As the popularity of gift cards continues to soar, a lot of gift card trading mediums are surfacing to redefine the way people share gifts with their loved ones. Such mediums are also creating diverse and flexible ways to use gift cards for cash or kind exchanges. One platform that is making this possible is Mercari, a popular online marketplace.
They are practically in the team with CardCash, one of the largest gift card exchanges in the world, to introduce an exciting new feature -Mercari. This innovative platform allows you to transform those unwanted gift cards into valuable Mercari credits, which you can use to shop for your favourite items on their platform. Let’s look at how you can sell your gift card on Mercari.
What is the Mercari?
The Mercari Gift Card Exchange is a groundbreaking initiative that empowers users to redeem and convert eligible gift card balances into Mercari credits. It’s a win-win situation: you get rid of unwanted gift cards and gain purchasing power on Mercari’s vast marketplace, where you can find everything from trendy fashion pieces to rare collectibles and gaming gear.
How to Exchange Your Gift Cards
To exchange gift cards in the Mercari, you must be a registered Mercari user with an account in good standing. Keep in mind that closed or limited Mercari accounts are not eligible for the exchange or to receive Mercari credits.
Ready to turn your gift cards into Mercari credits? The process is simple and hassle-free. Follow these steps to get started:
- Sign in or create a Mercari account: If you’re not already a Mercari user, sign up for an account on their app or website. It’s quick and straightforward.
- Click on the “Trade unused gift cards for Mercari credits” banner: You’ll find this banner in three locations – under your Profile, in the Settings, or on your cart page.
- Enter gift card details: Input the merchant’s name and the remaining amount on your gift card. No need to mail in your physical gift card; it’s all done electronically.
- Get an instant offer: CardCash will provide you with an immediate offer for your gift card. If you’re happy with the offer, you can proceed to the next step.
- Verify your identity: To ensure security and prevent fraud, CardCash may ask for additional information, such as your credit card details, email, or phone number.
- Submit your order: Once you’ve provided the necessary information, your order will be submitted and reviewed by the CardCash team. You can expect this process to take up to 3 business days.
- Receive your Mercari credits: If your order is approved, your Mercari credits will be available in your account within 1 business day after approval. You’re now ready to shop to your heart’s content on Mercari.
Mercari Gift Card Exchange Benefits
- Unlocking Value
The Mercari Gift Card Exchange powered by CardCash offers a transformative experience, turning your unused gift cards into valuable Mercari credits. This opens a world of possibilities for exploring a wide range of items on the Mercari platform.
- Sustainable Practices
By participating in the gift card exchange, you contribute to sustainable practices by reducing gift card waste. Instead of letting those unwanted cards go to waste, you’re giving them a second chance to bring joy to others.
- Community Thriving
Join a vibrant community of exchange enthusiasts who have experienced the satisfaction of turning their gift cards into Mercari credits. Embrace the opportunity to be part of a growing movement that values smart and sustainable shopping practices.
- Partnering for Success
The collaboration between Mercari and CardCash benefits both sellers and buyers. It ensures a reliable and secure platform for exchanging gift cards, fostering trust and confidence in the process. Mercari’s partnership with CardCash brings together the expertise of a leading gift card exchange program and a trusted online marketplace, creating a seamless and efficient process for users to trade their gift cards.
- Convenience and Efficiency
The Mercari Gift Card Exchange is designed with user convenience in mind. With just a few clicks, you can initiate the exchange process and receive an instant offer for your gift card. The entire process is done online, eliminating the need to mail in physical gift cards and ensuring a smooth and efficient experience.
- Flexibility in Redemption
Once you’ve received your Mercari credits, the possibilities are endless. You can explore a vast marketplace with a diverse range of items, from fashion and accessories to electronics and collectibles. With Mercari’s user-friendly interface, finding your favourite items is a breeze.
- Enhance Value
When you exchange your gift cards for Mercari credits, you gain enhanced value for your unwanted cards. Mercari offers competitive rates for various gift card brands, ensuring that you get the most out of your exchange.
- Ensures Security
CardCash employs a combination of automated and manual processes to ensure that all exchange orders are cleared for potential fraud risk and are of interest to the buyer community. This protection extends to both gift card sellers and buyers, fostering a secure and trustworthy environment.
- A Cost-Effective Exchange
One of the standout benefits of the Mercari Gift Card Exchange is that there are no fees involved. You can exchange your gift cards for Mercari credits without any additional charges, making it a cost-effective way to unlock the value of your unwanted cards.
