By Matt Gromada, Head of Global Product Launch and Execution, PayPal
With the holidays coming to a close, many of us find ourselves left with a stomachache and a stocking full of gifts cards. These are gift cards from many of our favorite stores – which we’re eager to use – but we may hate the hassle that comes with keeping track of all of them.
In fact, it’s estimated by CEB TowerGroup that $1 billion in gift cards will be lost in 2014 alone (because of fees or simply misplacing). Imagine the new smartphone you could have bought or the purse you’d been meaning to get. That’s a lot of wasted gifting.
To help remove that hassle and keep track of all those cards, PayPal’s made it easy to add and save 30 different gift cards directly to your PayPal app.
So what better time to empty your stocking and fill up your mobile wallet? Just download the PayPal app and save the gift card directly to your digital wallet. Once added, you can track your gift card balance from the PayPal app. When you’re in-store, just show your gift card stored in your PayPal app to the sales person in order to redeem it.
It’s that easy.
The full list of supported retailers can be found right within the PayPal app. Download the PayPal app and start storing and spending those gift cards today!