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Author: Denny

Gadgets to Gift Cards trade in program launched by Walmart

The world’s largest retail company is accepting many types of electronics in advance of the next iPhone.

In anticipation of the next iPhone, which most rumors are suggesting will be in September 2013, Walmart has launched an electronics exchange program called Gadgets to Gift Cards, in which old devices can be traded in for money to be spent in the store.

The retailer isn’t excepting exclusively smartphones, but a number of different kinds of devices, as well.

Its American locations are allowing for smartphones, MP3 players, video games cameras, computers, and many other different kinds of electronics, as a part of its Gadgets for Gift Cards program. There is no set gift card size that is being issued for all devices. Instead, the customer has to use the official website of the retailer in order to identify the electronic device and its condition in order to receive a quote.

If the gift card offer is accepted, the gadget can then be mailed – with free shipping – in trade for the amount.

Walmart - gadgets programThough it is unlikely that the gift card amount will equal the top price that could be obtained elsewhere for the gadgets, according to Walmart, receiving something that easily for a device that is no longer wanted is far better than leaving it to collect dust at home. This way, something can essentially be obtained for nothing.

The process is as follows: the customer heads to the Walmart.com website and clicks the button to use the Gadgets for Gift Cards program. He or she can enter the type of electronic device and the state of its condition so that a quote can be issued in a matter of seconds. If the quote is accepted by the customer, he or she will be issued a unique code.

From that time a credit check will be performed on the customer. Once approved, that individual has ten days in which to mail the device to Walmart using a free shipping label. It is important for customers taking part in the program to be prompt when they ship the gadgets back to the company, because missing the deadline will decrease the value of the gift card amount.

When the gadgets are received and their condition is verified by Walmart, the code can then be used either online or at any of the physical Walmart store locations across the United States so that its amount can be applied against a purchase.

CloudZync launches new mobile commerce wallet in the UK

Mobile commerce service launched by CloudZync

CloudZync, a mobile commerce startup based in the United Kingdom, has announced the launch of a new mobile wallet application. CloudZync’s wallet is the latest to come to the UK mobile wallet scene and will face significant competition from the myriad wallets that exist therein. The company currently has some 280 merchants signed up to support its mobile wallet. These merchants have expressed strong interest in mobile commerce and its growing popularity among consumers.

CloudZync wallet supported by 280 merchants

The mobile wallet is currently available for iOS and Windows devices. CloudZync has plans to release the wallet to the Android platform at a later date. The wallet can be linked to an existing bank account and can store funds digitally. Users will be able to make payments through the mobile wallet and these payments will be supported by the 280 merchants that have signed up to support CloudZync’s mobile commerce services. The wallet does have an interesting security feature that makes use of QR codes.

QR codes used to provide added layer of security

 

QR codes are not typically considered to be a mobile security tool, but the codes do have some ability to verify the identity of consumers and prevent malicious mobile commerce activities. When a consumer makes use of the CloudZync wallet to make a payment, a unique QR code is generated. This code can then be scanned by merchants in order to verify a customer’s identity. The wallet will also store various rewards from loyalty programs, allowing consumers efficient access to these rewards.

Mobile commerce continues to grow in the UK

Mobile commerce has established a foothold in the United Kingdom, but no mobile wallet platform has yet established a lead over any other. The market is currently inundated with these platforms, each seeking to offer some comprehensive mobile commerce service to consumers. The expansive availability of these mobile wallets has given consumers the opportunity to move from platform to platform without being restricted to a single wallet.