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Best Platform to Sell/Redeem Giftcards in Nigeria

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GiftCards hub

Nigerians are becoming aware of how much profit they can make from trading gift cards for cash. It is no wonder that gift cards vendors are found everywhere; from WhatsApp statuses, Twitter timelines and sponsored ads, Instagram, to Facebook pages.

And even if you do not have any internet presence, you may have seen one or two billboards in your city advertising a gift card platform or company.

A gift card or gift voucher is a prepaid value card offered by retailers/banks as an alternative medium of payments for goods bought or services rendered. In Nigeria, most retail outlets do not accept them as a means of payment. However, the gift card industry is a gold mine and Nigerians benefit from it by selling gift cards for cash.

Most people own gift cards but are scared to exchange gift cards because they’re sceptical about the best platform to trade gift cards. As mentioned above, gift card vendors are everywhere, and if one is not careful, one might get scammed or cheated.

Well, GiftCards Hub is here to save the day. With over five years’ experience in providing customers with the best gift cards trading experience, the GiftCards hub is intentional about protecting its customers against gift cards scammers/rippers.

Why GiftCards Hub is the Best 

Of course, there are a lot of gift card trading platforms out there with different features and functionalities, but there is a reason why GiftCards hub is the industry’s best. When it comes to peak customer satisfaction, GiftCards hub stands tall above other platforms. Perfect customer service is just one of the many things you stand to gain when you choose giftcards hub. Written below are the other reasons why you should choose giftcards hub for any gift card transaction.

  • Reputation and Certification

Giftcards Hub has been serving gift card traders since 2017 and they’ve done it so well. It is evident in how loyal many customers they have gathered since then.

The reputation of GiftCards hub precedes it, each user a different story of how good it served them. Because of how well GiftCards hub has served their customers, they have become the most prominent gift cards trading platform in the country. You can check out GiftCards Hub reviews on Trustpilot.

Giftcards Hub is a legally registered company with the Nigerian Corporate Affairs Commission. Three words to describe GiftCards Hub; trustworthy, reputable, and verified.

  • Best rates

This is every trader’s dream, to sell gift cards at the best rate and maximize profit. Exchange Giftcards for cash at the best rates with GiftCards Hub.

They buy and sell a wide range of gift cards which includes; eBay, iTunes, Google Play, Amazon, steam wallet, Sephora, Nordstrom, USA visa giftcard 100-500, Apple Store, USA AMEX GOLD 3779, USA vanilla visa/onevanilla, USA Walmart giftcard, and Nike Giftcard. You can trade any of the gift cards for cash using the website.

The rates of each card can be easily calculated using the giftcards hub rate calculator on the website.

  • Fast payment

Sell gift cards for cash instantly on Giftcards Hub. In less than five minutes after transactions have been confirmed, payments are made in naira into your GiftCards Hub wallet from which you can withdraw to your normal bank at any time. GiftCards offers transparent transactions with no hidden charges.

  • Privacy policy

In its five years of serving customers, GiftCards Hub has never been attacked by hackers. GiftCards Hub is well-invested in ensuring that all personal and card details are well protected. This is achieved by the use of top-notch technology to fortify their website. No third party will ever have access to your account. Everything you need to know about the privacy policy is on their website.

Ready to make some profits? What are you waiting for? Log on to https://www.giftcards.com.ng  to create an account and get started.

Frequently asked questions

How do I withdraw funds from my GiftCards Hub wallet?

Funds can be withdrawn from your Giftcards hub wallet by simply following these steps;

  1. Create an account on https://www.giftscardhub.com.ng
  2. Log in to your dashboard
  3. Scroll down to the withdraw funds section.
  4. Input the amount that you want to withdraw and the bank account you want it to be sent to. Your funds will be sent to you within 10 minutes of the withdrawal request.

How to sell USA AMEX gift cards in Nigeria?

