If you’ve been searching for “How much is a $100 Apple Canada gift card in Naira today?”, you’re in the right place. Gift cards are one of the most traded digital assets in Nigeria, and knowing the latest conversion rate can help you get the best value for your Apple iTunes and Apple Store gift cards.
As of today, the current rate of a $100 Apple Canada gift card on Hook.ng is ₦93,500. Prices may vary depending on demand, supply, and the trading platform you use.
Current Rates of Popular $100 Gift Cards in Naira (2026)
Here are the latest exchange rates of $100 gift cards in Nigeria on Hook.ng:
$100 Apple Canada Gift Card → ₦93,500
$100 Apple USA Gift Card → ₦123,400
$100 Apple Australia Gift Card → ₦73,000
£100 Apple (UK) Gift Card → ₦123,900
$100 Steam Gift Card → ₦124,500
$100 Amazon Gift Card → ₦98,200
$100 Vanilla/OneVanilla Gift Card → ₦60,000
Pro Tip: You can always check the Gift Card Rate Calculator on Hook.ng for the most updated exchange rates in Nigeria.
An Apple Gift Card is a prepaid digital card used to purchase apps, music, movies, games, and subscriptions on the Apple Store and iTunes Store. Although Apple has merged iTunes and Apple gift cards, both are still widely used for purchases.
Gift cards are also one of the easiest ways to trade and earn cash in Nigeria since many people prefer reselling them for Naira.
A gift card is a prepaid stored-value card, issued by a retailer or financial institution, that can be used as an alternative to cash for purchases. It’s often given as a reward, a present, or a promotional tool.
Some gift cards (like Visa, MasterCard, and Amex) can be used globally, while store-specific cards (like Apple, Amazon, or Steam) can only be used in their respective ecosystems.
Frequently Asked Questions (FAQ)
1. How much is a $100 Apple Canada gift card in Naira today?
If you’re asking “How much is $100 Apple Canada gift card in Naira today?”, the answer is ₦93,500 on Hook.ng. However, gift card prices fluctuate daily, so it’s best to confirm the current rate before trading.
Hook is the most reliable platform for selling gift cards in Nigeria, based on reviews from thousands of customers across the country. Hook has been known to pay customers instantly, without delay.
We left the rate at #857,000 – #980,000 because gift card rates fluctuate with demand and supply, but rest assured that you will get the best rate in Nigeria only on the hook. We pride ourselves on the fact that our platform has been vetted by external bodies and confirmed as the most secure gift card platform in Nigeria.
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How Much is a Razer Gold Gift Card in Naira?
Presently, the rate of Razer Gold gift cards. In Nigeria is between 1260 and 1970 naira per dollar.
How Much Can You Sell a Razer Gold Gift Card in Naira
A1. Yes, there are several platforms and online marketplaces where you can sell your Razer gold gift cards for Naira.
Q2. What information do I need to provide when selling my Razer Gold gift card?
A2. Typically, you’ll need to provide the gift card code and the value of the card.
Q3. How can I ensure the security of my Razer Gold gift card when selling it?
A3. Prioritise reputable platforms like Hook.ng with a proven track record of successful gift card transactions.
Q4. How much can I sell a $100 Razer Gold Gift Card in Nigeria in 2026?
A4. You can sell your $100 Razer Gold gift card for #138,000 – #250,000 only on hook.ng
Q5. How much can I sell a $500 Razer Card in Nigeria in 2026?
A5. You can sell your Razer Gold gift card for #511,000 – #975,000 only on hook.ng
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GIFT CARD – DEFINITION
A gift card is also known as a gift certificate in North America, or gift voucher or gift token in the UK is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or organisations as rewards or gifts.
They may also be distributed by retailers and marketers as part of a promotion strategy to entice the recipient to come in or return to the store, and at times, such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.
American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies. A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.
From the purchaser’s point of view, a gift card is a gift, given in place of an object which the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.
Are you looking for the Best Gift Card Trading Platform in Nigeria 2023? There is no other platform thanHOOK. Hook Platform is one of the most popular platforms in Nigeria for trading gift cards.
