The Best Buyer of Gift Card
Do you know who gift cards were sold to on the market? When you sell gift cards to an unsuitable buyer, sometimes you may earn less, and more often you get nothing but an invalid card! So what is a good buyer? The answer is a buyer who is honest and gives you high bids?
How to find an honest buyer? It is important to choose a good platform where the buyer settles in.
There are roughly the following platforms for buying and selling gift cards: WhatsApp, ebay, professional gift card trading platforms such as the famous Paxful, Tbay, Raise and Coincola. Now I will explore the advantages and disadvantages of each platform!
WhatsApp- buyers bid low; no platform guarantee, too many scammers, difficult to recover your losses.
eBay- An eBay buyer isn't likely to buy your gift card for more than 80% to 90% of its value. The scammers are fond of playing games to escape eBay's official monitoring and now I could share their routines-
A buyer purchases a gift card from you and pays through PayPal. The buyer then asks you to send them the gift code by email or eBay message. Once they receive the gift code, the scammer then spends the balance quickly, then requests a refund through PayPal claiming that they hadn't authorized the purchase. Even with the screenshots of the gift code request, PayPal refunds the buyer's money, leaving the seller without either the cash or the gift card. In fact, the seller is even worse off, because they are still responsible for the eBay listing fees for the "sale."
So don't forget to evaluate additional fees as well. Some sites charge for listing your gift cards, shipping, and other services. Make sure that you get the most cash for your card by comparing your options carefully.
Various gift card trading platforms- they are more professional because they have anti-fraud mechanisms and guarantees. Take Tbay as an example- When you are cheated into selling cards, the platform pays you ten times compensation of your losses which is deducted from the buyer's platform deposit.
How to find gift card buyers with high bids?
It is notorious for brokers on eBay to selling gift cards to final buyers with very low prices, which means how low prices the brokers offer to sellers. So please try to avoid brokers as much as possible, instead of finding the final buyers who may give you higher prices. Then, if you can find a Chinese buyer, you may make more money, because China has the world's largest population and people here live a relatively better life and are more likely to spend more money on gift consumption.
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