USA AMEX gift cards can be sold via Giftcards hub at the best rates. No hidden charges whatsoever, only seamless transactions.

How much is a $100 Nordstrom gift card in naira?

Nordstrom gift card worth $100 is currently sold for 34,000. Note that this price can change at any time, but no worries because GiftCards hub got you covered as we constantly update our website as regards any change.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Sendbox Raises $1.8m to Digitise Deliveries for African SMEs

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Sendbox

By Adedapo Adesanya

Nigerian-based e-commerce merchant platform, Sendbox, has raised a $1.8 million seed round from investors comprising 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments.

With participation from Flexport and YC Combinator as part of its 2021 winter cohort, Sendbox’s total investment raised has now reached $2 million following a pre-seed round from Microtraction and 4DX Ventures in 2018.

The injection of the new fund will allow the platform to further digitise deliveries for African small and medium-scale enterprises (SMEs) through its delivery management platform, which aggregates logistics providers and enables tracking.

The next stage of the company’s growth will see a move towards financing and payments, followed by e-commerce and marketplace integrations across West Africa and further afield.

The company will also be able to offer a solution for merchants who lack the high volumes required to attract discounted delivery fees.

To date, over 10,000 Nigerian SMEs have sent 200,000 products through Sendbox, saving on average 30-40 per cent per item by eliminating the need to work with separate logistics providers.

According to the company, the new funding will be used to expand the company’s operations in other countries across West Africa, bolster the development of its product range, and hire new talent.

Commenting on Sendbox’s fundraise and growth ambitions, Mr Emotu Balogun, CEO and co-founder of Sendbox said, “No matter where in the world customers are, we want African SMEs to be able to reach them.

“Deliveries in Lagos, Abuja, Port Harcourt and Ibadan have made up a large proportion of business for our domestic merchants. On top of that, affordable access to the UK, EU, US, and Canada has created an opportunity to sell products to hundreds of millions of previously unreachable buyers.

“With this fundraise, we aim to support more and more SMEs and help them grow both locally and internationally, scaling alongside them as we connect African merchants with a global community of consumers.”

On his part, Mr Walter Baddoo, co-founder and General Partner at 4DX Ventures said, “African e-commerce is accelerating faster than anybody could have imagined a decade ago, and it needs smart solutions to ensure that logistics and fulfilment capacity doesn’t lag behind.

“Not only were we impressed by Sendbox’s 300 per cent year-on-year growth since launch, but we’re seeing the market potential balloon with over 40 million Nigerian SMEs and a projected industry value for social and e-commerce reaching $45 billion on the continent by 2025.”

With 200 million Instagram users and one million Instagram businesses in Nigeria alone, Sendbox is well-positioned to serve this growing market and multiply its merchant count over the coming months, adding that it is planning on banking on mobile penetration on the continent.

Launched in 2018, the company provides affordable access to local and international delivery options for small-scale merchants selling on e-commerce and social media platforms.

Accessible to iOS and Android users, via a web application, on Whatsapp, Facebook, Instagram and other e-commerce platforms, and through developer APIs, Sendbox is providing a single location to manage both local deliveries and international shipments to the European Union, UK, US and Canada.

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German Firm Partners Freddy Hirsch Nigeria to Boost Food Innovation

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Freddy Hirsch Nigeria Boost Food Innovation

By Sodeinde Temidayo David

In a bid to boost food innovation across West Africa, a German-based nutrition supplier, Symrise AG, has partnered with Freddy Hirsch Nigeria, a manufacturer of ingredients.

According to the statement issued today by Symrise AG, the partnership will focus on the development, launch and commercialization of transformational food products, which includes general seasoning, bouillon meat, snacks, and instant noodles.

Freddy Hirsch Nigeria, a leading West African manufacturer of ingredients and flavours, boasts world-class Research, Development, and Application laboratories and manufacturing facilities.

On the other hand, Symrise AG is a global multi-billion-dollar fragrance, care, flavour, and nutrition supplier present in over 100 countries.

