Exploring The Top 5 Most Popular Gift Cards in Colombia

Can you take a wild guess on what the top gift cards are in Colombia?

Gift cards are familiar to everyone who is tech-savvy and into digital assets. Even e-Commerce aficionados worldwide will tell you all about gift cards. One of the countries that has a huge gift card market is Colombia. If you want to send a gift to someone in Colombia, a gift card is one of the best options because it is convenient and versatile.

That is why in this article, we’ll review the top 5 gift cards in Colombia.

Overview of the Gift Card Market in Colombia

Gift cards are very popular in Colombia, especially during festive holidays, festivals, anniversaries, and birthdays. The most common type of gift card is e-codes due to its convenience and ease.

According to a report published by Expert Market Research, the Colombian gift card market is capped at a CAGR (Compound Annual Growth Rate) of about $961.40 million in 2022. While it is not near the US market cap of $162.11 billion in April 2022, it’s evident that the Columbia market is huge and thriving.

The report also states that most users in Colombia are individuals and corporations.

With this information, let’s consider the best gift card options for anyone in Columbia.

Top 5 Best Colombian Gift Card Options

  • Amazon
  • Apple
  • Netflix
  • Falabella
  • Spotify

1. Amazon Gift Card

Amazon is a gigantic e-commerce platform where anyone can get almost anything. Its gift cards are one of the leading gift cards on the global market and in Colombia.  Anyone in Colombia would be glad to receive an Amazon gift card as they can easily get various products there.

Amazon gift cards can be redeemed online, and the products can be shipped to the recipient in Colombia.

2. Apple Gift Card

Although statistics show that most Colombians are Android users, the 9.6% that use iOS devices are heavy users of the Apple Store and Apple credit. So, sending an Apple or iTunes gift card to a loved one who uses an iPhone would mean a lot to them.

This card lets them access great music and download movies, games, and books.

Apple gift cards are sold by retailers both online and in physical stores. Colombians can receive this gift card as a physical card or in a digital format.

3. Netflix Gift Card

Most people enjoy movies, and Colombians fall into this category. As a streaming platform, Netflix provides access to movies from all over the world. Colombians enjoy movie time, especially the types that showcase their culture. Hence Netflix gift cards are quite popular in the Colombian gift card market.

4. Falabella Gift Card

While this gift card is not popular globally, anyone living in Colombia would be grateful to receive a Falabella gift card. Fallabella is a vast and popular department store in Colombia. There are numerous products one can find there, from furniture and electronics to clothes and accessories. Think of it as the Colombian version of Amazon.

This gift card can be bought online or from retailers in physical stores. It can also be redeemed on the store’s website or in-store in Colombia.

5. Spotify Gift Card

Music is universally loved, and Colombians aren’t left out. They enjoy their Latino music as well as music from other talented artists. Spotify offers the most prominent music streaming service worldwide and is the most popular in Colombia. So, you’ll find that most people have Spotify Premium subscriptions that enable them to create and share their playlists.

Spotify gift cards, therefore, will provide a means of payment for the receiver’s Spotify account. The card can be physical or digital. Both formats are redeemed online.

Factors to Consider When Choosing a Colombian Gift Card

If you’re planning to get a gift card for anyone in Colombia, there are certain things you have to consider to enable you to choose the right gift card. Consider these before you pick

1. Flexibility

Before you send anyone a gift card, you need to check that they can use it. If the gift card is not popular or cannot give access to commonly used goods and services, it may not be a great idea.

2. Acceptance

It’s not enough to get a gift card that is flexible or versatile. It must be widely accepted too. If the recipient has no use for it, they can sell it or give it to another person. So, check that the gift card is widely accepted where your recipient lives.

3. Expiration date and fees

If possible, get a gift card that has no expiration date. This way, the recipient is not pressured to use it immediately, especially if they don’t need it when they receive it. Most gift cards do not expire, but confirming if the one you intend to buy has an expiration date is essential. You should also check if there are any accompanying fees.

4. Reliability of the gift card provider

You have to make sure that the gift card provider is trusted. You must know you can contact them if the gift card presents issues.

With these tips in mind, you’ll choose the perfect gift card for your recipient in Colombia.

How to Buy Colombian Gift Cards

Follow these steps to buy gift cards in Colombia:

  • Visit the website of any online retailer that caters to the Colombian population.
  • Create an account.
  • Select the gift card you want to buy and the denomination. Also, indicate if you want it delivered as a physical card or in digital format.
  • If there are options for personalisation, do that if you please.
  • Where necessary, enter the recipient’s details, including name, email address, and home address.
  • Proceed to checkout and complete payment following the prompts.

How to Redeem a Gift Card in Colombia

To redeem a gift card online,

  • Visit the website, for example, Amazon. Log in or create an account.
  • In the account section, select the payment options and choose Redeem Gift Card.
  • Enter the number on the back of your gift card and the PIN. The gift card credit will be applied to your account, and you can begin shopping or using the service.
  • You can also shop first, then add your gift card details at checkout.

 

Conclusion

Using gift cards as a means of gift-giving has simplified how we show love and appreciation to our loved ones or colleagues. For those in Colombia, the top gift cards are Amazon, Apple, Netflix, Spotify, and Falabella gift cards. They’re flexible, popular, versatile, and widely accepted. So, any of these would make your recipient super happy.

Remember to note your recipient’s needs when sending them a gift card. There’s no point sending them a card that will lie dormant in their wallets because it doesn’t serve their needs.

Gift cards are among the best ways to congratulate or celebrate someone special in Colombia. Whether it’s for their personal celebration or a nationwide holiday, gift cards make everything simple, easy, and practical.

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