Does GOAT accept Visa gift cards? (What about other cards…)
Sneakers and streetwear have become very popular over the past few years. More merchants like StockX, Flight Club and GOAT are popping up everywhere.
GOAT is one of the largest streetwear marketplaces, offering merchandise to over 170 countries around the world. Since its inception in 2015, GOAT has had more than 30 million customers using their platform.
Since GOAT has so many customers from all over the world, they should have a wide range of accepted payment methods, right? How do I use gift cards, especially Visa gift cards?
Does GOAT accept Visa gift cards?
This depends on. GOAT members have been discussing this issue on the forums for some time. While some say GOAT accepts Visa gift cards, others have had a different experience.
GOAT doesn’t state that gift cards are a valid payment method, which is why it’s hard to give a definitive answer. Most experiences fall into two scenarios.
First, as long as you have enough money on your Visa gift card to cover items, shipping, and tax, you should be able to use it.
The second is that users cannot complete their transactions even if they have the appropriate amount on their card.
So, if there is no guarantee that a Visa Gift Card will work at GOAT, what are some guaranteed payment options?
What payment methods does GOAT accept?
GOAT accepts payments using these financial institutions’ cards or accounts.
- American Express
- Apple Pay
- Google Pay
GOAT also accepts debit and credit cards. This is useful for those who are not eligible to apply for and get a credit card.
Afterpay has been gaining popularity among GOAT users recently as it allows them to enjoy full purchases without having to pay in full up front.
You might be wondering, since Visa is a GOAT-accredited financial institution, shouldn’t their gift cards work as well?
The problem is that debit, credit, and prepaid cards are slightly different than gift cards. Let’s take a closer look at their differences.
What is a Visa Gift Card?
Visa Gift Card It is a card that deposits a fixed amount of money. Once the money in the card is used up, no more money can be deposited into the card.
These gift cards come with their own card number, expiration date and security code. The problem with gift cards is that they are not in the same category as debit, credit, and prepaid cards.
Not all retailers accept gift cards as a payment method. Typically, gift cards from certain merchants are only allowed at that particular location.
That’s why there’s a lot of uncertainty about whether GOAT will allow Visa gift cards as an official payment method.
Prepaid cards, on the other hand, are slightly different. This difference makes them more commonly accepted as a form of payment in stores.
So, what’s the difference between a gift card and a prepaid card?
What is a Visa Prepaid Card?
Visa Prepaid Card Like a Visa gift card with a specific amount deposited into it. However, unlike Visa gift cards, Visa prepaid cards allow you to add money to them repeatedly.
Visa prepaid cards have the same features as debit cards, except that prepaid cards do not have a savings account attached. Money must be deposited directly into the card, not into an account.
Visa prepaid cards have a higher chance of being accepted than gift cards because Visa prepaid cards can be used multiple times. Retailers must acknowledge the fact that users are more likely to use Visa prepaid cards as a result.
There is still no guarantee that you can use your Visa Prepaid Card at GOAT, as Prepaid Cards and Gift Cards are not an official payment method.
For security reasons, it is best not to use Visa Gift Cards or Visa Prepaid Cards at GOAT as your transaction may be declined.
Instead, use one of the GOAT-approved designated payment methods. Accepts debit cards, credit cards and electronic wallets such as Apple Pay, Google Pay or Paypal.
If you have a Visa gift card, it’s a good idea to deposit the card money into your PayPal account and use it to buy your items. This will give you a guaranteed way to pay for your items without any transaction drops.
Let us know if you’d like to see in the comments below that GOAT accepts Visa Gift Cards and Visa Prepaid Cards!