Nigerian Gift Card Exchange FAQs

Gift card exchange allows you to convert unused or unwanted foreign gift cards (e.g., Amazon, iTunes, Google Play, Steam) into Nigerian Naira (NGN) deposited directly into your local bank account. In Nigeria, platforms like GiftCardHome act as intermediaries: you submit your gift card details, the platform verifies its validity and balance, and then you receive NGN payout via your preferred local payment method.

This service is popular in Nigeria because it provides a way to access foreign currency value without relying on traditional forex channels, and it's faster than most international money transfer methods.

Yes—provided you use a Central Bank of Nigeria (CBN)-compliant platform like GiftCardHome. The CBN regulates all financial transactions involving foreign currency, including gift card trading in Nigeria. Unauthorized platforms or peer-to-peer (P2P) trades without regulatory oversight may violate Nigerian financial laws and put your funds at risk. Always verify a platform's CBN license (e.g., check for CAC registration and CBN approval badges) before using it.

Any Nigerian resident or citizen aged 18+ with:

• A valid Nigerian bank account (individual or business).
• A government-issued ID (e.g., NIN, driver's license, international passport) for account verification.
• Legitimately obtained gift cards (no stolen or fraudulent cards).

Minors may use the service with parental/guardian consent and a joint bank account.

We support over 50+ global gift card brands for exchange in Nigeria, including:

Note: Regional restrictions apply—e.g., an Amazon UK gift card cannot be processed as an Amazon US card. Always select the correct region when submitting your card for exchange in Nigeria.

We cannot accept:

• Stolen, expired, or already redeemed gift cards.
• Partial-balance cards (unless you disclose the remaining balance upfront).
• Region-locked cards not intended for the US/UK/CA/EU markets (e.g., Indian Amazon or Japanese iTunes cards).
• Promotional gift cards with usage restrictions (e.g., "not for resale" or "valid only in [specific country]").

Yes. physical cards typically have slightly higher rates (0.5–2% more than Digital e-codes) because they are faster to verify and carry lower risk of fraud. Physical cards require you to upload clear photos of the front/back (including the security code), and verification may take a few extra minutes—whereas e-codes are verified instantly.

1. Create/Log In to Your Account: Sign up with your email/phone number, and complete basic verification (email/phone OTP).
2. Select Gift Card Details: Choose the brand (e.g., Amazon), region (e.g., US), and type (physical/e-code).
3. Submit Card Information:
   - For e-codes: Enter the card number and PIN (never share this with anyone outside the platform).
   - For physical cards: Upload clear photos of the front (showing the brand/logo) and back (showing the security code and balance).
4. Confirm Balance: Enter the expected card balance (e.g., $50, £25)—we will verify this during processing.
5. Choose Payout Method: Select your preferred Nigerian bank or payment wallet (e.g., GTBank, Flutterwave, Opay).
6. Submit & Wait for Verification: Our team verifies the card within 3–5 minutes (peak hours: 5–8 minutes).
7. Receive Payout: Once verified, NGN is deposited into your account—you'll get a notification via email/SMS.

• Verification: 3–5 minutes for e-codes; 5–8 minutes for physical cards (if photos are clear).
• Payout: Instant (0–2 minutes) for most banks (GTBank, Access Bank, Zenith Bank) and wallets (Opay, Paga). Some smaller banks may take up to 30 minutes due to internal processing delays.

Note: All timelines are in West African Time (WAT). Peak hours (9 AM–5 PM WAT) may have slightly longer wait times.

Yes. After submitting your card:

1. Go to your GiftCardHome dashboard and select "Active Transactions."
2. You'll see real-time status updates:
   • "Pending Verification": We're checking the card's validity and balance.
   • "Verification Failed": Check your email for details (e.g., blurry photos, invalid PIN).
   • "Verified & Processing Payout": Funds are being sent to your bank/wallet.
   • "Completed": Payout has been successful—check your bank statement.