How do I convert my Jumia voucher to cash?

Jumia, Africa’s leading e-commerce platform, offers a variety of payment methods, including vouchers. Vouchers are digital coupons that can be used to purchase items on the Jumia website or app. However, if you have a Jumia voucher and would prefer to have the value in cash, there are a few options available to you.

In this comprehensive guide, we will explore the various methods for converting your Jumia voucher to cash in Nigeria. We will provide detailed instructions for each method, as well as discuss the pros and cons of each option.

Method 1: Use JumiaPay

JumiaPay is Jumia’s own e-wallet that allows you to store and manage your Jumia vouchers. To convert your Jumia voucher to cash using JumiaPay, follow these steps:

  1. Open the JumiaPay app or visit the JumiaPay website.
  2. Log in to your JumiaPay account.
  3. Click on the “Vouchers” tab.
  4. Select the voucher you want to convert.
  5. Click on the “Cash Out” button.
  6. Enter the amount you want to cash out.
  7. Enter your bank account details.
  8. Click on the “Confirm” button.

Your cash will be transferred to your bank account within 24 hours.

Method 2: Sell Your Voucher to a Third-Party Buyer

There are several third-party websites and apps that allow you to sell your Jumia vouchers for cash. These platforms typically charge a small fee for their services. To sell your Jumia voucher to a third-party buyer, follow these steps:

  1. Find a reputable third-party buyer.
  2. Create an account with the buyer.
  3. Select the voucher you want to sell.
  4. Enter the voucher code and amount.
  5. Click on the “Sell” button.

The buyer will review your request and make an offer. If you accept the offer, you will receive the cash within a few days.

Method 3: Use a Gift Card Exchange Platform

Gift card exchange platforms allow you to trade gift cards of various brands, including Jumia vouchers, for cash or other gift cards. To use a gift card exchange platform, follow these steps:

  1. Find a reputable gift card exchange platform.
  2. Create an account with the platform.
  3. Select Jumia vouchers as the brand you want to trade.
  4. Enter the voucher code and amount.
  5. Click on the “Get Offer” button.

The platform will review your request and make an offer. If you accept the offer, you will receive the cash or other gift cards within a few days.

Comparison of Methods

FAQs

1. What is the minimum amount I can cash out using JumiaPay?

The minimum amount you can cash out using JumiaPay is ₦1,000.

2. What are the fees for selling my Jumia voucher to a third-party buyer?

Fees vary between platforms, but they are typically around 10-20% of the voucher value.

3. What are the rates for trading my Jumia voucher on a gift card exchange platform?

Rates vary between platforms, but they are typically around 70-90% of the voucher value.

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