The trade of pay as you go stored-value playing cards for forex or different types of fee is a typical apply. For instance, a client would possibly trade an undesirable reward card for money or use it to buy items or companies from a third-party vendor, even when that vendor is not the unique issuer of the cardboard. This exercise creates a secondary marketplace for these playing cards.
This secondary market gives a number of benefits. Customers acquire flexibility by liquidating undesirable playing cards, whereas companies specializing in these transactions present a invaluable service and generate income. The historical past of this apply is tied to the growing reputation of reward playing cards, because the demand for a mechanism to trade or resell undesirable playing cards naturally arose. This has led to the event of on-line platforms and bodily kiosks devoted to facilitating these transactions.
