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The growth and popularity of gift cards in the economic sector of the world have been progressing over the years. This popularity can be traced to the increase in smartphone use among people who embrace online shopping. So, the use of alternative payment means like gift cards are more welcoming instead of using cash.
Global mobile payment brands like MasterCard and Visa make the use of gift cards seamless. However, when it comes to the use of gift cards in Nigeria, it is better to sell them.
Nosh is the best gift card trading app in Nigeria that offers the best rates to its users. This article is to inform you about the amazing benefits associated with this platform. Buy and Sell Gift Cards at the best rates in Nigeria on the Nosh app/platform.
Types of Gift Cards
There are two main types of gift cards including Open-loop and Closed-loop gift cards. They each have their own advantages and disadvantages. Gift card is also available in two different forms which are physical gift card and digital (E-code) gift card.
- Open Loop gift card: An open loop card is a multipurpose charge card that can be used any place that particular brand of card is approved. Examples include American Express, MasterCard, and Visa.
- Closed Loop: A closed loop gift card can only be used at one brand or family of brands. For instance, Best Buy gift cards are exclusively used at their physical and online stores.
How to Redeem Gift Card?
The process is not particularly complicated. A gift card can be redeemed to make purchases from a physical store or an online retailer, or by exchanging it for cash or virtual currency via a secure app.
Depending on why you want to utilize a gift card, there are various ways to go about it.
Different Ways to Redeem Gift Cards in Nigeria
The are three most common ways to use gift cards in Nigeria.
- Through the card issuer’s physical store.
- Online redemption
- Convert to naira
1. Through the card issuer’s physical store.
There are certain gift card issuers that have physical stores in Nigeria. A good example is Shoprite. If you won any of their gift cards, you only need to walk into the store to redeem and buy any items your card value covers.
2. Online redemption
You can redeem Apple gift cards, Amazon gift cards, Steam gift cards, and other kinds of gift cards quickly online.
All of these brands have an official website where you can visit and redeem your card. Sign in on the website or app, whatever one you wish to use. Click any option directing you to redeem gift cards. Input your card number and PIN in the required field. Tap on “Redeem” to proceed.
3. Convert to naira
Another great way to redeem gift cards in Nigeria is by converting to naira. All you need to do is get a reputable website that buys and sells gift cards. No stress thinking about which platform to go for. Nosh encompasses all the great qualities you will love.
Is Selling Gift Cards Permitted in Nigeria?
Converting your gift cards into a certain amount of money based on what is available o the trading platform isn’t a dubious act. Whether you bought the card or given as a gift, it is legal to sell once it is for you. What is illegal is attempting to sell a gift card that doesn’t meet the card issuer’s terms.
There are a lot of ripoff artists online that can con you by getting your credit card details but not handing you the money since there is a lack of transparency. Due to that, many customers are hesitant to exchange gift cards in Nigeria because of trust issues. However, if you are deliberate about choosing a reputable online gift card trading platform/app, the likelihood of getting duped is decreased.
Why is Nosh Recommended for Gift Card Exchange in Nigeria?
Nosh is a trusted gift card exchange platform duly registered in Nigeria for users to buy and sell all kinds of gift cards.
The brand is focused on enhancing its user experience so users can effortlessly sell and buy gift cards on the website and mobile app.
Nosh is entirely reputable and offers a 100 percent money-back guarantee. Nosh’s financial processing technology ensures that withdrawals and payments are processed within five minutes. This transaction is by far the fastest software for gift card exchange.
The high level of data encryption ensured that your details and money are safe. They ensure to put their users’ security as a priority and have been living up to that.
They also offer great rates for gift cards in comparison to other trading platforms and applications. Your gift card will be worth a fair amount of money. To view the greatest rates they are presently providing, open the Nosh app and tap “Hottest Cards.” The website and app’s gift card rate calculator is also available for usage.
Hottest Gift Cards on the Nosh App
The following gift cards with juicy rates are currently available on the Nosh app. The below rate is per dollar.
- Steam Gift Card – 555
- Razer Gold Gift Card – 500
- Walmart Visa Gift Card – 480
- iTunes Gift Card – 480
- American Express Gift Card – 470
- Visa Gift Card – 460
- Nordstrom Gift Card – 460
- Foot Locker Gift Card – 450
- Nike Gift Card – 440
- Macy’s Gift Card – 430
- Amazon Gift Card – 420
- Sephora Gift Card – 420
- Vanilla Gift Card – 420
- Google Play Gift Card – 415
- eBay Gift Card – 380
FAQ
How does Nosh work?
Create an account on the website. Click on Sign up and enter your name, email address, country, phone number, and password. Alternatively, download the mobile app on Appstore or Playstore and sign up there instead. After signing up, you will have access to a dashboard. Click on “Buy | Sell Giftcards” to get started.
Can I buy gift cards on the platform?
Yes, there are several gift cards available for sale. You can buy Airbnb Gift Cards, Jumia Gift Cards, Nordstrom Gift Cards, Slot Gift Cards, Uber Gift Cards, Sephora Gift Cards, USA Amazon Gift Cards, USA iTunes Gift Cards, Spectranet Gift Cards, and many others. Click on “Buy | Sell Giftcards” > “Buy Gift Cards” to find them out.
Is Nosh legit?
Yes, Nosh is legit. Thousands of users have made use of the platform and no report of fraud.
How is the customer service?
Their customer support is 24/7 ready to assist you.
Conclusion
Making the choice to exchange your gift card for cash or simply buy gift cards shouldn’t be a strenuous job that fills you with dread over dubious buyers. Nosh is here to deliver on its promise that gift cards can be purchased with the knowledge that you will be properly compensated and promptly too.
Image by Kerstin Riemer from Pixabay