do many people even use paypal to buy food when they're out?
5. If yes to 4, are the paypal transfers instant? It would seem kind of bizarre to eat at Bill's Burritos using my credit card, and then redeem my GiftRocket thinking to myself "It's ok, the cost of this meal will be compensated to me in a few days' time pending my GiftRocket transfer."
I'm sorry, I just don't see it. I feel like there's a lot being hidden from the user here. A gift card is something delivered to me by the the gifter -- there's no middle man putting a restriction on when you actually receive your gift card. And when I lose a gift card, it's money I've lost somewhere in my nightstand, not money I've left in my gift card broker's pocket.
Maybe I am wrong.