Steam Gift card is one of the most exchanged gift cards in Nigeria and each and every region of the planet. The gift card is very plentiful and available for use to however many individuals as would be prudent. Generally, the Steam Gift card is involved on the Steam site to make installments for advanced content sold on Steam. Nonetheless, individuals can in any case sell their Steam Gift cards on various web-based websites for cash or crypto, given various rates. The rate is still up in the air to market influences, however, rates on certain stages are more prominent or lesser than others.
For Steam clients in Nigeria who have Steam Gift cards and will sell them for money or digital currency, what is the best rate for their $100 Steam Gift card? This article will make sense of completely the best rate at which one can sell a $100 Steam Gift card in Nigeria.
What Is A Steam Gift card?
A Steam gift card is a preloaded check card that can be utilized to buy computerized content like computer games on the Steam site. Numerous enthusiastic gamers utilize Steam Gift vouchers to have the option to remain refreshed with the most recent games on the Steam site. Subsequently, a Steam Gift voucher can be redeemed for credit on the Steam site, the credit is added to their Steam wallet which can then be utilized to buy games and other downloaded material.
Steam Gift cards are fundamentally delivered and sold in two forms:
Physical Steam Gift cards are the actual ones that can be contacted. It is accessible in groups of $20, $30, $50, and $100 and can be bought from actual retail locations anyplace.
The computerized Steam Gift Cards(e-codes) are simply virtual cards in the type of codes. They are accessible in categories of $5, $10, $25, $50, and $100 and can be bought on the web and conveyed by means of email. The enactment code at the rear of the Steam Gift card is recovered on the Steam site, consequently, the money-related worth of the card is moved to the client’s Steam wallet.
The most effective method to Purchase Steam Present Card In Nigeria
Steam physical cards should not be bought from a retail location, despite the fact that they are sold there. One can purchase a Steam physical card whenever and from any place on the planet by putting in a request online for a computerized Steam Gift card. In the event that one favors the actual card, one can, in any case, submit a request on the web and it will be conveyed to the location, however, it is more advantageous to buy the computerized card.
You can purchase from any retail shop nearest to you if you would rather not structure on the web.
Steam Gift cards can be paid for on retail locations like Amazon and conveyed as Steam cards moment email conveyance. You can pay to utilize your neighborhood installment strategies.
Best Site to Exchange a Steam Gift Card in Nigeria?
Indeed, Hook is the best site app or site you can exchange Steam Gift cards anywhere on the planet. It’s anything but a gigantic errand as many might guess. The initial step is to recognize a decent site where you can exchange your Steam Gift card for cash or digital currencies, as certain trades give space for that. It is vital to comprehend that you can’t sell Steam Gift cards on the Steam site. You can utilize Steam’s physical card to buy computerized content like computer games and programming from Steam.
How to Trade Gift Cards on Hook Platform
Here is the step-by-step guide on How to sell gift cards using the Hook Gift Card Trading App in Nigeria.
Sign Up to create an account, then Log in and Set up your profile account.
Locate and click on the “Trade Gift Card” menu, then select “Sell Gift Card” to choose your gift card and continue.
After completing the trade, wait 5 minutes or less for the card to be Confirmed.
Once the card transaction is Confirmed, your Cash will be paid into your Wallet.
On the Wallet menu, click Withdraw, input the amount you want to withdraw, and then add your bank account for instant cash withdrawal.
Then Withdraw straight into your Bank Account.
Best Rate For $100 Steam Gift Card In Nigeria
Nonetheless, while looking at the price of the $100 Steam Gift card, there should be explicit on the kind of Steam Gift card on the grounds that the rates differ with the sort of Steam Gift card. For instance, the price of USA Steam physical(50-100) is at present 750/dollar yet that of USA Steam e-code(50-100) is 700/dollar. Notwithstanding, exchanging on-site that offers high rates is dependably prudent. Hook is one site that has a remarkable tradition of giving the best market rates to gift card dealers.
Footlocker is a well-known American athletic apparel/footwear retail location laid out in 1974. The store manages various sorts of sports items by joining forces with various enormous game brands like Adidas, Nike, Chat, and Jordan.
