Amazon eGift card

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Amazon eGift Cards are a payment method on Bisq.

Payment method summary


Here is a brief summary of the features of Amazon eGift Cards as payment methods on Bisq:

Chargeback risk Low
Privacy protection Very high
Duration 24 hours. Payment is immediate (as fast as an email)
Regions Countries as below
Amazon Fees No fees
Verifiable High
Fraud risk Low
Number of Worldwide Amazon users 300 million

What countries are Amazon eGift Cards available in?


Amazon eGift Cards are available in the following countries and regions:


Country Currency Website
Australia AUS https://www.amazon.com.au
Canada CAD https://www.amazon.ca
Europe EUR Multiple websites (.fr, .de, etc)
United Kingdom GBP https://www.amazon.co.uk
India INR https://www.amazon.in
Japan JPY https://www.amazon.co.jp
Saudi Arabia SAR https://www.amazon.sa
Sweden SEK https://www.amazon.se
Singapore SGD https://www.amazon.sg
Turkey TRY https://www.amazon.com.tr
United States USD https://www.amazon.com


Are Amazon eGift Cards a multi-currency payment method?


No, Amazon eGift Cards are not a multi-currency payment option.
A user must create an Amazon eGift Card payment account for each currency they wish to place an offer on.
Amazon eGift Cards are only able to be redeemed on the website they were purchased from. For example to redeem a gift card on Amazon.jp, it must have been purchased on Amazon.jp.
See other details on Amazon's product page.

How do I add Amazon eGift Cards as a payment method in Bisq?


To add Amazon eGift Cards as a payment method in Bisq in the client go to > Account > National Currency Accounts > Add New Account > Then select 'Amazon eGift Card '

Amazon eGift Card - Adding to Bisq.png

You then have the option of selecting if you would like your account linked to your email or phone number.

The choice of email or phone only affects how the Seller of Bitcoin will receive the eGift Card. If you select email an email will be sent. If you select a phone number a text message will be sent.

The phone number or email does not need to be linked to your Amazon account. Once Seller of Bitcoin has received the eGift Card they can add it to any Amazon account.

Completing a purchase of Bitcoin on Amazon using eGift Cards


The following Steps are show from the Buyer of Bitcoin perspective. They need to send the Seller an eGift Card.

Step 1 - Log in to Amazon


First step is to log into the respective account of the currency you have agreed to purchase the Bitcoin in. Your Amazon account is able to log into all the above countries.

step 1: log in to amazon

Step 2 - Customize eGift card


To mitigate the risks of an Amazon purchase being seen as suspicious it is advised to customize the eGift Card.

step 2: customize egift card

Step 3 - Select your eGift Card


Select an eGift Card design you think your counter party will appreciate the most. There are lots of options to choose from. An eGift Card for all occasions.

step 3: select your design

Step 4 - Enter all details


Enter the following details:

  • Amount: Choose the amount of fiat to send that matches your trade amount.
  • Delivery: Email or text message (base this on your counter payment details)
  • To: who you want the eGift showing as from. I would advise entering the phone number or email that you have also set your Bisq Amazon account up with.
  • Message: Enter a message. This is where you enter your Trade ID. Please add more information than Trade ID only. In the image I have tried to disguise the Trade ID as beign a key code, but you could choose anything. Be creative. Try and choose something that will make your counterparty smile!
step 4: enter all details

Step 5 - Make Payment


Now you can make payment. Debit and credit cards are welcome. Please note you are unable to pay for eGift Cards with other eGift Cards or any other Amazon credit balance.
Your payment details will NOT be shared with the Seller. The only information they see if the information you choose to enter in Step 4.
After payment you will be sent an Email receipt from Amazon for your purchase. Keep this in case of any issues.
Should the Seller not receive there email or text message you have the option to request Amazon to resend the Email or text. This is done from your recent orders section in Amazon.

Step 6 - Seller receives email or Text


Once the Buyer has completed the above steps they will receive an Email or text message, depending on the option they selected when setting up their account in Bisq.
Seller can then check the amount, trade ID etc.
When happy they can confirm payment in the Bisq client. Amazon also provider the Seller with an option to send the Buyer an eGift acknowledgement. This will be sent to their email by Amazon.

Summary


Amazon eGift Cards are one of the most private ways of buying or selling Bitcoin on Bisq. It is quick and convenient.
The negatives, are funds have to be spent within Amazon. You cannot get the funds off Amazon without purchasing anything.
For that reason it is likely Amazon eGift Cards will attract a larger premium than most other payment methods.





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