Gift Cards are a type of debit card, containing a specific amount of money, that can be used for a variety of purchases at a specific brand. A $100 Nike Gift Card can be used to buy footwear, clothing, accessories, and other items from $1 – 100, particularly at Nike. The actual purpose of gift cards is to create an alternative means of payment at a brand. Which in turn, simplifies payments. However, over the years, gift cards have now developed a new use, they serve as a means of exchange. This has now given birth to gift card trading.
What is Gift Card Trading?
Gift Card Trading in the simplest term is the exchange of gift cards for monetary value. Although the ideology behind gift cards is a brilliant idea, there’s still a drought in the percentage of usage of these digital assets at their brands. Approximately $1 Billion worth of gift cards goes unused yearly. It is not that people enjoy wasting them, but some never get around redeeming these cards due to their relevance to them. Especially gift cards acquired as presents. For example, I would probably never redeem a Sephora gift card, because I simply do not have use for it.
Now thanks to gift card trading, I can get cash back from such a gift card, instead of allowing it to waste.
Gift Card Trading in Nigeria
There is no denying that the adoption of gift cards in Nigeria has massively improved. However, there is a new vice attached to selling your gift cards in Nigeria which is the rampant rate of gift card scams in the country. Sadly, almost every gift card owner in Nigeria has been a victim of this. Although there are few card owners that did not take the appropriate precautions, gift card scams could happen to the best of us.
How Can I Sell My GiftCards Safely In Nigeria?
To avoid the heartache of being ripped off from your hard-earned gift card, the best platform to trade your card is Cardtonic. It is a modern gift card exchange platform that continuously displays transparency in its transactions since its inception.
What Gift Cards Can I Sell On Cardtonic?
You can probably sell any big brand gift card in the world on Cardtonic. This platform trades practically all the major names in the game. Some of which include: iTunes, Amazon, Steam, Google Play, Apple Store,eBay, Walmart, Sephora, OneVanilla, Nordstrom, Target, Nike, Macy, Gamestop, Xbox, Vanilla, American Express (AMEX), Foot Locker, Visa, Play Station, and many others.