Consumer Payment Card News

Gift Card Exchange

A new Web site has been launched to give consumers an place to sell unused gift cards directly for cash, trade them for cards from somewhere else, or donate them to charity. Plastic Jungle charges a flat fee of $3.99 for each gift card listed, regardless of value. Sellers can sell their cards instantly to Plastic Jungle for cash, usually 65-75% of the card’s value. For $1 more, users can list their cards as “Featured.” One of Plastic Jungle’s unique features is its instant card trader. Users indicate which gift card they want to exchange theirs for, and the site searches its database to look for an instant match. If one is found, the trade is completed. If no match is found right away, the site keeps the request and does a twice-daily database sweep for 90 days. For more information visit: “”:

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