- Shop at Your Own Pace
The Mercari credits you receive from the exchange do not have an expiration date. You can shop at your own pace, without the pressure of using the credits within a limited timeframe. This gives you the freedom to browse and make purchasing decisions on your terms.
- Promotes Sustainability
Participating in the Mercari Gift Card Exchange aligns with sustainable practices by giving gift cards a second chance. Instead of discarding unused cards, you can breathe new life into them and contribute to a more eco-conscious approach to shopping.
- Growing Community
By joining the Mercari Gift Card Exchange, you become part of a growing community that values smart and informed shopping practices. This community is fueled by individuals who are eager to make the most of their gift cards and discover unique finds on the Mercari platform.
- Customer Support
If you encounter any challenges or have questions during the exchange process, Mercari and CardCash are here to assist you. From addressing technical issues to guiding the exchange process, customer support teams are available to ensure a positive experience.
- Impacts Gift Card Market
The Mercari Gift Card Exchange is not just about trading gift cards; it’s about making a positive impact on the gift card market. By participating, you contribute to the growth of a dynamic and sustainable exchange system that benefits sellers, buyers, and the environment.
Drawbacks Associated with Mercari’s Exchange Process
While the Mercari Gift Card Exchange offers a convenient and efficient way to turn unused gift cards into valuable Mercari credits, there are some drawbacks associated with the exchange process that you should be aware of. These drawbacks include:
1. Lower Offer Value
The offer values for gift cards on the Mercari Gift Card Exchange may be lower than the actual remaining balance on the card. While Mercari strives to offer competitive rates, you should be prepared to receive slightly less value for your gift cards.
2. Verification Process
To ensure security and prevent fraud, CardCash requires you to provide personal information, including credit card details and phone numbers. While this process is essential for protection, some users may feel uncomfortable sharing such sensitive information.
3. Waiting Period
The exchange process involves a waiting period as CardCash reviews and approves the gift card exchange request. For users eager to use their Mercari credits immediately, this waiting period can be a bit inconvenient.
4. Non-Cash Redemption
The Mercari credits obtained through the exchange can only be used within the Mercari platform. You cannot convert these credits into cash or withdraw them to your bank accounts, limiting the flexibility of their use.
5. No Direct Withdrawal
As mentioned earlier, Mercari credits obtained through the exchange cannot be withdrawn directly to your bank account. This lack of a withdrawal option may be disappointing if you were hoping to convert your credits into cash.
6. Account Standing Requirement
To be eligible for the Gift Card Exchange, you must have a registered Mercari account in good standing. Closed or limited accounts are not eligible, which may exclude you from participating.
7. Rate Variability
The exchange rates offered by CardCash may vary for different gift cards and can change over time. This rate variability may lead to uncertainty if you want to ensure that you receive the best value for your gift cards.
8. Non-Transferable Credits
Mercari credits obtained through the exchange are non-transferable and can only be used by the account holder. This limitation means you cannot give or transfer your credits to others.
9. Non-Refundable Exchange
Once you complete the exchange and receive Mercari credits, you cannot reverse the transaction or request a refund. Therefore, you should carefully review the offer and details before proceeding.
10. Lack of Physical Gift Card Options
The exchange process for gift cards on Mercari is entirely digital, meaning users cannot exchange physical gift cards. Individuals who prefer physical gift cards may need to seek other platforms for their transactions.
Despite these drawbacks, the Mercari Gift Card Exchange remains a valuable option for many people looking to make the most of their unused gift cards. By understanding the limitations and benefits of the exchange process, you can make informed decisions and have a positive trading experience.
On the other hand, given such limitations, you can consider alternative platforms to see if you will get your desired trade experience. There are lots of alternative platforms you could browse and choose a preference for diversification.
Read Also: How to Sell Gift Cards on Amazon
An Alternative Platform to Sell Gift Cards
As stated, there are lots of alternative platforms, but one that comes in handy and can give you comforting trade is SnappyExchange.
What is SnappyExchange?
It is a Digital asset trading platform that deals with Gift Card and Cryptocurrency exchange. It is the leading exchange platform in Nigeria to comfortably trade your Gift Cards and guarantee maximum returns and satisfaction. We offer a variety of Gift card options from Visa, MasterCard, Steam Cards, Xbox, iTunes/Apple Cards, Best Buy, Google Play, and lots more.
