The practice involves using an online marketplace, specifically Gameflip, to exchange digital credits issued by a prominent e-commerce platform for monetary value. Individuals holding these credits, often received as promotional incentives or purchased as gifts, may seek to liquidate them through this method. This transaction contrasts with direct purchases on the e-commerce platform, offering an alternative means of converting credit into cash.
Facilitating such transactions can provide liquidity to those with unwanted gift credits. It offers a potential avenue for accessing funds that would otherwise be restricted to purchases within a single vendor’s ecosystem. Historically, converting gift credits to cash involved more complex methods; online marketplaces have streamlined this process, providing a readily accessible platform for both buyers and sellers. The existence of this practice underscores the inherent value placed on readily accessible and spendable currency.