I wanted to share some exciting news about the cool site Cardswap.ca with all my Canadian friends out in the blogosphere who might be looking to save or make a bit of extra cash this holiday season! Cardswap.ca online marketplace helps thousands of shoppers securely purchase discounted gift cards! You can save between 10% to 40% by buying discounted gift cards or safely swap your unwanted cards for cash. The site is available exclusively to Canadian residents.
The company is also having a contest where you can enter to win an Ipod Touch! Visit www.CardSwap.ca to enter the contest. There is no purchase necessary to enter the giveaway. The terms and conditions specify you must be a Canadian resident to be eligible for the prize. When your asked, enter PIN BL2358 on the contest form. Good luck!
CardSwap.ca first in Canada: Launches to redeem $3.5M of unused gift cards
Toronto – CardSwap.ca is a peer-to-peer online market for discounted gift cards. It serves two types of people: Savvy shoppers who are looking to save money before heading to the malls, 10-40%off face value; and gift card holders who would prefer to have cash. CardSwap launches this holiday season by providing trusted third-party services to this unserved niche of consumers. It’s like an eBay exclusively for gift cards, but better, as CardSwap provides a guarantee on the funds and value in the card.
It is estimated that as much as 10-19% of gift cards are never redeemed, probably forgotten or lost. In a $3.5billion dollar Canadian industry, this is a huge problem.
CardSwap is now giving consumers holding these unwanted gift cards a choice. Simply: Register, post the gift card up for sale (which is verified before listed) then sit back. The seller will receive an email notification when the card is sold. Sellers have full control over the price of the gift cards and are charged 6% (minimum $4.50) of the sale price.
In the current economic climate consumers are more shrewd and look for ways to stretch their dollar. CardSwap buyers can expect gift cards to be posted at a 10-40% discount and know that all the postings have passed a stringent verification method and are backed by “CardSwap Certified” guarantee. With this guarantee and “no credit card policy” it eases fears of online fraud. CardSwap uses INTERAC online as their sole payment provider; which redirects them to complete the transaction with their own secure financial institution. Users may create a Wish List of favourite retailers and are notified when gift cards from these retailers become available, allowing them to reap the savings from their regularly shopped stores without ever having to search the site.
CardSwap has already attracted thousands of registered users who have enthusiastically embraced this new online site. This Toronto based company, is the first in Canada but has already been proven by the several successful sites in the US (ie. PlasticJungle.com, CardAvenue.com, mentioned in New York Times, Oprah, Wall Street Journal). In this era of free information, consumers are able to connect using easy to navigate technology for very specific reasons, such as e-commerce sites like CardSwap.