The use of gift cards as gifts is on a steady rise in countries like the USA, England and Canada. Regular gift-givers have turned to gift cards to show loved ones how they feel about them. Nigerians aren’t left out of the gift cards boom but not in the same capacity as the foreign countries. People in Nigeria occasionally receive gift cards from their loved ones abroad but the shortcoming with that is that most foreign gift cards are not usable in Nigeria. This is why Nigerians are selling their gift cards instantly in Nigeria. Read on to learn all you need to know when it comes to trading gift cards in Nigeria.
Gift card trading is slowly becoming a means of making passive income in Nigeria thanks to gift card exchange platforms. If you are new to gift card trading you would probably be curious as to how to go about selling your gift cards near you. Well, the answer has always been in your hands but you just haven’t discovered it yet. But lucky you, you found the article to help you solve these mysteries.
What Are Gift Cards Used for?
gift cards are used for the following reasons:
- Gifts giving.
- Employee rewards.
- Payment for goods or services.
- And they can be traded for cash or crypto.
Not that gift cards can not be used to withdraw cash from ATMs. They are loaded with a certain amount of money and once the cardholder uses up the money loaded in the card it can’t be used again.
When given as gifts, Gift cards allow the recipient to buy the exact gift they want therefore making them more effective than regular gifts. With regular gifts, the gift giver stands a high risk of buying a gift the receiver doesn’t like.
There are two major types of gift cards and they are:
- Open-Loop Gift Cards
Open-loop gift cards are gift cards that are redeemable in physical stores or online stores that accept the brand’s debit cards. For example Visa and AMEX gift cards.
The universal nature of open-loop gift cards gives it an edge over closed-loop gift cards which are limited to just the issuer’s stores. For example, you can’t use a Sephora gift card in an Apple Store, but you can use a Visa gift card in a Sephora store if they accept Visa cards as payment methods.
- Closed-Loop Gift Cards
Closed-Loop gift cards are gift cards that are redeemable in the issuer’s online or physical stores. For example Target and Nike gift cards.
An advantage closed-loop gift cards have over open-loop is that the issuers do not charge for activation. This is because, Unlike open-loop cards, closed-loop gift cards were made to be spent on the issuer’s business.
How To Buy Gift Cards
You can either buy gift cards online and offline from the issuer’s website/stores or from other online/physical retail stores.
Where You Can Buy Gift Cards Offline
Here are a few stores you can buy gift cards from in the USA:
- RiteAid
- Staples
- Sunoco
- Whole Foods Market
- Wegmans
- Walgreens
- Safeway
- Lowes
- JCPenney
- A&A Market
- Best Buy
- AAA Club Alliance
- 7-Eleven
- CVS Pharmacy
- Corner Market
- Dash In
- Fairway Market
- Food City
- GameStop
- Harmons
Where You Can Buy Gift Cards Online
Most brands sell their gift cards on their websites but there are independent online gift card retailers. Here are a few websites you can safely buy gift cards online from:
- Omegaverified.com
- Giftcards.com
- Giftcardgranny.com
- Amazon.com
You can either buy physical gift cards and have them delivered to your house or order an eGift card that will be delivered to the receiver’s email.
Back to the topic of the day, selling gift cards instantly in the Nigeria. Before you start trading you need to know how to check your gift card balance to make sure you have sufficient money loaded on them and what brands of gift cards sell for the highest rates.
Top 10 Gift Cards That Sell at Highest Rates
When it comes to gift card trading in Nigeria, there are a few gift cards that sell at high rates. Here are the 10 most profitable gift card brands in the Nigerian Market:
- Amazon gift card
- iTunes gift card
- Google Play store gift card
- Visa gift card
- Mastercard gift card
- American Express gift card
- eBay gift card
- Sephora gift card
- Best Buy gift card
- Steam gift card
Now that we know what we should know about gift cards before trading them in Nigeria, it’s time to focus on the other half of the trade, the gift card exchange platform.
What is a Gift Card Exchange Platform
These are automated digital platforms where gift card traders can sell their gift cards for a form of payment. In simple form, they are websites where people sell gift cards for cash or cryptocurrency.
Thanks to gift card exchange platforms, gift card holders in Nigeria now have an outlet to make their gift cards useful. But one thing most gift card traders fear the most is losing their gift cards to fraudulent sites and selling at low rates.
- A good gift card exchange platform must, I repeat, must have a responsive customer support system.
- Instant payment should be guaranteed on the platform. You do not want to complete a transaction then wait for hours or days to get paid.
How to Sell Gift Cards Instantly Near You in Nigeria
Looking for a gift card exchange platform near you to trade your gift cards? The answer has always been closer to you than you imagined. Xpresstradez is a gift card exchange platform where traders get the best value for their gift cards.
The gift card trading website has all the criteria of a good gift card trading platform listed above.
How To Sell Your Gift Cards On Xpresstradez
Follow these easy steps to trade your gift cards on Xpresstradez:
- hello Click here to get redirected to our customer care services.
- Specify the type of gift card you want to trade.
- Specify the amount of the type of gift card you have.
- Upload the card picture or write out the code if necessary.
- Specify how you would like to receive your payment, in cedis, naira,bitcoin,paypal,,momo, etc.
The admin after receiving the trade details, will notify you once the transaction is done.
Wait for 5-15 minutes to get paid.
You can request to be paid in Naira or crypto by specifying any of the currencies as your Payment method. Now you know how and where to trade your Amazon gift card, if you have been gifted one in Nigeria or Ghana or gotten from an online purchase and you wish to trade for either naira or cedis, please CLICK HERE to trade your Amazon gift card now.
In Conclusion
Gift card trading looks like a trend that is going to be around for a long time to come to Nigeria, so why not join the train and trade your gift cards on a reliable platform like Xpresstradez.
https://Xpresstradez.com/how-to-sell-gift-cards-in-nigeria/
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