How to Sell Gift Cards on SnappyExchange
- Visit the website or download the SnappyExchange App and register.
- After signing on, you can log in and click on ‘SELL GIFT CARDS’.
- On the Gift cards section, click on the Gift Card option among the various ones listed.
- Click on ‘SELECT COUNTRY’ to indicate the Country the Gift Card is from (e.g. USA, CAN, AUS).
- Then select the ‘CARD TYPE’, either physical or e-code.
- Add the value of the amount you want to sell, from US$20 and above (You will get the Naira equivalent of the amount you want to sell)
- Then Click on Submit and a box will be provided to upload a card image.
Once your Card is uploaded and submitted, in 2 – 10 mins your cash will hit your SnappyExchange wallet, and you can withdraw into your bank account.
Why Choose SnappyExchange
You should choose SnappyExchange as your alternative for the following reasons:
1. Amazing Rates
You get the best rates that can’t be found anywhere on SnappyExchange. We buy at an appropriate rate that will keep you coming for more.
2. Instant Payment System
The payment system for your trade is timely because quick delivery and speedy access to funds are very important to us. We process orders to come in handy and in time. We are best when it comes to trading your gift card for Naira and getting instant payment.
3. Customer Support
We have designed a system with a paramount focus on customer satisfaction and timely delivery of transactions. As there is a 24/7 real-time customer support system to resolve any issues if it occurs.
4. No Scam Zone
Unlike other exchanges that are not registered with the Government. Snappy Exchange is Fully registered with the Government and also has a physical Address. We guarantee your trade and are accessible to attend to any transaction dispute.
5. Variety of Gift Card Options
We have a long list of gift cards we trade on. You will have the opportunity to sell a whole lot, irrespective of the type of Gift Card you have. You need to begin exploring our platform now.
6. Promo Codes & Trading Bonuses
We also offer trading bonuses and gifts with promo codes. To get updates, follow us on our Instagram page.
FAQs
Where Can I Find My Mercari Credits?
To access your credits, simply sign into your Mercari account and navigate to account settings, where you’ll find the credits section. Your newly acquired Mercari credits will usually be available within one business day after your exchange order is approved.
How Much Will I Receive in Return for My Gift Card?
The amount you’ll receive in Mercari credits depends on the brand of your gift card and its remaining balance. CardCash offers competitive rates for various gift card brands, so you can get the best value for your unused cards. Simply enter the merchant name and the remaining balance to receive an offer.
Can I Exchange More Than One Gift Card Via CardCash?
Absolutely! You can exchange multiple gift cards through CardCash’s platform. Just click the “Add Another Card” link to trade in additional cards and increase your total offer value.
Does CardCash Accept Mercari Credits?
Yes, CardCash also accepts Mercari credits, so you can exchange these for Mercari credits as well.
Is There a Fee for the Gift Card Exchange?
No, there are no fees to exchange your gift cards for Mercari credits. The offer you receive from CardCash represents the amount of Mercari credit they are willing to pay, and it’s typically less than the remaining balance on the gift card.
How Long Does it Take to Receive My Mercari Gift Card Credits?
If your Gift Card exchange request is successfully approved by CardCash, you can expect your Mercari credits to be transferred into your account within 1 business day. This swift process ensures you can start shopping on Mercari without delay.
Does My Exchanged Mercari Gift Card Credit Expire?
The Mercari credits you receive in exchange for your gift cards do not expire as long as your Mercari account remains in good standing. So, you have the freedom to use them whenever you like.
Can I Cash Out My Mercari Credit to My Bank Account?
Unfortunately, no. The Mercari credits received through the exchange program cannot be withdrawn to your bank account via Direct Deposit, Instant Pay, or any other means. However, they can be used to make purchases on the Mercari platform.
Conclusion
The Mercari Gift Card Exchange is a game-changer for anyone with unused gift cards. It offers a seamless and convenient process to transform those cards into valuable Mercari credits, opening the door to a world of exciting shopping possibilities. With no fees, expiration-free credits, and a diverse marketplace to explore, it’s a win-win situation for everyone involved.
This innovative collaboration between Mercari and CardCash creates a secure and trustworthy environment for exchanging gift cards, ensuring peace of mind for both sellers and buyers. As part of a growing community that values smart shopping and sustainability, you’re not just trading gift cards; you’re making a difference in the gift card market.