Footlocker has both physical and online stores working in numerous nations and mainlands of the world which makes the brand a worldwide brand. Clients can buy their items on Footlocker by paying with either their bank cards or the Footlocker Gift voucher. For accommodation, giving and mindfulness creation, the Footlocker brand issues gift vouchers to its clients.
A client who shops on the Footlocker stage with the Footlocker Gift voucher will effortlessly execute with no hitch from the outsider (bank), they can likewise gift their friends and family the gift voucher which they will use to recover any gift thing of their decision and furthermore, the brand can likewise make additional mindfulness from selling these gift vouchers. Is it feasible for individuals to purchase Footlocker Present Cards or perhaps get them as gifts however they expect not to reclaim them for gifts but instead sell them for cash.
Indeed, individuals can decide not to reclaim their Footlocker Gift vouchers for gift things yet rather sell them for cash. This could be roused by the dire requirement for money or indifference toward the items presented by the store. Be that as it may, regardless, it is a potential and simple endeavor assuming you are very much educated. In this article, we will examine the amount one can get for a $100 Footlocker Gift voucher and where to sell it in Lagos, Nigeria.
What Is A Footlocker Gift voucher?
Gift vouchers overall act as charge cards (however they are not connected to a financial balance), used to make buys in a store. A Footlocker Gift voucher s essentially a gift card given by the Footlocker brand preloaded with specific money-related esteem utilized for both physical and online Footlocker stores exchanges. The gift voucher can come in two structures; it very well may be an actual plastic card or a computerized voucher with code numbers. The two types of Footlocker Gift vouchers address the money-related worth of the present things a client can buy with them.
The plastic Footlocker Gift cards are implanted with a 16-digit number code and 8-digit PIN on the back side.
They are regularly sold in divisions going from $10 to $250.
Where Can I Sell Footlocker Gift Card In Lagos, Nigeria?
Lagos is the business center of Nigeria and the biggest city in Africa, with a populace of 15.4 million individuals. This shows that there are a lot of monetary exercises happening in the city, including computerized resource exchange. The requirement for trading gift cards for cash has propelled numerous web-based exchanging stages to join the gift card industry, tolerating a few gift cards from clients and paying them as money or crypto. The sum paid for any gift card, for example, a $100 Footlocker Gift card, relies upon the market rate.
Really, there is a heap of accessible choices with respect to where one can sell Footlocker Gift vouchers in Lagos, Nigeria however not this large number of choices are custom-made to a broker’s wellbeing. While certain stages are totally questionable, some are very unacceptable in their activity, subsequently, making them ill-suited for a decent exchanging experience.
For the best-exchanging experience, the Hook exchanging site is the best site to sell Footlocker Gift cards and other gift cards in Lagos, Nigeria, and any place on the planet. Hook is an internet exchange site that offers merchants a consistent approach to exchanging their gift vouchers and digital currency.
Hook exchanging application is pervaded with every one of the elements expected of a decent exchanging stage which incorporates, a decent UI that changes into a decent client experience, high-security convention, dynamic client assistance, a rate mini-computer, and various installment choices. Traders can sell gift cards with the most noteworthy resale esteem on Hook at extremely high rates. Since it has become so undeniably obvious where you can sell Footlocker Gift cards anyplace in Nigeria, we should examine the amount you can get for a $100 Footlocker Gift card on Hook.
How Much Can I Get For A $100 Footlocker Gift Card In Lagos, Nigeria?
The cost of gift cards in the Nigerian naira is consistently reliant upon the market rate at that point. For this reason, Hook has introduced a live rate number cruncher on the application which provides clients with the continuous worth of their gift cards in naira. Be that as it may, at the hour of composing this article, a $100 Footlocker is identical to N48,000 at the pace of 480 on Hook. This is without a doubt the best rate you can go anyplace in Nigeria. You can likewise check the live paces of other gift card rates utilizing the Hook rate number cruncher on the site.
How To Sell Footlocker Gift Card In Lagos, Nigeria
Something beneficial about exchanging on Hook is the simplicity of the exchanging experience. Despite the fact that you may not require this rule before you can finish your exchange on Hook, I will give them to you at any rate.
Below are the steps involved in trading your Footlocker Gift Card;
Download and sign up on the Hook app.
