The Division shall: Create a model notice regarding open– and closed–loop gift cards for use by merchants that: Cautions a consumer about gift card scams; Instructs a consumer on what to do if the consumer suspects the consumer may be a victim of a gift card scam; and Indicates a gift card may not be used to pay debt; Issue guidelines regarding the detection and prevention of open– and closed–loop gift card fraud that include: Information that raises public awareness about gift card fraud; Information about how common gift card fraud schemes work; and Best practices for a merchant to prevent gift card fraud; and Make available online and periodically update the model notice and guidelines required under this section.