Smartphones are commonplace these days and they can be used for virtually anything. Gift-giving is a perfect example, which brings us to the topic of mobile gift cards. Bob Jain, along with other authorities on finance, can tell you that this is a common gift idea, especially among those that don't know the person they're giving it to that well. To determine if this mobile option is the best for the one you're planning to give it to, consider the following pros and cons.
PRO - Less space will be needed. One of the biggest benefits of mobile gift cards, according to the likes of Robert Jain, is that they don't take up physical space. For instance, if you carry your wallet everywhere, you may have numerous credit cards as well. The idea of adding another card or two is unlikely to you. However, these digital cards can be accessed from smartphones and mobile devices, which results in more physical real estate to use as you'd like.
CON - Each mobile gift card is different. With so many companies that offer mobile gift cards, it's safe to assume that the rules regarding said cards will vary as well. For example, while one business doesn't allow the funds to expire, another may place a restriction on the recipient in this sense. It's not a good idea to assume that the funds will remain forever. Before you purchase a mobile gift card, be mindful of the rules associated with it.
PRO - They are easily accessible. In the mobile age we live in, people have their smartphones on them at all times. It's a lifeline that we couldn't imagine ourselves without. On that note, the content stored in these phones is accessible, which goes for mobile gift cards as well. If you bring out your card for a purchase, you can do so with ease. You never have to worry about forgetting it at home, since it will be with you at all times.
CON - For better or worse, opinions on mobile gift cards vary. What this means is that you can't assume that everyone will take to this gift idea in a positive way. As a matter of fact, many people view them as impersonal, almost like it was a final-minute decision. Of course, others may see it as perfect, especially if they're a fan of the retailer associated with it. Opinions vary, which is why you should be careful about purchasing gifts like this.
PRO - Less space will be needed. One of the biggest benefits of mobile gift cards, according to the likes of Robert Jain, is that they don't take up physical space. For instance, if you carry your wallet everywhere, you may have numerous credit cards as well. The idea of adding another card or two is unlikely to you. However, these digital cards can be accessed from smartphones and mobile devices, which results in more physical real estate to use as you'd like.
CON - Each mobile gift card is different. With so many companies that offer mobile gift cards, it's safe to assume that the rules regarding said cards will vary as well. For example, while one business doesn't allow the funds to expire, another may place a restriction on the recipient in this sense. It's not a good idea to assume that the funds will remain forever. Before you purchase a mobile gift card, be mindful of the rules associated with it.
PRO - They are easily accessible. In the mobile age we live in, people have their smartphones on them at all times. It's a lifeline that we couldn't imagine ourselves without. On that note, the content stored in these phones is accessible, which goes for mobile gift cards as well. If you bring out your card for a purchase, you can do so with ease. You never have to worry about forgetting it at home, since it will be with you at all times.
CON - For better or worse, opinions on mobile gift cards vary. What this means is that you can't assume that everyone will take to this gift idea in a positive way. As a matter of fact, many people view them as impersonal, almost like it was a final-minute decision. Of course, others may see it as perfect, especially if they're a fan of the retailer associated with it. Opinions vary, which is why you should be careful about purchasing gifts like this.
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