Gift cards are one of the most popular e-commerce products bought in Canada. The demand for gift cards in Canada has been growing yearly. This demand especially surged during the covid-19 lockdown and has made gift cards a successful industry. The value of the gift card market in Canada in 2023 was worth about 46,512.30 million USD. By 2032, this value is expected to reach 101,751.91 million USD at an impressive compound annual growth rate of 9%. The stats speak for themself and should clearly tell how much the demand for gift cards in Canada is. This opens up an opportunity for business: you can sell in-demand gift cards in Canada and take advantage of this demand.

Ways to sell gift cards Canada

There are two main ways through which people in Canada sell unwanted gift cards. The first option is either by opening a physical gift card store or kiosk in your local area. The second method is establishing an online store on a website. The website can be either your own or someone else's. Let’s look at how the two methods differ from each other. Physical and digital gift cards can be acquired from local and online stores respectively. 

Local Store

If you want to sell gift cards Canada in your local area, you can open your very own local gift card store through which you sell your unused gift cards to people around you. You can get instant cash for your sales and keep all of the money you make. While this may seem attractive to some people, remember that your business will be limited to only the people around you which means you won’t receive that many buyers as compared to online selling. Additionally, you will have to be present at your store if you want to sell gift cards.

Online store

Instead of opening a local gift card store, you can sell gift cards online through a website. You can build your own website and start selling gift cards on your terms. You will get to keep all the money you make and you can run your business from your own home. However, building a website first can be difficult and time-consuming for beginners so if you don’t want to go through the hassle of building a website, you can create a seller account on an online marketplace. It is basically the same as running your business through your own website, except that you will have to abide by the terms of service of the platform and also pay a small percentage of the money you make to the platform.

One of the best online marketplace options — Buysellvouchers.com

If you are attracted to selling gift cards on an online marketplace, then what better platform could there be than Buysellvouchers? Buysellvouchers.com is one of the leading platforms when it comes to buying and selling gift vouchers. You can exchange gift cards for money very easily on Buysellvouchers. All you have to do is create a seller account and then you can start running your business. This option will allow you to sell gift cards from Canada or from any other palace in the world.

Popular categories and products

Buysellvouchers allows its users to trade gift cards of almost any platform in the world. It offers gift cards for a lot of popular categories such as gaming which includes PSN, Steam, Xbox, Razer Gold, Roblox, Nintendo, Free Fire, Mobile Legends, and E-commerce gift cards which includes Amazon, Walmart, Amazon, and Home Depot gift cards.

How to add a product for sale to the Buysellvouchers platform A. Account setup and verification process To create an account on BuySellVouchers, click on the Register button at the top.

After that, you can either Sign-Up using your existing Google account or alternatively create your own unique BuySellVouchers account by entering a valid e-mail address, a username and password.

After you input your details and click on the Sign-Up button, you will then be asked to verify your email by clicking on the link you just received in your -mail address. Do that and you’re all good to go.

B. Listing your gift cards for sale

To list a product for sale on BuySellVouchers, follow these steps:

1. Click on “Dashboard” from your profile.

2. Go to the Profile tab.

3. Click on the Start Selling button.

4. Complete the verification and then go to the My Products tab.

5. Click on My Products.

6. Select Add New Product.

7. Select Add New Product. Follow the instructions and add all required information related to the product (Name, Category, Price, Description, Image).

8. Specify the payment methods in which you want to receive payment from the buyer.

9. Enter the product codes and save them by pressing the "Save" button.

Your product has now been listed for sale and all you have to do now is wait for potential buyers. It might take some time to successfully grab your first order but once you do, it only gets easier and easier from there. 

Withdrawal options

One of the outstanding features of Buysellvouchers is that it makes the exchange of gift cards very accessible for its buyers. One step that Buysellvouchers has taken to accomplish this goal is by offering a wide variety of payment methods available to its sellers and buyers. Users can choose from several popular cryptocurrencies, including Tether TRC20 (USDT), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), DAI (BEP20), USD Coin TRC20 (USDC) and USD Coin ERC20 (USDC). You can also pay or receive cash through e-currency methods such as Perfect Money. Supporting the use of a large number of different payment methods ensures that any person in the world doesn’t remain restricted from buying or selling gift cards. You can use the available payment methods to sell gift cards Canada or any other place in the world.

Buysellvouchers Official Store: The best source for gift card resellers

Undoubtedly, Buysellvouchers Official Store is one of the best options for gift card resellers. Here you will find a large offer of discounted gift cards. Which you will be able to get not only cheaply, but also in a safe way, as it is in the official store. Another reason to buy gift certificates from the official store is that it offers a wider range of payment methods: 

Maya, GrabPay, Tinkoff, Sberbank, QIWI Bank, NEFT RTGS, PAYTM, PhonePe, Freedom, Home Credit, IBAN Transfer, Jazz Cash, 7-Eleven, OXXO, BBVA, Mexico SPEI, Xalq Bank, Humo, China Union Pay, Uzcard, ABB, Bank of Baku, Mandiri Bank, Bank Central Asia, Permata Bank, Lemon Cash, REBA, Prex, Etisalat Cash, NBE Phone Cash, Orange Cash, ANK, Vodafone Cash, Monobank, PUMB, PrivatBank, and many others.

Final words

If you are from Canada and considering a gift card business, this article is a good introduction for you. The gift card market in Canada is growing and most likely this trend will continue. Therefore, it is a good time to consider how and where you could sell gift cards and weather through a physical or online store. We believe that the better option is selling through an online marketplace such as Buysellvouchers as it saves you the time required for building your store or website and also offers great terms of service and an unbelievably low seller commission fee. But it's certainly not the only option, be sure to do your research before making a final decision.

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Company Name: BuySellVouchers
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Website: https://www.buysellvouchers.com/