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Why Should I Use a Digital Wallet for Virtual Gift Cards?

Not long ago a Finder study revealed that over 110 million Americans use a mobile or digital wallet. With the world moving increasingly into the virtual and digital spheres, this news should not surprise you.

There was a time (not so long ago) when we were mostly dependent on credit cards, debit cards and cash. Today, we are able to store and use many different assets on digital or virtual cards from reward cards and plane tickets, to gift cards.

Why are digital wallets the ideal place to send and store virtual gift cards?  

Digital wallets are easier than you think

As time goes by, digital wallets become increasingly user-friendly and easy to use. It’s the perfect place that enables you to send off a virtual gift within minutes. Let’s say you want to send off a Giftoin coin set as a birthday gift. It’s easy to release funds from your wallet to pay for your purchase on the Giftoin website.

Giftoin automatically creates a blockchain-protected virtual wallet for the gift recipient, who can keep, redeem or sell the digital assets in the gift. Through the secure wallet, the recipient can monitor the coins’ status at any given time.

Better gifting experiences

Ever since the COVID-19 pandemic, many shoppers have become accustomed to shopping online and browsing for the perfect gift. Payment is smooth using digital wallets. In the last few years, virtual gifting has become a real thing. Why buy your recipients a physical gift they may not like and cause them the headache of physical returns? A virtual Giftoin gift can be retained but is also easily returnable and refundable online. 

You can’t lose digital wallets

Physical gift cards can easily be misplaced, lost or stolen. But digital wallets are usually stored on your mobile phone. A recent study revealed that some 85% of Americans own a mobile phone and carry it with them most of the time. You are already accustomed to keeping private data on your phone, so there is no reason not to store your gift cards there as well.

Immediate gifting

You forgot your Mom’s birthday? You’re on the way to a wedding but didn’t have time to buy a gift? Gone are the days when you had to waste time searching for the right kind of store for your gift recipient at the last minute. You can send a Giftoin virtual gift from anywhere, anytime. And you’ll be pleased to know you aren’t settling for second best. Giftoins are designed to please even the most discerning recipient.

Taking gifting to the next level

Gift cards of all sorts are becoming increasingly popular, especially the virtual kind. Next time you are searching for a unique gift that is guaranteed to keep the recipient engaged long after the gift’s arrival, take a look at our assortment of gifts.

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