A gift card is a prepaid stored-value money card issued by a retailer, bank, or company to be useful as a cash substitute for transactions within certain stores or online platforms.
In other words, a gift card works and looks like a debit card from your bank, but it is in disguise as cash. You can then utilise the prepaid money, which serves as the gift card’s recipient, to make a variety of allowed online or in-person retail store transactions.
It is critical to understand that you cannot withdraw the money loaded onto the gift card; instead, you can use the card to make transactions. In Benin, Nigeria, there are several gift cards you sell for cash or cryptocurrency on different platforms. Notable amongst these cards are iTunes gift card, Steam gift card, Amazon gift card, Google Play gift card, Sephora gift card, etc.
With just a few clicks on the internet, you can easily purchase and sell anything you desire. It is now feasible for you to sell any gift card online with only a few clicks. You may quickly sell your gift cards online in Nigeria on various websites and receive payment from the purchasers of these cards.
Every year, gift cards worth over $1 billion is lost and wasted. Millions of people around the world are losing out on a significant amount of money.
What Are The Different Ways Of Redeeming Gift Cards In Nigeria?
1. Physical Store
To be functional, the card issuer must be physically present in Nigeria. For instance, a gift card retailer offers gift cards or certificates through its physical storefronts in Nigeria (both the same). It suggests that if you have their gift card, you can go to the store, make the purchases the card is good for, and then use cash to pay.
For instance, Spar provides gift cards or gift certificates in its physical locations in Nigeria (they are identical). It means that if you have a Spar gift card, you can use it to visit their locations, make the purchases that your card allows, and then pay with cash.
2. Online Redeeming
You can quickly redeem your gift cards online. To save, sign in to the website or app you want to use. Visit the gift card redemption option. Enter the desired purchase amount next to the gift card pin in the space provided. To conclude, you click “Redeem.” You can use this method for websites or applications. Google Play Store, iTunes, and other shops with gift card-compatible apps are a few examples.
3. Selling For Cash
You can exchange that gift card for naira in Benin. List it for sale on a company that buys and sells gift cards for reasonable prices. Prestmit is the most reputable website in Nigeria and Ghana for selling gift cards. They give the most excellent rates for gift cards and pay with the quickest turnaround times, two characteristics that keep them afloat in Nigeria’s gift card trading market.
Best Places To Sell Gift Card In Benin, Nigeria
One of the best platforms to sell gift cards online in Nigeria for quick cash is Prestmit. The user-friendly design and attractive gift card rates are what we enjoy best about this gift card.
The fact that Nigerians created Prestmit for Nigerians is its best feature. Using a desktop computer, tablet, or mobile device, it offers an intuitive design that makes it simple to buy and sell gift cards.
Then there are attractive low gift card prices. On Prestmit, there are over 20 different types of gift cards you can sell for cash or Bitcoin, and you can buy and sell them at the lowest prices in Nigeria. Additionally, Prestmit offers a ready-to-assist customer support team on call.
Cardtonic is an excellent place to buy and sell gift cards, Bitcoin, and other cryptocurrencies in Nigeria. It is a trustworthy and dependable site for selling gift cards at competitive prices.
You can quickly sell your gift cards on the go with the help of Cardtonic’s mobile app. You can sell various gift cards on this exchange, including those from Amazon, Walmart, Steam Wallet, iTunes, Nintendo, and Google Play.
On both Android and iOS devices, users can download the Cardtonic mobile app. Less tech-savvy folks can easily use the app because it is simple to use and intuitive. The best part is that Cardtonic is reliable, secure, and doubly encrypted, so you don’t have to worry about gift card scammers.
A unique service Snappy Exchange provides is the opportunity to trade gift cards. They provide an extensive range of cards from several merchants and offer immediate payment. If you’re looking for a straightforward way to sell gift cards online, SnappyExchange is a fantastic choice.
Additionally, they allow you to purchase airtime, data, and bill payment options, which might be a terrific method to top up your phone or pay your expenses.
Furthermore, they enable you to purchase and trade Bitcoin and other cryptocurrencies. It might be a perfect strategy to invest in cryptocurrencies and profit from their price swings. Snappyexchange.com is an excellent website with various services that anyone may utilise.
Legitcards is one of the trusted platforms for selling gift cards in Benin, Nigeria. The company’s total transparency is one of its best qualities. The full value of your gift card is transferred to your bank account in Naira as you start trading it, with no additional fees.
Legitcards gives the most acceptable market rates, according to numerous traders. Check out Legitcards if you want to benefit from high speeds and the best trading experience.
You don’t have to register with Legitcards to exchange your gift cards for cash, which is an additional benefit. They have taken care of all the paperwork and formalities involved in the gift card exchange for you. They are prepared to buy if you have a card to exchange. Anywhere, at any time.
CardCash is a platform that offers the best choice for selling gift cards. It is essential to trade in your Amazon gift card, which may boost your revenue by 11%. CardCash is an online exchange where you can trade gift cards for other gift cards or sell unused gift cards for cash. It is a fantastic location in Nigeria to also offer gift cards online.
How To Sell Gift Cards On Prestmit
1. Create a Prestmit account and log in to get started.
2. Select “Start Trade”.
3. Click on “Sell Gift Card” and navigate down the page to fill necessary details.
4. Click on “Category”. On this page, you select the type of gift card you want to sell.
5. Select the “Amount” of the gift card you want to sell. The amount of the card in naira can be calculated by an automated gift card rate calculator concerning current rates.
6. Click on “Payout Method”. You have the of receiving payment in naira or cryptocurrency (BTC or USDT).
7. Upload the gift card image if you sell the physical card. But you will enter the code in the comment section if you sell an Ecode card.
8. Click on “Apply, and you will receive payment immediately.
Gift cards are undoubted of great worth in exchange for cash in Benin, Nigeria, but as the buzz about its resale increases, it is essential to trade with trusted gift card trading platforms like Prestmit.