IKEA is a Sweden-based multinational conglomerate company. It was formed in 1943 and is headquartered in Delft, Netherlands. As per the 2019 report, it earned a revenue of 4,130 crores EURO. It is known for its low-priced goods. Let’s know ‘Does IKEA accept Prepaid Cards?’
The customers can purchase any product by visiting the IKEA store or purchasing merchandise online through a personal computer, android or IOS mobile phones, or another internet-connected device.
The payment method at IKEA is as easy as purchasing. They ensure that each customer can get a perfect match as per their style and personality in a budget-friendly environment.
This article is about IKEA’S payment method. We are going to provide you with all the information about
- What payment method does IKEA accept?
- What is a prepaid card scheme? Does IKEA accept prepaid card payments?
- Does the company offer interest-free credits?
IKEA’S PAYMENT METHOD
The company accepts all the major cards, such as credit or debit cards, for the in-store merchandise purchase. The store also accepts cash payments, but currently, they are not accepting cash payments as subject to government rules due to the ongoing Covid 19 pandemic.
The cards they accept are:
- VISA
- VISA Electron
- Master card
- American express
- Apple pay
- Maestro
- Delta
- Android pay
- IKEA Home card
- IKEA Gift card
IKEA accepts only some major credit and debit cards for online merchandise purchases. Cards which the company accepts are:
- VISA
- VISA Electron
- MasterCard
- Apple Pay
- PayPal
- American Express
- Maestro
- IKEA Gift Cards
IKEA’S PREPAID CARD POLICY
A prepaid card policy at IKEA is one of its marketing strategies that has increased its profit rate. Somehow it has also benefited its customers. The IKEA postpaid cards are in the form of either IKEA debit cards, home cards, or gift cards. These postpaid cards are redeemable and used to pay for selective things from IKEA stores such as merchandise, food, services, and beverages.
These IKEA pre-paid cards get loaded with money for customers to purchase goods and services. These cards are bought either at any IKEA location or through online registration at IKEA.
These prepaid cards are also known as prepaid debit cards and stored value cards. IKEA’S prepaid cards do not contain any cash value, so the customers cannot redeem them for cash.
TYPES OF PREPAID CARDS AT IKEA
1- Prepaid debit cards: A prepaid debit card is a payment card with a monetary value stored on it. The IKEA customers could only buy the goods and services from the IKEA location. They cannot withdraw cash from this card. The debit card does not need individual account holder names on them. It can be anonymous.
These cards do not have any time limitations. It depends on the cardholder whether to keep the card for further use or want to dispose of it after its value gets used. It contains customers’ phone numbers, and it generally cannot identify a customer.
2- Gift cards: Another type of prepaid gift card are IKEA’S gift cards. The prepaid cards are in the form of gifts, which a customer can even gift to their loved ones. The cards can get redeemed at any IKEA location in the USA.
IKEA gift cards are easy to use. The customers can pick the values of cards starting from $5. These card’s values can even get increments of $5 to $1000.
Earlier, IKEA’S gift cards were used only in the country of purchase. For example: If you have purchased a gift card in the United States, you cannot use it in Asian countries. Today these gift cards can be used internationally but only in selected countries. These countries are Austria, Denmark, Australia, Finland, Norway, Belgium, Germany, Sweden, Italy, Switzerland, Canada, Ireland, Netherland, Russia, Spain, the Czech Republic, Spain, the United Kingdom, Croatia, Hungary, and Portugal.
The customers can use IKEA gift cards exactly like cash to purchase goods and services at any IKEA store, food court, and market. The gift cards cannot get redeemed or exchanged for cash. Its values work the same as debit cards. There is no expiration date for the gift cards, and they can get used as long as the customers want.
3- Home card: IKEA home cards are basically for regular customers. They are also used as prepaid cards. To purchase a home card, customers first need to get an IKEA family membership. It’s free of cost, and customers above 18 years can get it.
The customers can get home cards by signing up at any IKEA location or through online digital screens. Once the customer registers for the card, the company will send the physical card to their registered address within one month of registration.
IKEA’S INTEREST- FREE CREDITS
The company offers an interest-free credit policy to its customers. The credit policy is different for both in-store and online shopping. While shopping in-store, IKEA offers 0% APR Representative from Pound 99 to 15,000, and while shopping online, they give offers in points. The interest-free credits differ from period, season, and festival time.
The customers can apply for credits for all the products that accept food, delivery/collection, and kitchen or washroom installation.
CONCLUSION
The prepaid card policy at IKEA has influenced the people towards the company. This scheme has stepped in positively for both the customers and the company.
We hope this article may help you know about IKEA’S prepaid card policy.
