An American e-commerce corporation called PayPal aids in the facilitation of payments during online transactions. They are one of the most popular payment processors in use today and are recognized as the quickest and safest methods of sending and receiving money through online transactions. Their main goal is to enable online shopping for their consumers while also encouraging them to avoid giving out their credit card information to dubious online merchants because it is impossible to tell whether small, obscure internet merchants have strong encryption. PayPal can sell and receive money, as was already said, but can they also buy gift cards? This post will discuss the solution to this query. Let us know ‘Does PayPal Buy Gift Cards?’.
Yes, PayPal allows for the purchase and sale of gift cards for loved ones. Gift cards are another accepted form of payment in the US, and they can be used anywhere PayPal is accepted, including shops, petrol stations, restaurants, and other establishments. You use it by adding funds to the card, which you or the gift card’s recipient can then use at places that accept it around the world. There are countless gift cards available for a variety of uses, including department stores (Lowe’s, Walmart, etc.), restaurants, iTunes, beauty products, movie tickets, and Home Depot. Anything you can think of is available on PayPal.
PayPal Selling Gift Cards:
Paypal can sell gift cards just like how they can buy gift cards. PayPal being an electronic system that helps you in transferring and receiving money within a short period is also a platform that supports all businesses. As a business owner, you can create special gift cards for your brands and put them on PayPal as a platform to help you sell them. All you need to do is to select whichever designs best befit your brand to create it. However, it is left to PayPal to advertise your gift card to buyers. Buyers will then decide which gift card value they are interested in buying.
Steps Required in Purchasing Gift Cards On PayPal
Gift cards can be bought through their website by clicking on PayPal.com (US) or through their Facebook marketplace store. You can not have access to gift cards on Facebook with an account that is not a US one hence, check your Facebook page to confirm whether you are using a US Facebook account to avoid unnecessary troubles. There is a restriction when using the Facebook account, and that is you can always purchase gift cards for yourself and not for others. The following steps will highlight all you need to know
- Go to the PayPal website to visit their online stores, you will find a wide range of gift cards that you can select from
- Click on the type of gift card you are interested in buying and also the amount of value you want to be loaded on it
- Enter the recipient’s email address, with your full name and a short message that will be sent along with the purchased gift card if you are not the owner and you are buying for someone else
- Log in to your PayPal account to complete the purchase of your gift card
Time It Takes To Receive A Gift Card From PayPal
Customers are advised to be informed of how long it will take to process their purchased gift cards before they may receive them to avoid needless complaints. Within a few hours of the purchase, a link to your gift card or the email address of the receiver (if you are sending it as a present) will be emailed to the email address that was entered. Technical issues can occasionally occur, and it may take up to 24 hours before you receive something, but if 24 hours have passed and you haven’t received anything, something is wrong. Before contacting their support page to file concerns, you should check your email for spam.
How Does Digital Gift Card Buy From PayPal Work?
Digital gift cards are nothing but the evolution of traditional gifts. The type of card you bought will depend on the particular store you are expected to use it in. For Example: If a person sends you a gift card with a value of 50$ from Amazon.com. You can visit Amazon.com, and purchase any product less than or equal to 50$. Once you are on the checkout page, there will be a separate column to enter the coupon code or gift card number, simply enter the number on your digital gift card. The price will be deducted from the account it was purchased from. The person sending the gift card will pay for the card and send it to you for purchasing anything worth that amount from the eCommerce store. In most cases, the gift card should be used before a particular period.
PayPal is one of the safest and fastest American e-commerce companies that facilitate payment through their online platform. They are also known to buy and sell gift cards from different stores which can be used for a lot of purposes. The process and steps required in buying gift cards from PayPal have been listed above