Small-scale entrepreneurs often engage in gift card flipping. They scout for people desperate for quick liquidity—such as those selling on classified sites like Facebook Marketplace or Craigslist—and offer cash on the spot.
Physical machines, often found in grocery stores, that provide immediate cash offers (usually at a lower rate) for physical cards. Value-Seeking Consumers who buys gift cards for cash
People who buy in bulk to sell to larger exchange sites when the "buy" rates are high, profiting off the margin. The Role of Necessity Small-scale entrepreneurs often engage in gift card flipping
💡 The gift card resale market exists because cash is the only truly "universal" currency, and buyers are always willing to trade liquidity for a discount. Value-Seeking Consumers People who buy in bulk to
Individuals who use gift cards as a way to "pre-pay" for recurring expenses like gas or groceries while saving money in the process. Arbitrageurs and Resellers
Sites like CardCash or Raise buy cards directly to build their own stock.