Gift cards are used as a sort of prepaid debit cards with funds loaded in them for future use. A gift card is pleasant way to gift someone with the flexibility and freedom to buy what they want. Gift cards could either be a physical or digital gift. The former can be used in stores while the latter is used online and sometimes can be added to mobile wallets.
According to a report, in 2017, the global gift cards market was valued at approximately 320 billion U.S. dollars and was forecast to reach a value of 510 billion U.S. dollars by 2025.
In Nigeria, there are many online platforms where gift cards can be converted to cash as there are not popular for making transactions. The money can be paid directly into you bank account or converted to Bitcoin. Here are the top 5 platforms where you can sell and reedem gift cards in Nigeria
- GiftCards to Naira
This is a reliable gift card exchanger in Nigeria. This app helps to reedem, sell or trade gift cards for instant cash. The platform buys your gift card and pays in Naira, Bitcoin or Ethereum.
You can sell up to 25 different gift cards on the app. They support Steam, Apple iTunes, Sephora, Google Play, Nike and more.
2. Cardtonic
It is a modern gift card exchange platform available on the web, to iOS and Android. It offers safe and secure platform with best interest/rates for your gift cards. The app accepts iTunes, Amazon, Stem Wallet, Google Play, Nile, Best Buy and more. The platform has over 100,000 installations on Playstore and with it you can sell gift cards within 5 minutes.
3. Presmit
Presmit is a user centric platform designed to trade, buy and sell various digital assets including gift cards, airtime and data top-up. It gives the best value returns for your gift card assets.
The platform offers 3 payments method for gift card transactions, you can be paid in Naira, Bitcoin and the same time, you can convert your gift card to USDT.
4. Patricia
Patricia also offers the best rates to sell your gift cards and in Naira or BTC. It is secured and also have good customer support. With Patricia, you can buy or sell gift cards and Bitcoin of any value, store them in a BTC or local currency wallet and smoothly switch between the two for everyday transactions like airtime, data, and cable subscriptions.
5. NOSH
NOSH is another application for trading gift cards directly on your Android smartphone. The app was built with its users in mind, it sure features what you’d expect to see on a gift card trading app, features such as redeeming your gift cards within minutes, 24/7 availability and uptime, responsive customer service and in-app live chat and the app is also coded with high-level encryption, trust and security.