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While GiftCash accepts gift cards from a smaller number of merchants, its payout is up to 93% of the value of your card. Sell gift cards with balances ranging from $25 to $2,500. More popular ...
Use gift card exchange apps. Specialized apps like Prepaid2Cash and Cardtonic focus on converting gift cards directly to cash, making the process fast and convenient through a mobile-friendly ...
Founded in 2008, CardCash is the first secondary gift card market for unused gift cards on the web, and the company claims it's the world's largest gift-card exchange. CardCash offers users a ...
Raise.com is an e-commerce platform owned and operated by Raise that enables third-party individuals to sell Gift Cards on a fixed-price online marketplace alongside Raise's regular offerings. [1] The company is based in Chicago, Illinois , and was launched in 2013 by founder George Bousis, who still remains the Executive Chairman and CEO.
CardCash was created by Bohm and Ackerman after one holiday season when they were left with several unused gift cards, much like other consumers. In fact, a 2008 Consumer Reports survey found that a quarter of gift card recipients do not use the cards within a year and eventually lose them. [4] [5]
Another way gift card fraud occurs is when a retailer's online systems which store gift card data undergo brute force attacks from automated bots. Tax refund fraud is an increasingly popular method of using identify theft to acquire prepaid cards ready for immediate cash out.
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