Gift card exchange is now a common practice in Nigeria and no doubt that more people will still utilize this opportunity.
The exchange of gift cards shouldn’t come with stress at all.
Discovering the right place and method to do this seamlessly will be the sweetest thing.
However, gift card scams are a thing online these days. This is a bother to many gift card traders. There is some good news by the way. The folks at Nosh built the app for you to enjoy a safe, quick, and smooth process of redeeming all kinds of gift cards.
Gift card exchange is as seamless as possible with Nosh.
You can exchange your gift cards for naira or cedis because it is available in Nigeria and Ghana residents. Due to the high rates, you’ll receive, it’s one of the best apps for gift card redemption in Nigeria.
With Nosh, you can also purchase gift cards. Buy or Sell Steam, Google Play, eBay, Itunes, Amazon, and many other kinds of gift cards on the Nosh app.
In addition to gift cards, Nosh also lets you buy airtime, and data, save money and pay your bills.
What is Gift Card?
Gift cards are used to pay for goods online or at physical stores instead of using your credit or debit cards.
These unique cards function as a kind of prepaid debit card with money loaded in them for future use. If you possess one of these gift cards, you can sell it for actual cash, bitcoin, or other cryptocurrencies on platforms that offer these services.
When you sell your gift cards on shady websites or applications, it might be extremely difficult to exchange them for cash in Nigeria.
For you to sell your gift cards quickly and safely, I will explain how you can use the best app for gift card exchange here.
Types of Gift Cards
There are two major kinds of gift cards. Find them below:
1. ClosedLoopGiftCards.
2. OpenLoopGiftCards.
1. Closed Loop Gift Cards
Retail stores sell Closed Loop gift cards that may be used to buy goods from their stores, such as an iTunes card or an Amazon gift card.
Gift cards that are closed-loop can only be used once and cannot be loaded. A closed-loop gift card’s funds have an expiration date.
Therefore, you must utilize the money within the anticipated duration; after you’ve used the money on the card, it can no longer be used.
The best uses for closed-loop gift cards include weddings, baby registries, and extra gifts.
Closed Loop Gift Cards is also referred to as Store Cards.
2. Open Loop Gift Cards
An Open Loop gift card is a debit or credit card that may be used in any location that accepts the card, including online retailers that take Visa, Mastercard, and other major credit cards.
Being reloadable, as opposed to Closed-loop cards, is one benefit of Open-loop gift cards.
This allows you to load money onto the card whenever you choose, as well as sell the gift card for cash.
The main distinction between Open Loop Gift Cards and Closed Loop Gift Cards is that the former can have its funds redeemed for Cash using a gift card trading program, whereas the latter can only be used to make purchases in physical stores.
Open Loop Gift Cards is also referred to as Cash Cards.
How to Activate a Gift Card?
Prior to usage, certain gift cards must be activated; but, as soon as they are, you can begin using them.
Step-by-step guide on how to activate your gift card.
â—Ź Buy/Order the gift card from a merchant or online store.
â—Ź To view the Activation Number, remove the sticker.
â—Ź To activate the gift card, go to the URL on the card or dial the cellphone
number.
â—Ź Send the code after entering the identification number and activation
code for the gift card.
â—Ź As soon as the procedure is finished, your gift card will be activated.
This is the information you require if you want to activate a Visa gift card or a Google Play gift card.
To activate any gift card that needs activation, simply follow the instructions above.
How are gift cards made active? After the system has processed the code, your gift card will be activated and the cash will be credited.
Benefits of Gift Cards?
As a gift card dealer or buyer, it is recommended that you purchase gift cards rather than making online credit card payments.
The following are the reasons or advantages of using gift cards to pay for things online.
â—Ź Gift cards are sold in the retail/reseller store in order to generate an upfront profit.
â—Ź A gift card’s initial value rises after being redeemed.
â—Ź When using gift cards to make purchases, you get the best price.
â—Ź The merchant fees collected when gift card holders redeem their cards
are profitable for banks and credit card companies.
● You gain money when you use the best gift card trading app to redeem and sell your gift cards for cash.
How To Trade on Nosh App?
- Download the Nosh Mobile App from Google Play Store or Apple Play Store.
- Sign up for a new account or log in with your correct details.
- Swipe to select your gift card category or select it from the drop-down list
- Choose your gift card subcategory.
- Input the amount you want to sell.
- Select the currency you want to be paid.
- Upload the gift card picture or input the e-code.
- Tap on “Sell”
- You will be notified after the trade has been confirmed. Proceed by clicking on “Submit”.
Conclusion
In conclusion, exchanging gift cards via the mobile app has a number of advantages, especially when doing so using the Nosh app.
When you sell your gift cards through the app, you may take advantage of transactions that are seamless and easy.
Nosh is the best option if you’re looking for the Best App to Redeem Gift Cards in Nigeria and receive an immediate cash payment.
Use this guide and the instructions above to easily exchange your gift cards on the Nosh app.
Cheers to making cool cash!
Emeh Achanga,the CEO of the Miss Petite Nigeria Brand is a lawyer turned blogger. She is very passionate about writing, with several publications and awards to her credit .She is currently working on publishing a collection of short stories which are basically a memoir about her exciting true experiences.
