Gift of membership is about site members paying to send each other memberships/VIP statuses as a gift. Money gifts functionality lets site members send money gifts to each other.
This is how it works. A person opens the Donations section in their account on the site:
Then they select a site member who they want to send a money gift or a membership gift to, then confirm the transaction, and it’s done.
It is also possible to send a money gift/gift of membership to a person right from their profile page:
The recipient will receive a notification and will be able to accept or decline the gift offer.
When the sender confirms the transaction from the internal account, the cost of the gift (plus commission) is ‘frozen’ on their account. If the recipient accepts the gift, the money is deducted, and if the recipient declines — the money returns to the sender’s account less the commission.