Are Visa Gift Cards (non-reloadable, purhcased for a specific dollar amount) considered stored value cards? If so, are they considered open system prepaid cards?

Yes and maybe.

Open system cards operate on major credit card networks and can be used anywhere that the network brand is accepted, with certain exceptions. This usually includes use at ATMs. These cards are similar in appearance to traditional debit cards and may be embossed with the cardholder’s name.

Semi-open system cards generally have the same features and limitations as open system cards but can’t be used to access cash at ATMs.

Closed system cards operate on merchants’ internal networks and can be used only to conduct transactions within the specific payment system(s) for which they were intended. Store gift cards are examples of closed system cards.

Semi-closed system cards may operate on major credit card networks and carry a major credit card network brand. Closed and semi-closed system cards are generally anonymous, are issued in preset dollar amounts, and are not reloadable. All prepaid stored value cards draw value from funds provided to the program manager or a designee prior to use.