"We have seen tremendous volume and are very happy with the success and impact of the partnership says m CEO Elliot Bohm.
The retailer plans to test the service for several weeks to determine whether it will keep it around.
The gift card can be used at m, m, Walmart stores gift vouchers kuala lumpur and Neighborhood Markets (print it out and hand it to the cashier and Sams Club (print it out and hand it to the cashier).
If you want to accept their offer, you will then enter the information from the other merchant's gift card.Here's how it works: Visit m and click on the "Enter a Merchant" field to see a list of merchants' gift cards that can be traded in for a Walmart e-gift card.While no gift card exchange will pay full value for a card, Walmart's current payout rate - the percentage of the face value that you will receive in exchange for your gift card - appears to be higher than the industry norm.You can use the code on the Walmart e-gift card to make purchases online or print it out to make purchases in Walmart stores.The exchange value for non-retail gift cards wasn't as generous, though Walmart's offer still came out ahead.Bohm says the exchange offers on m are, on average, 5 better than competitors' offers.Best sellers, best sellers, price: low to high, price: high to low.There's no need to mail in your old gift card since the value is transferred electronically.According to Walmart, it's offering up to 97 of the face value of gift cards.For example, you can exchange a 50 Best Buy gift card for a Walmart e-gift card worth.20.RED robin, cold Stone Creamery, see more brands, refine.There are other sites like m, m and m that also offer gift card exchanges or sales.Cardpool will also exchange gift cards for m gift cards.
Once they verify the balance, you will receive a Walmart e-gift card via e-mail.
Along with information about the gift card you want to exchange, you'll have to enter your name, address, email, phone number and credit card number (to verify your personal information).
But if you do most of your shopping at Walmart, you should consider trading in your gift cards at Walmart's online exchange to take advantage of the higher payout rates.And cash, of course, can be used more widely than a Walmart e-gift card.The highest offer we could find on Gift Card Granny was.75.SEE also: Worst Things to Buy at Walmart.Walmart isn't the first to experiment with gift card exchanges.Several Web sites, including m, m and m, already let consumers sell unwanted gift cards for cash.The big-box chain unveiled an online gift card exchange that allows consumers to swap cards from more than 200 retailers, restaurants and airlines for a Walmart e-gift card that can be used in stores and online.It usually takes 1 to 2 hours to verify the balance on the other merchant's card, but in some cases it can take up to 24 hours.There's a new place to cash in on your unwanted gift cards: Walmart.SEE also: Best Gift Cards to Give and Get for the Holidays.You can now exchange gift cards from other retailers for Walmart e-gift cards.
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