Click on “Buy and Sell Gift Cards“.
Further click on “Sell Gift Cards“.
Select ” Payout Method” and choose Naira.
Click on “Gift Card Category” and choose “Footlocker“.
Click on “Gift Card Type” and choose “Footlocker“
Click on “Amount” and type in the amount of the Footlocker card you wish to sell.
Upload the gift card image if any, if not, type the code in the comment box.
Click on Proceed and Submit Trade. The payment is credited to your Hook Naira wallet instantly.
or you can simply chat with our sales rep on WhatsApp for a quick Trade: here
Conclusion
Footlocker Gift card is an ideal decision of gift card for the vast majority due to the many advantages it provides for clients, including the high resale esteem it offers. You can continuously sell Footlocker cards in Nigeria at the best market rate on Hook. You’ll not just get high rates for your gift cards, in addition, to an extraordinary client experience.
Hook is the only verified best app to sell gift cards online. This is the most secure gift card trading app in Nigeria, where you can get the best rates for your gift cards. With the Hook app, you can exchange gift cards for naira within a few minutes. Hook is currently available for download on Google PlayStoreand AppStore.
Assuming you’re searching for the best Gift card trading site and a genuine website to sell gift cards in Nigeria 2026, you’re perfectly located. Do you know that you can sell gift cards in Nigeria and get paid effectively without succumbing to tricks? You can sell any type of gift card in Nigeria and get instant cash payment within 2 – 5 minutes.
Best gift card trading app with a high rate?
HOOK is the only official and recognized platform to buy and sell gift cards for Cash at the highest rates now. YES! It is Hook or Nothing; we are here for You. Recently, gift cards have become a popular alternative to traditional gifts and Cash.
These days, you can undoubtedly find gift card buyers wherever on the web, on mobile app sites,s and, surprisingly, on WhatsApp. Nonetheless, to sell your gift card is a certain something, and to sell your gift card to a trusted and genuine present card buyer is something else. Getting a trusted and confirmed gift card trade site or buyer isn’t easy to stop.
So many gift card purchasers, merchants, and exchanges are there to trick you out of your gift voucher and won’t pay you by any means. Some of them will give you at an exceptionally low rate, some will pay you once in order to acquire your trust, and afterward vanish when you offer to them sometime later.
As a gift card dealer, you can undoubtedly relate to this; it’s going on like clockwork. By and by, here at this site, we have the interest and the adoration for our perusers/clients on a fundamental level. Subsequently, we have completed a concentrated exploration to look at and examine the gift card trade destinations in Nigeria. We also tried a ton of gift card exchange applications, sites, and merchants.
After so many explorers, we have gotten the genuine and a short rundown of confirmed gift card buyers in Nigeria that you can exchange with to get the best rates, quick payment, and client support satisfaction. From our rundown, this is the Main best gift card exchanging site and genuine locations to sell gift cards in Nigeria 2023.
Hook.ng is the most genuine and best gift card exchanging site in Nigeria that purchases a wide range of gift cards at the most ideal rates with instant cash payment into your bank account. This site is known for quick client support fulfillment and quick payment, by which you get paid within 2 – 5 minutes after redeeming your card.
Hook has been recently suggested by top sites and other news/magazine sites, so it’s not difficult to tell that this is a trustworthy site. They work autonomously and perform exchanges with clients all over Nigeria and so forth. They also pay in Naira and so forth, depending upon how you need it.
Where can I sell my gift card in Nigeria?
Where To Sell Gift Cards In Nigeria. Hook is the best place to sell gift cards in Nigeria. The platform is highly recommended and has proven to be reliable and trustworthy over the years. Hook is an embodiment of the amazing features needed to help you enjoy a seamless trading experience.
Add your bank account details for easy fund withdrawal.
Click “TRADE GIFT CARDS” and select “SELL GIFT CARDS.”
Search for any gift card.
Specify the currency and card type (Physical card, Ecode, Receipt, etc.).
Enter card details: sub-category, value, and amount.
Review the cash payout in Naira and proceed.
Verify the gift card by entering the Ecode or uploading a photo.
Confirm the transaction and receive instant cash in your account wallet for withdrawal.
