In today’s digital age, convenience and flexibility are highly valued, even in gift-giving. As a result, e-gift cards have become increasingly popular as an alternative to traditional gifts. These electronic gift cards allow you to give a specific amount that the recipient can use at their favorite store or restaurant. It’s no wonder that gift cards have become a popular trend, with recent statistics showing that over 92% of Americans have either given or received one.
However, while “gift cards” is a general term encompassing physical and electronic cards, we will focus on e-cards in this article.
So what is an e-gift card, and how do they work? We will find out shortly.
What is an e-gift card?
An e-gift card is an electronic version of a traditional gift card. Instead of a physical card you can hold, an e-gift card is delivered through email or a mobile app.
It works like this: you purchase an e-gift card online or through a mobile app and provide the recipient’s email address. The recipient will then receive an email with the e-gift card attached or a code to redeem the e-gift card on a retailer’s website. The recipient can then use the card to make online or in-store purchases, depending on the retailer’s policy.
Digital cards are often a popular choice for gift-giving because they are easy to send and can be personalized with a message or image. They’re also convenient for the recipient because they can be easily accessed through their mobile device or email, and they don’t have to worry about misplacing a physical card.
How do e-gift cards work?
When you buy an e-gift card, you typically choose the retailer or brand you want to send the gift card from, select the amount you want to give, and then enter the recipient’s email address. The recipient then receives an email with the gift card information, which usually includes a unique code that can be redeemed for the gift card’s value.
One of the great things about eGift cards is that they can be redeemed online or in-store, depending on the retailer. This means that the recipient can use their gift card to shop from the comfort of their own home, or they can use it to make an in-person purchase at a physical store.
It is also important to note that there are a few different types of eGift cards. Some are tied to specific retailers, like Amazon or Starbucks, while others are more general and can be used at various stores. Some cards are also reloadable, meaning you can add more money to them once used.
You might be wondering if redeeming digital cards is easy.
It’s just as easy as walking into a store to get something or buying stuff online. 2020 saw a massive adoption of e-gift cards. At the time, the market for digital gift cards was valued at $258.34; recent estimates project the market to expand to $ 1,101.03 billion by 2030, at a CAGR of 15.8%.
What are the benefits of an e-gift card?
Read the full article on our blog- https://workee.net/blog/how-e-gift-cards-can-enhance-your-freelance-business
