If you are new to the world of gift cards or are looking to sell your gift cards, you have come to the right place.This article is your ultimate guide on how to sell gift cards in Nigeria.
Gift cards are a popular form of payment issued by retailers, financial institutions, restaurants, and more. They make transactions convenient for customers and help promote brand awareness for issuers. Gift cards come in two forms – physical and digital (Ecodes)
Selling Gift Cards for Cash: is it legal?
Nigerians are embracing the trend of exchanging gift cards for cash, and guess what? It’s perfectly legal! Keep reading to learn how to sell gift cards in Nigeria Instantly.
Where To Sell Gift Cards For Cash.
myridima.com is the only official and legit platform for selling gift cards and receiving an instant cash payment in Nigeria.
So, if you’re asking or thinking of where to sell your gift cards for cash in Nigeria, myridima.com is the place we know.
Also, if you’re wondering, “Where can I trade my cards at the highest rates to avoid being scammed?” Ridima Platform is the best option. We provide the best rates on all kinds of gift cards.
Our platform offers additional services, such as buying /Airtime/Data, Bill Payments, and Virtual Dollar Cards(coming soon).
The Ridima Mobile App is loaded with the most thrilling features and is currently the Most Popular Gift Card Trading App in 2024.
Ridima App can be downloaded through the Apple App Store as well as the Google Play Store.
You can always make use of the Ridima App for fast and quick trading of your gift cards.
Quickly download the Ridima mobile app from playstore or apple app store.
Here’s why Ridima is the best Giftcard Trading app
Ridima stands as the unrivalled platform to sell gift cards in Nigeria. Over the years, we’ve earned the trust of countless customers due to our impeccable reliability. Experience a seamless trading journey with these amazing features:
- Swift Transaction: Time waits for no one. That’s why we ensure that your transaction is lightning-fast, taking just a few minutes on average. Our simple and straightforward steps make it a breeze.
- Fast Payout: Once you provide the correct card details and click “begin trade,” we take it from there! Your exchange is processed speedily, and your account gets credited.
- Secured Platform: Cybersecurity is our stronghold. Rest assured knowing that your information and funds are safeguarded with our top-level encryption technology.
- Best Rates: Myridima offers the most competitive rates for all gift cards in Nigeria. Compare us with others and see the difference. Check the current rate of anygiftcard using our rate calculator on the website or app.
- 24/7 Customer Support: We’ve got your back anytime, any day. Reach out to us via live chat on the website or in-app support. You can also send us an email or call directly.
How to Sell Gift Cards Online in Nigeria – Myridima
Follow this step-by-step guide to sell gift cards on Myridima:
- Visit the Myridima.com website or download the Ridima app.
- Sign up for a new account, providing essential details like full name, email address, phone number, country, and password.
- Verify your email address, then sign in with your email and password.
- Click on “Gift Cards” on the left-hand side of the page.
- Select “Sell Gift Cards.”
- Choose the gift card name from the category list, e.g., Apple.
- Select the subcategory of your gift card.
- Enter the amount of the gift card you want to sell.
- Upload the gift card image by clicking the cart icon.
- Tap “Begin Trade.”
List of Gift Cards you can sell on Ridima
You can sell these gift cards on Ridima within minutes:
- Steam Gift Card
- Foot Locker Gift Card
- Amazon Gift Card
- Apple Store Gift Card
- Razer Gold Gift Card
- Google Play Gift Card
- American Express Gift Card
- Best Buy Gift Card
- eBay Gift Card
- iTunes Gift Card
- Walmart Gift Card
- Nordstrom Gift Card
- Walmart Visa Gift Card
- Target Gift Card
- Xbox Gift Card
- Sephora Gift Card
- Visa Gift Card
- Nike Gift Card
- JCPenny Gift Card
- GameStop Gift Card
- Mac Gift Card
- Macy’s Gift Card
- ColourPop Gift Card
- Netflix Gift Card
What are Gift Cards?
Gift cards are prepaid cards issued by retailers or financial institutions that can be used as an alternative to cash for purchasing goods or services from a specific store, brand, or group of affiliated businesses. They are a popular choice for gifts and incentives because they allow recipients to choose their own items within the limits of the card’s value.
Here are some key points about gift cards:
- Prepaid Value: Gift cards have a predetermined monetary value, which can vary from a few dollars to several hundred, depending on the issuer.
- Retailer-Specific: Each gift card is specific to a particular retailer or a group of related businesses. For example, you might have a gift card for a specific clothing store, a restaurant chain, or an online marketplace like Amazon.
- Physical and Digital: Gift cards can be physical cards made of plastic, similar to credit or debit cards, or they can be digital, existing as electronic codes or vouchers that can be redeemed online.
- Limited Use: Gift cards are generally valid for a limited period, often several years from the date of purchase or last use. They also might have specific terms and conditions, such as restrictions on using them for certain products or services.
- Activation and Registration: Physical gift cards need to be activated, and some might require online registration to protect against loss or theft. Digital gift cards are often activated at the time of purchase.
- Flexible Spending: Recipients can use gift cards to buy items of their choice, within the limitations of the card’s value and the retailer’s offerings.
- Reloadable and Non-reloadable: Some gift cards are reloadable, allowing users to add more funds to the card after the initial amount is spent. Others are non-reloadable and can only be used until the original balance is depleted.
- Popular Gifts: Gift cards are popular presents for various occasions, allowing recipients to select their preferred items rather than receiving specific gifts.
5 interesting Facts About Gift Cards
- Growing Popularity: Gift cards have become increasingly popular over the years. According to the National Retail Federation, gift cards have been the most requested holiday gift for more than a decade, making them a convenient and preferred choice for both gift-givers and recipients.
- Unused Balances: Many gift cards often go unused or are not fully spent. This phenomenon, known as “breakage,” occurs when the recipient does not use the entire balance of the gift card. Retailers and businesses benefit financially from these unused balances, which can contribute significantly to their revenue.
- Digital Dominance: With the rise of technology, digital gift cards or e-gift cards have gained immense popularity. These electronic versions of gift cards are sent via email or text message and can be easily redeemed online or through mobile apps, offering a convenient and eco-friendly alternative to traditional plastic gift cards.
- Gift Card Exchange: There is a thriving secondary market for gift cards where individuals can buy, sell, or exchange unwanted gift cards. Various online platforms facilitate these transactions, allowing people to trade gift cards from one retailer for another or sell them for cash.
- Corporate Gifting: Gift cards are frequently used in corporate settings for employee rewards, incentives, and recognition programs. They offer flexibility, allowing employees to choose rewards that suit their preferences, and are often used to boost employee morale and productivity.
Frequently Asked Questions
Q1. How Do I Sell Gift Cards on Myridima?
A1. Selling your gift cards on Ridima is as easy as ABC. Visit our website or install the app on your device. Fill in the required fields, including the gift card name, the amount you want to sell, and the picture. Once you provide the details, your details will be processed, and your account will be credited.
Q2. Are My Transactions Secured on Ridima?
A2. Your security is our top priority. With our high-level encryption technology, both your card details and money are safe and secured.
Q3. How Can I Reach Out to Customer Support?
A3. We’ve got your back! Contact our customer support via email ([email protected]). In-app chat support is also available for your convenience.
Conclusion
Gift card Trading has become the latest financial trend in Nigeria, offering tremendous opportunities. With the right platform, you can easily sell your gift cards for naira instantly. Many of the gift cards mentioned above offer the highest rates, including Steam, Walmart Visa, Razer Gold, Macy’s, American Express, and more. Get started by downloading our app on Google Play Store or App Store.
