A gift card is a prepaid payment card which contains a specific amount of money that can be used on a variety of electronic payment methods as an alternative to cash for purchasing products and services. It can be understood as a prepaid debit card which comes with preloaded funds for future use. The Gift Cards are generally of two types open loop and closed loop cards. And both cards can be used typically be used online and in person.
Gift cards will generally have minimum and maximum loading amount. And in between the card comes in different denominations of choices. For security precaution to mitigate the risk of losses, many gift cards can also be registered online which allows the remaining balance to be tracked and frozen if a card is lost. In this way some gift cards safer than cash but this is not the case with every gift cards. For business, Gift cards are also a good way of their promotion strategy. It entices the customers with exclusive offers and discounts, so the customer frequently gives them the business.
How to Sell Gift Card:
Gift cards are one of the most popular choices of purchase for customers. But when you are about to sell your gift cards, you should be little aware. It is advisable that you go with a company that has a good reputation and the company should be legally incorporated and have transparency in its process. So to find such platform to sell gift card,
- Make a google search with the phrase sell gift cards; you will see some website and mobile apps as a result,
- Then compare the various plans and offers of the different platforms listed for your card,
- The best way to find service quality of the platform is by checking its google reviews, so if the platform has any unbiased review on google you should consider going through them once,
- Contact their customer service center and try to understand the process of their working and ask your query, if you have any,
- Once you have decided your platform half your job is done, now list your card on the platform of your choice with the details you will be asked to fill along.
How to Sell Gift Cards in Nigeria:
If you wish to get the Nigerian currency naira in exchanged with the gift cards, then you need to follow the following steps,
- Make a google search with the phrase sell gift cards for naira; you will see some website and mobile apps as a result.
- Now compare the plans and offers of the different platforms, but the foremost thing is check for the authenticity of the platform.
- Reading the reviews of the platform is also an excellent way to generalize its quality.
- Also, chat with their customer service center and try to understand the process of their working and ask your query, if you have any.