Yeah, it was my point, compared to Purse.io the risk is the same. The money back guarantee will work if the code is wrong or already used, but for anything else, I am sure they won't do anything because they can't.
If you don't load these cards onto accounts linked to your identity/physical address you won't receive the items (unless you're buying a digital item). Don't even think to use a Re-shipping service as it won't help at all.
i'm thinking gift cards to brick-and-mortar stores or gas stations. there's no KYC, you drain the gift cards at the store and throw 'em in the garbage can when you're done.
i'm pretty sure the guarantee covers anything for 45 days. they verify the identity of sellers (they pay them by bank transfer) so their fraud rate might be low enough that they can do that.
Even if you do low volume transactions, you don't know how the card has been used before. If the real owner complains you can be sued even for a 10$ shirt.
i don't think so, because you bought it from a 3rd party seller. if anyone would get sued, it would be cardcash.
I had thought of creating a site like this but wanted to remove this risk. The buyer loads bitcoins and receives a gift card bought by the site previously. No risk for the buyer, and more stores to choose from. But I didn't find a way to offer such a discount rate so I don't think people would be interested.
yup, the discounts are either nonexistent (gyft) or very small (e-gifter).
