Many of our daily tasks are becoming easier and easier due to developments in technology. Purchasing items is also one of those tasks that people are now able to do without even moving a single foot. Many retailers and service providers in the USA have established their businesses online from where people can avail their services very conveniently. People can browse and pay for items entirely online with the help of a credit card, bank transfer, cryptocurrency, or a digital gift card. Gift cards are sought after by people in order to purchase the stuff they want such as video games, subscriptions, electronic devices, etc. But if you’re not interested in using gift cards for purchasing stuff, you can still receive benefits from them. Because gift cards sell like hotcakes, why not take the opportunity and become a gift card reseller yourself? In this guide, we’ll tell you about how you can sell gift cards in the US and the little things and precautions you should understand when doing so.
The Benefits of Selling Unwanted Gift Cards
“Unwanted” gift cards mean they aren’t of any use to you so why keep them and wait for them to expire? You should immediately list all your gift cards for sale in order to make a quick buck. Gift cards are very popular so you should not have any trouble selling them if the website and price are right.
The Benefits of Selling Unused Gift Cards Online
Selling or buying gift cards online brings even more benefits as you can run your business from your mobile device, or PC from within your own home. You aren’t restricted to any specific location when selling gift cards online. The online transaction process is also very fast and you can receive money into your account instantly for your sale.
Safety, Security Tips, and Fees Associated with Online Marketplaces
Selling gift cards online has its advantages and disadvantages. The problems you might have to deal with when selling online are related to the safety and security of your transaction and also the fee policy of a marketplace. To neglect these issues, we’ll tell you how you should deal with them.
Is Trading on Online Marketplaces a Safe Bet?
Selling gift cards on online marketplaces is the safest way to sell gift cards online. However, it doesn’t mean you are clear of any risk. You can still get scammed on these platforms. To prevent such events from occurring, sell on only those platforms that have buyer and seller protection mechanisms in place to protect your transactions. If you’re interested in selling on a specific platform, look at their reviews and see what other people think about the platform. You should totally avoid suspicious online marketplaces as dealing with them won’t be very safe. One of the first things to do is to check these marketplaces on review sites like Trustpilot and see what users are saying about them.
Ensuring a Secure Transaction when Selling Vouchers
For a smooth and secure transaction, only exchange gift cards on reputable platforms and with people whom you can trust. When it comes to larger amounts of money, it’s important to choose websites with a longer history. You certainly wouldn’t want to risk large sums of money on platforms that have been running for a couple of weeks. Avoid providing any additional personal and important information to the other person beyond what is required to complete the transaction.
Gift Card Selling Fee
While using other people’s platforms to sell gift cards online, you will be subject to a commission fee on all of your sales. This fee is almost negligible for most platforms but on big sales, you can lose quite a lot of money. Therefore, if you want to make the most profit, consider a platform that doesn’t take much fees. Buysellvouchers is one of the platforms with the lowest fees (seller fee — 1%), so let’s take a closer look at this platform in the article.
Where to Sell Gift Cards Online — Buysellvouchers.com
Now that you know the basic theory about selling gift cards and making a clean transaction, let’s move on to the part that you have all been waiting for: How to sell gift cards practice? As said before, selling gift cards online is more preferable due to its convenience. So we’ll tell you how you can sell gift cards on online platforms. We’ll take Buysellvouchers as an example for this guide.
Well, what is Buysellvouchers exactly? Buysellvouchers.com is one of the most dominant and trusted platforms that provide the service of gift card buying and selling to its users. The platform allows users to list a diverse range of gift cards to be bought or sold. Using the platform is very easy, even for a beginner gift card seller. On top of that, Buysellvouchers only takes a 1% commission fee from its sellers which is lower than any other platform out there. All these qualities make Buysellvouchers attractive to both, new and experienced gift card sellers.
What Can You Sell On BuySellVouchers?
Through Buysellvouchers, you can sell all kinds of different gift cards, e-vouchers, software keys, gaming codes, and almost any digital item and obtain cash from doing so. Of course, gift cards remain the most demanded product, allowing you to sell a diverse range of cards for various platforms such as:
- PlayStation,
- Xbox,
- Steam,
- PUBG,
- EA Sports FC,
- Nintendo,
- Roblox,
- Garena Free Fire,
- Valorant,
- Fortnite,
- Amazon,
- Apple.
At Buysellvouchers, you can find gift cards for nearly every online store, including those related to gaming, subscriptions, beauty, travel, restaurants, and more. Buysellvouchers is your one-stop marketplace for selling any gift card you desire.
In order to list your gift certificate for sale on Buysellvouchers, follow these steps:
- Create an account on Buysellvouchers and verify your identity.
- Go to the Dashboard tab from your account.
- Select the My Products tab and click on Add Product.
- Enter the details of your gift card.
- When all the necessary information about the card has been entered, you can then list it for sale.
How to Set the Best Price for Your Gift Cards
A new gift card seller will definitely wonder what the right price for their gift card should be. Well, to set a fair price, one that satisfies both the buyer and yourself, start researching the price of your same gift card from top-rated sellers and see what price they’re offering. Also, take the time to look at what their terms of condition are. To compare prices, you can enter a specific gift card name and denomination in the search box, or utilize the price filter. See the image below:
What to do if Your Gift Card is Rejected
In case you try to list a gift card for sale and it gets rejected, the most common reason for it is that the gift card might not be obeying the terms and conditions of the platform. Abiding by the Terms of service of the platform will most likely solve the issue but if not, you should consult the platform’s customer support. See the image below:
Cash Out Gift Cards via Buysellvouchers — Money Withdrawal Options
Buysellvouchers’ mission is to make gift card exchange as easy as they can for people. This is why the platform boasts numerous different payment methods that sellers can use to receive cash for the products they sell. Users can receive cash in the form of popular cryptocurrencies such as:
- USDT ERC 20,
- USDT TRC20,
- USD Coin ERC20,
- USD Coin TRC20,
- Bitcoin,
- Ethereum,
- DAI (BEP20),
- Litecoin,
- Perfect Poney.
Conclusion
In conclusion, we’ve learned that selling gift cards is not only profitable but also a straightforward side hustle, even for beginners. As gift cards gain popularity worldwide, it’s clear there’s ample opportunity for earning. Stock up, create an account on Buysellvouchers or any other platform, and start securing your future today as a gift card seller.
Frequently Asked Questions
Can I sell my gift cards for cash?
- Yes, you can sell your gift cards for cash on online marketplaces
How do I sell gift cards online?
- Find a reputable platform, enter your gift card details, and get a quote
What’s the best way to sell unused gift cards?
- Use a popular online marketplace like Buysellvouchers, G2A, or Eneba
