In a statement published on its website, the Cork-based shopping centre notes, 'Due to circumstances beyond our control, we are currently unable to sell or accept gift cards at Mahon Point Shopping Centre. This situation arises from UAB PayrNet, the payments firm responsible for managing the funds of gift cards, having their licence revoked.
'We understand that this may be concerning and inconvenient, and want to assure you that this issue is not confined to our shopping centre, but it is affecting other centres and service providers across Ireland and Europe that also use the services of UAB PayrNet.'
Resolution Timeline 'Not Completely Clear'
'At this stage, the full implications and the timeline for a resolution are not completely clear. However, we are working closely with the gift card provider and exploring every possible avenue to rectify the situation as swiftly as possible,' it added.
'In the interim, we sincerely apologise for any inconvenience this may cause and appreciate your understanding. We will continue to provide further updates as more information becomes available.'
Mahon Point Shopping Centre boosts over 60 stores including Frasers, Tesco, Sports Direct, Zara and Rituals to name but a few.
This announcement follows the news that Liffey Valley Shopping Centres as well as others, cannot sell or accept gift cards until the aforementioned issue is resolved.