According to the Sub Regional Director, Flavour Africa Middle East, Symrise AG, Mr Sofiane Berrahmoune, the company is set to deliver its products and services at a greater speed to market in Africa, and for this reason, has partnered with Freddy Hirsch Nigeria.

Symrise AG spokesperson further stated that the partnership will give the company deeper access to valuable insights about Africa’s food industry.

This follows as increasing urbanization, rising incomes, a growing regional population, and evolving lifestyle changes are driving the African food flavour and enhancer ingredient market and increasing the consumption of processed foods and beverages.

The global flavour and fragrance market is projected to reach $36 billion in 2022 with Africa expected to play one of the biggest growth opportunities.

Also, according to a forecast for the period of 2020 to 2025, the Africa food flavour and enhancer market is foretold to witness a compound annual growth rate CAGR of 5.12 per cent as the continent proved to be a growing market.

Mr Berrahmoune concluded his statement by saying “together, we are stronger than ever, committed to co-create with Freddy Hirsch Nigeria, combining the best of our strengths and leveraging our strong global footprint with our winning local flexibility, market, and consumer understanding.”

Also speaking on the partnership, the Managing Director of Freddy Hirsch Nigeria, Mr Kojo Brifo, expressed that his company is set to achieve its vision of creating authentic African flavours and tastes.

He noted that Freddy Hirsch has invested in a Research, Development, and Application laboratory and a manufacturing facility with world-class quality management systems, in West Africa.

Mr Brifo added that partnership with Symrise AG will provide an acceleration of flavour development across West Africa and will increase the creativity of customized flavours, help our customers attain speed to market, and enhance their operational agility.

Together, Symrise AG and Freddy Hirsch Nigeria are set to position themselves as the leading contributors to the evolution of the food and beverage industry in West Africa and the Middle East.

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Bolt Commences Food Delivery Service in Nigeria

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bolt in-app calling feature

By Modupe Gbadeyanka

In order to offer good working conditions to food couriers and profit to restaurant partners, a leading ride-hailing platform in Africa, Bolt, has launched a food delivery service.

A statement from the company said the Bolt Food Delivery will offer customers competitively affordable, efficient food delivery service and help to provide easier access to daily essentials.

With over 30 million customers worldwide, Bolt has built its ride-hailing platform efficiently to offer the best service in the sector to drivers and riders, positioning the company as a leader in Nigeria’s mobility sector. The company will now extend its expertise to food delivery to advance the sector with innovation and technology.

“We are excited to launch Bolt Food, which will allow Nigerians to order food from their favourite restaurants and receive it quickly and safely at their home or office,” the Bolt Nigeria’s Country Manager, Mr Femi Akin-Laguda, said.

“Our ride-hailing business is built on efficiency and easing mobility for riders while offering drivers a flexible opportunity to earn more income.

“Bolt is eager to bring this approach to food delivery and ensure that our partner restaurants benefit from our loyal customer base. This is also a way for us to augment the earning opportunities for Nigerians by contributing to the gig economy.

“We will ensure that it is worthwhile for couriers on the platform like drivers have benefited from our ride-hailing platform,” Mr Akin-Laguda concluded.

The entrance of Bolt Food to Nigeria will help restaurants have a broader reach to customers, with Bolt acting as a reliable platform for affordable delivery and efficient service. At the initial stage of the launch, customers can only place food orders from more than 100 restaurants in Lagos Island. Bolt is looking to add new restaurants to the app daily while also expanding to other parts of Lagos soon.

To place an order, users can download the Bolt Food application on their smartphone, with an array of different restaurants and available menu options to choose from. The application also provides customers with various price ranges and an estimated delivery time. Initially payments will be paid by cash, and customers can specify the location for contactless delivery drop-offs upon order arrival.

Bolt Food was first launched in Estonia in August 2019. The service is also available in South Africa, Ghana and Kenya.

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