Start trading gift cards with ease on our platform today! For any queries, feel free to contact us. Happy trading!
You can exchange with Hook by visitingHook and simultaneously, you can reach us on WhatsApp at (+234 901 931 2249).
GIFT CARD – DEFINITION
A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.
Gift cards are also given out by employers or organizations as rewards or gifts. They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at time,s such cards are called cash cards.
Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees. American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies.
A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted. From the purchaser’s point of view, a gift card is a gift, given in place of an object that the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.
One of the many ways to make money online today is trading gift cards. There are numerous gift cards such as Amazon, Steam, iTunes, Google Play, Sephora, Apple, etc you can trade and make profits off for cash. You can trade with hook.ng.
What are Gift Cards?
Gift cards are prepaid debit cards, specific in amount; you can use them to purchase goods and services from the companies that issue them. Virtually all top e-commerce services own gift cards. These companies load the cards for use with a specific amount, which customers can use whenever they wish.
It’s called gift cards because they are used as gifts for loved ones. Hence, rather than giving someone a gift, you can provide them with gift cards, which they will use to pick whatever they so desire.
Gift cards come in a variety of pre-loaded amounts. So, you can find an Amazon gift card for $50, $100, etc.
There are two main types of gift cards. There is the Open Loop Gift card and the Closed-loop gift card. Open-loop gift cards are those you can use anywhere they are accepted. Closed-loop gift cards are only accepted by the store that issued them.
How Can You Make Money With Gift Cards?
Rather than using gift cards in the respective stores that issue them, you can always trade them for money. By trading gift cards for cash, you can do other things.
You most likely won’t need the goods and services from the company issuing the gift card. For instance, if you have a Google play gift card, you may not need to make any in-app purchases. Hence, it’s only reasonable to exchange gift cards for money.
The idea of redeeming gift cards for money is simple. You buy the gift cards from someone, then sell them to another person. There are numerous persons interested in exchanging their gift cards for cash.
However, owing to the scam that’s plaguing the internet, it’s best to sell gift cards to dedicated websites and apps. Reputable companies power these platforms. Once you find the best one, you’ll get the best trading rate while also getting your money instantly.
The main advantage of selling to dedicated Gift card trading companies in Nigeria is security. You feel assured that the company won’t run off with your money.
Though, you should be careful in this case, too, as many fake websites are popping up. Always do your due diligence to ensure you are buying from a reputable company like Hook.ng
Where Should You Be Selling Gift Cards for Cash?
The best site to redeem a gift card in Nigeria is Hook.ng. The company has risen to be one of the most trusted gift card vendors in Nigeria. Since its inception, Hook has built brand loyalty with thousands of customers across the country, thanks to the amazing services they provide per time.
In Nigeria, Hook is the gift card trading app that gives the highest rate. The company’s website is also properly designed; you can easily check for different cards of interest rates here.
How Much Is $20 / $50 / $100 Steam Gift Card in Nigerian Naira Today? [ 2025 ]: At hook.ng, you can sell your $100 steam card to Naira for about #127,000 to #190,000. Steam is a platform that licenses you to buy present cards, yet before this card can be utilised, you must activate it with a code first.
Reclaiming these codes in the Steam Store will add the monetary worth of the card to your Steam Wallet, which you can then use to purchase games.
Steam likewise hook clients to initiate games through the game code, and this will naturally add that particular game to their library. Initiating the Steam gift code is finished through the Steam Store.
Steam gift vouchers are a type of preloaded advanced monetary form, and when redeemed on the Steam platform, they can be utilised to buy games and downloadable content. Steam gift cards are perceived all around the world, and they can be purchased from different retailers.
They come in two significant structures: Physical and E-code. The divisions of this card fluctuate and go from, $20, $50,$100,$200, etc.
$100 Steam Gift Card in Naira
The current price of a $100 Steam gift card in Naira is between 117,500 and 190,000.
However, it is important to keep in mind that the exchange rate can fluctuate, and the actual value will depend on the prevailing exchange rate at the time.
