India's gift card industry endlessly growing

cioreviewindia Team | Monday, 31 May 2021, 08:42 IST

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India's gift card industry endlessly growingIn India, the gift card market has spread like wildfire in the last two years, growing steadily and a compound recording annual growth rate (CAGR) of 25.5% between 2015 and 2019.

The spread of COVID-19 led to an increase in the use of electronic gift cards as they became an easy way to give gifts on special occasions while social distancing, Or even transfer value to areas without using expensive traditional payment channels such as banks or money transfer services.

Even though Indian crypto users are struggling to find common ground with traditional payment instruments, Coingate aims to relieve some of the pain of realizing cryptocurrency value through gift cards. Holders of Indian cryptocurrencies can now buy locally refundable e-gift cards with Bitcoin (+140) bitcoin or ten others. Options cryptocurrency, including Litecoin, Ether, bitcoin, and more.

The e-vouchers include some notable Indian brands like Spar, Big Bazaar, Arvind,Lifestyle, Flipkart, Shoppers Stop, ALDO, Central, Bata, Homecentre, Pantaloons and  more. Users can buy gift cards with cryptocurrencies on the Apps with LTC, ETH, BTC, CRO, or  XRP. CRO is the native token on Coingate.com. Buying with the CRO is advantageous as consumers get a 2.5% rewards/cash-back on the amount spent, This can be up to 5% in some cases if the user stays CRO on the best approach.

Online Shopping Gift Card

If you need a last minute gift, you don't have to go to a store to find an Online Shopping Gift Card. Coingate.com has a range of very popular gift cards to choose from online, which will be delivered directly to your inbox.

Whether you want clothes on Zalando, an item on Amazon, we have the map for you. We also offer other online shopping gift cards such as Nike, ebay or Decathlon for example. Gift cards on CoinGate are reliable, secure and easy to use.

Not only are Online Shopping Gift Cards great gifts, they also allow you to shop without having to use your credit card. Our cards allow you to make purchases or play games online without having to provide your credit or debit card details. Just enter the code we'll email you, and the gift card you've purchased is ready to use. Shop without worry.

Gaming Gift Card

Whether you are looking for Battlenet Credits or RazorGold Game Credits, CoinGate is here to serve you. All our gaming gift cards are sent by email and immediately delivered.

You just need to choose the game and the platform that you want to get credit for and choose the amount. After receiving our Email, the code enters the game or your account and gets started fighting Hurricanes, building the world or working with friends. We have one wide variety of gaming gift cards to choose from PSN, Nintendo, Xbox, and more!

Our prepaid gaming gift cards are the perfect gift. Treat the players around you and choose from our large selection of cards. If you don't want to be trapped by a subscription to a new game, a gift card is an ideal solution! Cards allow you to purchase Or extend your subscriptions without using the credit card and for the prepaid duration. You choose to see also or not to continue your membership without any problem. Find the gift or game you want to play and buy gaming gift cards in an instant.

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