Best way to turn lots of amazon gift cards into cash?

[wankawonk]

What do y'all think?

You can turn 'em into bitcoin using things like paybis/paxful/localbitcoins, but at 20%+ premium. By the time you turn that into cash you'll have paid another 5%. Yuck.

I've heard of people making amazon sellers accounts, and selling items to themselves. But amazon will shut that down the moment they notice.

I'm thinking about just buying shit on amazon and trying to resell on ebay but it's a huge hassle to do at volume.

any other ideas?

[Bladewire]

/r/giftcardexchange

Or

Sell the card on eBay

Or

Use it on CoinStar you can put the Amazon card right in their ATM machines.

[The Porn Nerd]

I've seen a few porn sites offering prepaid and gift cards exchanged for memberships.

[wankawonk]

Originally Posted by The Porn Nerd

I've seen a few porn sites offering prepaid and gift cards exchanged for memberships.

yeah, that's basically what I'm trying to do--use amazon gift cards as a way for users to pay me. credit card processing is prohibitively tough for a startup in the (non-adult) niche I'm getting into...pretty much no one gets a processor until they're established. So I'm looking into amazon gift cards for the interim.

[Google Expert]

did they fall off the truck?

[TrashyGirl]

Raise.com
Use the app.
Typically sellers are offering gift cards for a little less than face value.

[Bladewire]

What did you end up doing OP?

[money biz]

Originally Posted by wankawonk

What do y'all think?

You can turn 'em into bitcoin using things like paybis/paxful/localbitcoins, but at 20%+ premium. By the time you turn that into cash you'll have paid another 5%. Yuck.

I've heard of people making amazon sellers accounts, and selling items to themselves. But amazon will shut that down the moment they notice.

I'm thinking about just buying shit on amazon and trying to resell on ebay but it's a huge hassle to do at volume.

any other ideas?

If you actually have the cards you can flip them on ebay really easy. If you just have the number you can buy gold or silver and flip it.

[EddyTheDog]

If it's non-adult can't you use PayPal or something similar?..

Or am I missing something obvious.....

[OneHungLo]

Originally Posted by wankawonk

yeah, that's basically what I'm trying to do--use amazon gift cards as a way for users to pay me. credit card processing is prohibitively tough for a startup in the (non-adult) niche I'm getting into...pretty much no one gets a processor until they're established. So I'm looking into amazon gift cards for the interim.

lol What's the niche you're in?

[Bladewire]

Originally Posted by OneHungLo

lol What's the niche you're in?

You didn't see his BHW posts?

[wankawonk]

Originally Posted by Bladewire

You didn't see his BHW posts?

New niche, actually. I'm taking a lot of what I've banked running aggregators and starting a cannabis delivery service in cali. Thanks, porn!

Banks and credit card processors don't fuck with new cannabis businesses. you need to be established.

[Bladewire]

Originally Posted by wankawonk

New niche, actually. I'm taking a lot of what I've banked running aggregators and starting a cannabis delivery service in cali. Thanks, porn!

Banks and credit card processors don't fuck with new cannabis businesses. you need to be established.

Business code 446191 and you're good to go

Where in Cali?

[brassmonkey]

send them to me

[wankawonk]

Originally Posted by Bladewire

Business code 446191 and you're good to go

Where in Cali?

Hah, if only it were that simple >.< I'm finding out that cannabis is a significantly harder and more confusing business to get into than porn.

Bay area.

[wankawonk]

Originally Posted by TrashyGirl

Raise.com
Use the app.
Typically sellers are offering gift cards for a little less than face value.

Thanks for the Raise suggestion. I took a look and they have a partner program for bulk sellers, which is exactly the kind of thing I'm looking for. And it turns out they have a few direct competitors with similar programs. So I think you might have just solved my problem; thank you!