Growth is a constant universal factor, and gift cards are not left out of this phenomenon. What started as a gift voucher about 20 years ago has now evolved into gift cards today that make gifting and trading more comfortable and safer than before. This is a testimony to the fact that the use of gift cards have evolved. Well, going by the present facts and preferences for e-gift cards, the future of gift cards is close by!
What Are Gift Cards?
Gift cards are prepaid cards loaded with certain amounts of money that one person gifts another to enable the recipient purchase at the host store or its branch or affiliate stores. In essence, gift cards relieve you of the stress of wondering if someone would like a gift you sent them or not. With a gift card, they have access to the stores themselves and select whatever catches their fancy or enjoy the services to the extent that the card is valuable and valid.
The Future of Gift Cards
Gift cards started as vouchers and soon evolved into the plastic form now commonly used in many parts of the world. However, plastic gift cards might soon go extinct as we continue to devise means to make our transactions easier.
Available statistics reveal that the adoption of virtual gift cards is the new trend. The switch from plastic to online gift cards is already making waves in the finance industry, and everyone loves the convenience it brings. In the United States, renowned gift cards companies such as American Express, MasterCard, eBay and Amazon, among others, have all adopted digital gift cards to make online shopping and services easier. Imagine walking into a store without the worry that you left your gift card at home.
Why e-Gift Cards?
Just if you were wondering, here’s why the future of gift cards is online:
We all love the easy life, don’t we? No pressure of carrying about cash or its equivalent in plastic cards and risk losing them. Also, with the e-gift card sitting right there in our mailbox or on our smartphone, we can now shop online or enjoy services anywhere without a physical card.
Self-purchase and Personalization of Gift Cards
Self-purchase is a new avenue for easy and calculated expenditures. In a bid to track their expenses and stay true to their budget, people purchase specific purpose gift cards for themselves. More so, the growing need to personalize gift cards is another reason for digital gifting. With the online ‘Gift Card Extension’ feature, you can customize a card, attach the name of the recipient and a short message to them.
A Better Alternative
As the world continues to create policies to preserve the environment, seeking alternatives to plastic is now a cause to take seriously. In this case, e-gift cards help to save the planet because they replace plastic gift cards which would have otherwise been burned when they expire.
E-gift cards are also easy means for businesses to take the demographic data and customer behavior of their customers and clients, so as to make valid business decisions. Virtual gift cards hold lots of promises for every party involved in financial transactions, and it would be no surprise if plastic gift cards go into oblivion in the nearest future.
Cardtonic operates as a trading platform with direct gift card brokers. Cardtonic also provides flexible trading options to allow the ease of trading. This platform allows the option of trading via Instant messenger, website and a mobile app for convenience.
Trading is done easily through the mobile app, website and instant messengers. Moreover, this platform processes over 10,000 transactions each month. Given so much volume, the company possesses a brilliant reputation for being secure and reliable.