- A gift card is a card or an online voucher that contains a specific amount of money available for use for a variety of purchases
- A gift card could be virtual or physical, and it is a great gift if you know that the receiver likes the shop/theme of the store but doesn’t know what items they would need exactly
- Cardtonic is among the top-rated gift card trading apps used by many Nigerians
A gift card is an important and fast means of payment in Nigeria, apart from the popular naira or bank payment and cryptocurrency or stablecoin like USDT.
The gift card trend is not limited to Nigeria but has become popular in other African countries like Ghana, South Africa and Kenya.
Due to its growing popularity, many payment platforms, especially crypto exchanges in Nigeria, have started offering the all-important gift cards to the naira conversation service. But not all platforms that claim to provide the service do it really well.
In this article, we will show you 4 top-rated platforms or apps on which you can convert your gift cards to naira. But first, let's explain what gift cards are.
What is a gift card?
A gift card, according to this one.com definition, is a card or an online voucher that contains a specific amount of money available for use for a variety of purchases. Store gift cards are designed to be used at specific merchants or retailers, while general-use prepaid gift cards are not affiliated with any specific merchant and can also be used to withdraw cash at automated teller machines, according to Investopedia.
A gift card could be virtual or physical, and it is a great gift if you know that the receiver likes the shop/theme of the store but doesn’t know what items they would need exactly.
Apple/iTunes, Google Play, Amazon, Sephora, and American Express gift cards are the most popular gift cards in Nigeria. Others are Steam, Razer Gold, eBay, Walmart, and Nike.
4 top-rated apps where you can sell your gift cards and convert to naira
There are several apps where you can sell your gift cards and receive your money in naira, but these four apps below are top-rated.
1. Cardtonic
Cardtonic is among the top-rated gift card trading apps used by many Nigerians. Cardtonic makes it easy to gather unwanted gift cards from companies like Amazon, Google, Apple, iTunes, and more and sell them for Naira.
Cardtonic describes itself as the ‘best gift card trading platform in Nigeria,’ and we says it accepts “over 50 Gift Card brands, including but not limited to Apple, Amazon, Steam, Google Play, Apple Store, eBay, Sephora, Nordstrom and many more.”
According to Nairametrics, Cardtonic is rated 4.1 on the Google Store and has over 13,916 votes.
2. GiftCardstoNaira
Another top-rated gift card trading app Nigerians and Ghanaians can use is GiftCardstoNaira. Users of the app can instantly convert their gift cards to Cedis or Naira.
The app has been in operation for seven years, having been founded in 2017. With a rating of 4.5 on the Google Play Store, GiftCardstoNaira has amassed over 300,000 users over the course of its seven years of operation.
“Giftcardstonaira allows you to safely and securely exchange your gift cards at high rates. Our rates are always updated every day to make sure every gift card holder gets the best value on their transactions,” it says on its website.
3. Apexpay
Another top-rated platform is Apexpay. It helps users convert their gift cards into Cedis or Naira. Through quick bank transfers, the app makes it easier to convert gift cards to local currencies.
“Apexpay helps users who have gift cards for sale experience a hassle-free, efficient, and reliable exchange process. Say goodbye to boring gift card exchanges,” it says on its website.
4. Prestmit
Prestmit is another good gift card trading platform. It makes it easier to exchange gift cards and convert them to Cedis or Naira. Prestmit has been in business for a while, and its website is a great resource for anything related to Nigerian gift card trading.
Prestmit describes itself as the “all-in-one platform you need to buy and sell crypto, gift cards, airtime, and utility bills.”
How crypto influencer was kidnapped and killed
Meanwhile, TheRadar earlier reported that on November 13, authorities in Montreal, Canada, said the dead body of a crypto influencer identified as Kevin Mirshahi was recovered. Local media reports revealed that the body was found at Île-de-la-Visitation park in Montreal’s Ahuntsic-Cartierville borough.
According to local media, The Gazette, a passerby discovered the decomposing body at the nature park around 10am on October 30. After the police were informed, an autopsy was conducted, and the body was identified as Kevin Mirshahi.