Do you want to sell your steam gift card? Here on the hook, we offer thebest rate in the market today. For a $100 Steam gift card e-code as of today, the naira equivalent is N97,000. The rates can go higher than this depending on the market demand.
As of August 2024, this is the best rate for Steam gift cards in Nigeria.
GIFT CARD AMOUNT
AMOUNT IN NAIRA
$10 steam card
13,000 – 19,000
$20 steam card
27,600 – 39,000
$50 steam card
57,000 – 66,000
$100 steam card
126,000 – 140,000
$200 steam card
290,000 – 360,000
$300 steam card
355,000 – 480,000
$500 steam card
580,000 – 720,000
$100 Steam card to Naira
Steam United Kingdom
£10 – £500
#1600 – #1900
Steam United States
$10 – $500
#1400 – #1600
Steam Europe
€10 – €500
#1500 – #1700
Steam Australia
$10 – $500
#820 – #1000
The UK Steam gift card often has the highest rate in the market. You can sell £100 for #190,000 here on the hook. Click on the button below to start selling. You can also sell other gift cards here such as;
iTunes, Steam, Google, Visa
Amazon, Sephora Nordstrom, Nike
Walmart, Nike, Amex, Roblox
eBay, Best Buy, Home Depot
Apple Store, Macy, Vanilla, Target.
To know the current rate of each gift card above, Check our gift card rate to find out the best gift card rate in Nigeria
How to Sell Steam Gift Cards on Hook
If you have a $100 Steam gift card and you want to sell it, here’s how to sell it on Hook.
The first thing you want to do is to download the Hook app either on the Google Play Store for Android or on the App Store for iOS. Then create an account if you don’t have one. It is free and it takes less than 3 minutes to create.
What is Steam?
So, you’ve probably heard of Steam, right? It’s this super cool digital distribution platform that has tons of games, software, and all sorts of digital goodies for people all around the world. And guess what? You can dive into the Steam universe even more with their awesome gift cards! These cards let you add funds to your Steam wallet, which means you can explore everything they offer.
Now, if you have a $100 Steam gift card and are wondering how to convert it to Naira, don’t stress! This awesome guide has your back, giving you all the details to make the process easy. Let’s get started, shall we?
What are Steam Gift Cards?
Steam gift cards are prepaid cards that can be redeemed on the Steam platform to add funds to your Steam wallet. These cards are available in various denominations and can be an excellent way to purchase games, downloadable content (DLC), in-game items, and software.
Where to Buy Steam Gift Cards:
To purchase Steam gift cards, you can consider the following options:
Official Steam Store: The official Steam website offers digital gift cards that can be purchased directly and sent to your email or to a friend’s email address.
Authorized online retailers: Reliable online retailers like Amazon, Jumia, Best Buy, and GameStop also sell Steam gift cards. Ensure that you are purchasing from reputable sellers with positive customer feedback.
Physical stores: Many brick-and-mortar stores, such as GameStop, Walmart, and Target, sell physical Steam gift cards. Check with local gaming stores or electronics retailers in your area.
FAQs on Selling $100 Steam Card To Naira
Q1. Can I sell my Steam gift card for Naira?
A1. Yes, you can sell your Steam gift card for Naira through several platforms and online marketplaces.
Q2. What information do I need to provide when selling my Steam gift card?
A2. Typically, you’ll need to provide the gift card code and the card’s value.
Q3. How can I ensure the security of my Steam gift card when selling it?
A3. Prioritize reputable platforms like hook with a proven track record of successful gift card transactions.
Q4. How much can i sell $100 Steam Gift Card in Nigeria 2025?
A4. You can sell your $100 steam gift card for #90,000 – #190,000 only on hook.ng
Q5. How much can i sell $500 Steam Gift Card in Nigeria 2025?
A5. You can sell your $500 steam gift card for #450,000 – #800,000 only on hook.ng
GIFT CARD – DEFINITION
A gift card is also known as a gift certificate in North America, or gift voucher or gift token in the UK is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.
Gift cards are also given out by employers or organizations as rewards or gifts.
They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards.
Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.
American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies and other recommendations.
A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.
From the purchaser’s point of view, a gift card is a gift, given in place of an object which the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.
References for $100 Steam Card To Naira
^“GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
