Dotun is an aspiring footballer. On the side, he sings, and he is quite good too. He recently entered a giveaway competition on IG and won himself a $200 Itunes gift card. Dotun is very excited about the win, but he doesn’t need any item on Itunes. However, he does need a new pair of soccer boots badly, because his current one is in bad condition. There is obviously no direct means of switching an Itunes gift card for new football boots. So what does he do? He can sell the iTunes gift card.
What happens when two friends or colleagues sell the same gift card on different platforms and get very different payouts? If you are the one with the higher payout, you probably wouldn’t question it. But someone would need to explain to Aisha how the same $200 Sephora gift card she sold like Tola gave her a much lesser payout.
This all falls under gift card trading. Under this segment, you learn the full mechanism of how unwanted gift cards turn into cash. You are up to date on the current rates of different gift cards, you also understand the factors that affect gift card rates you know the best gift card trading apps and you know the gift cards with the highest rates at any time.
Gift card trading simply entails the process of getting cash for your unwanted gift cards.
Learn more about gift card trading in Nigeria and Africa using the articles below.
The gift card trading industry is lucrative; people make billions of dollars every year. However, as with all markets, you must ensure you do not make the wrong decisions. Especially as a newbie, you should be wary of certain qualities…
Selling your gift card is not always the best idea. Sometimes, it is best to hold it and probably even use it. As much as we would love to have you exchange your gift card for cash, it is not…
Amazon is the most popular online retail store in the world, and one thing everyone likes about them, especially Nigerians, is that they also ship to Nigeria. Amazon has two different kinds of gift cards: 1. A physical gift card…
One of the best things about American Express gift cards is that they are one of the few gift cards that can be used almost anywhere in the US, as long as they are accepted by the store. This allows…
Many times, when you want to purchase gift cards for yourself or a loved one, you have to do it with the currency of the country you live in. Now, money has transcended the idea of it being peculiar to…
I always talk about how genius the idea of gift cards are and how they can help you plan your finances better. I could go on and on. However today, isn’t going to be about that. Instead, I’ll share the…
Making money is hard, saving it is even harder, thanks to Capitalism. People often say that you cannot save your way out of poverty; while it’s partly true, I also believe that learning how to save your money can help…
What’s better than great rates? Free money! It’s not surprising that most people love receiving gift cards. However, you can make some extra cash by selling your gift cards. Sometimes finding a great platform with amazing rates can prove to…
As the years go by, gift cards are becoming more popular among large retail stores like Nordstrom, eBay, and more. In fact, small businesses are embracing gift cards. This goes to show that the gift card economy will be here…
Gift cards are one of the best gifts anyone can receive because it gives the receiver liberty to choose what they want at a convenient time. The fact that they can be sold in exchange for money suggests they can…
