The process of gift card exchange is a relatively new concept of business in the market.
According to a survey which was conducted in the month of September by Blackhawk Network which is known as the parent of the company of Cardpool, it was recorded that as much as 13% of the total number of customers have bought gift cards from the sites. On the other hand as much as 48% of the total number of customers has reported that they would trend to use one of the various exchange services in buying and selling discount gift cards.
Necessities to be done before buying and selling cards in an exchange
• You need to be assured about the policies of return and protection in terms of purchasing products before an exchange. The exchanges of major concern of high price usually offer these conveniences. Hence if you engage in buying these gift cards overlooking the protections which are well required, for example Craiglist, which improves the chances of the loss of your money and also purchasing products from non-verified sellers.
• Preferably use your credit cards while making payments. It restricts you from being conned of transactions which aren’t authorized.
• Make sure that you buy gift cards, of the right kind which is not a prepaid card. Prepaid cards may be prone to have hidden earlier transaction costs included with it.
• It is good to have belief but also make sure you check your card twice as soon as you make a payment, to be assured that the exact amount has been debited as per your transaction. This needs to be done by getting in touch with the card issuer.
New offers and schemes of gift card exchange
With the change in technology there are several applications in mobile which enables you to buy discount gift cards as soon as you use it and also gives you enough freedom to shop while you are using it.