July 5, 2023 | By Admin
As of 2023, reports indicate a remarkable growth trajectory for the US gift card industry, projected at a 5.7% CAGR between 2023-2027. The industry’s expansion is striking, with expectations to rise from US$ 185,406.3 million in 2022 to an impressive US$ 247,990.1 million by 2027.
Gift cards have become a leading payment method, experiencing high demand across various sectors. Retailers and e-commerce platforms actively promote them through enticing offers and programs.
Amidst this growth, Cash for Gift Cards America stands out, offering convenient services for swapping gift cards for cash, simplifying the process for users.
Source: Yahoo Finance