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How Digital Gift Cards Work

A simple guide to buying, claiming, and redeeming digital gift cards with Octopus Cards.

Digital gift cards have transformed how we share value. No more plastic cards, no shipping delays — just a code and a PIN delivered instantly.

The Basics

A digital gift card is a prepaid voucher with a unique code. When you redeem it, the value is applied directly to your account on the target platform — whether that's a gaming service, a mobile carrier, or an AI tool.

Why Closed-Loop?

Octopus Cards are closed-loop, meaning each card is tied to a specific product or service. This is different from open-loop cards (like Visa gift cards) that can be used anywhere.

Closed-loop cards offer several advantages:

  • Better rates — no interchange fees means more value for you
  • Instant delivery — codes are generated and delivered in seconds
  • Fraud protection — single-use codes can't be reused or cloned
  • Simple redemption — enter your PIN, pick your account, done

Who Uses Them?

  • Gamers topping up Steam Wallet, V-Bucks, or Riot Points
  • Families sending mobile airtime to relatives in other countries
  • Businesses running loyalty programs, promotions, or employee rewards
  • Developers accessing AI platform credits for ChatGPT, Claude, or Midjourney

Getting Started

Head to our claim page to redeem a card, or contact us to learn about bulk purchasing and partnerships.