Upfront Summary: Is Gameflip worth it?

Gameflip is a legit online marketplace that sells digital goods like game keys, NFTs, gift cards, and gigs to a growing audience base at steeply discounted prices. The company also earned a reputation from popular streamers, twitchers, and YouTubers for being the best to buy from. Using the escrow platform secures payment and reduces the chances of being scammed. Unfortunately, most of the time, it is entirely up to the seller to agree to accept returns and refunds, not Gameflip.

Gameflip is the one-stop marketplace for games, digital collectibles, and all things gaming. It does raise some flags as a buyer compared to popular game stores such as Steam, which boasts superior refunds and returns policy. Even so, Gameflip remains one of the most trusted platforms for buyers and sellers. This article will go through all the details you need to know before using Gameflip’s services.

Gameflip Homepage
Source: Gameflip.com

Table of Contents

  1. Gameflip company information
  2. What is Gameflip?
  3. Is Gameflip legal and safe, or is it a scam?
  4. Is Gameflip reliable and trustworthy?
  5. The pros and cons of Gameflip
  6. Is Gameflip a good and ethical company?
  7. How does Gameflip make money?
  8. Are there any hidden fees?
  9. Gameflip Payment Methods
  10. Best Gameflip Alternatives
  11. Additional FAQs

Gameflip Company Information

Official Website:https://gameflip.com/
Founded:2015
Founder:JT Nguyen, Terry Ngo
Location:San Jose, California
Contact:support@gameflip.com, https://gameflip.zendesk.com/hc/en-us/requests/new
Social Media:Discord, Facebook, Twitter, Instagram
Gameflip Company Information

What is Gameflip?

Gameflip is a decentralized marketplace where third-party vendors can sell digital goods to buyers at steeply discounted prices. Since its launch, Gameflip has generated more than 2 million listings every month, a healthy audience base of 5 million users and counting, and more than 3 million app downloads on Android and iOS.

Gameflip does not sell anything by itself, as the platform relies on third-party sellers to do all of the selling to profit. The company sells video games, gift cards, NFTs, hardware, and even gigs. In addition, Gameflip has a cryptocurrency token called FLIP that can be bought, sold, or traded.

Gameflip is a legal company, and its website is safe to use. In addition, all purchase information on Gameflip is encrypted, and the Gameflip Guarantee covers all purchases with a 100% cash-back guarantee. So you can shop your games and gaming software with confidence in Gameflip.

To protect buyers from a scam, Gameflip uses an escrow service: The seller’s funds are not released until the buyer confirms they received the item as intended and approves delivery.

All user information, payments, and data logs on Gameflip are strongly encrypted to ensure the highest level of security, so you need not worry about your personal information getting compromised. Moreover, Gameflip neither steals nor sells your data.

Buyers should be vigilant about potential scams if the sellers say their digital goods are already sold and give you their Gamertag. Also, never accept any messages that look like a listing on your post. Only get notifications that are directly from Gameflip itself.

Is Gameflip reliable and trustworthy?

According to Sitejabber, Gameflip has an overall rating of 4.48/5 stars from 454 reviews. Many buyers see Gameflip as an eBay for digital goods. The overall rating is a strong positive indicator of high buyer satisfaction with their purchase, mainly gift cards and popular digital titles, such as Rocket League; it’s generally a great place to buy.

Similarly, on Appgrooves, Gameflip has a 4.5/5 stars rating from 25,391 reviews. However, the company has a lower rating of 3.1/5 stars on TrustPilot from 1,298 reviews. But overall, Gameflip’s positive ratings outweigh the negative ones, indicating that customers are generally satisfied with their purchases.

You can rely on Gameflip to have your back if one of your purchases goes wrong. Many buyers shared their experience with Gameflip and have been shopping on their platform for several years. The majority had no issue with getting their digital goods. However, some buyers filed complaints about slow and unresponsive customer support service. In addition, a few buyers had a negative experience with Gameflip, and some sellers also complained about slow payout upon completing the transaction of digital goods.

The pros and cons of Gameflip

Gameflip Guarantee
Source: Gameflip.com

Pros:

  • Excellent buyer and seller protection.
  • Amazing discount prices and deals.
  • Wide selection of digital goods to choose from.
  • Pro 1:1 session to help you develop and hone your gaming skill.
  • It comes with a cryptocurrency token to buy, sell, and trade.
  • Secured transactions and a very reliable platform.

Cons:

  • Customer service can be slow and unresponsive sometimes.
  • Payout takes a while.

Is Gameflip a good and ethical company?

Gameflip is a for-profit company, which means earning profit is its primary objective. It has grown tremendously from selling digital goods to trading cryptocurrency, gigs, and hardware for avid gamers. While Gameflip is akin to the digital goods version of eBay, the company uses escrow to perform all transactions on a secured platform.

In addition, Gameflip goes the extra mile to ensure buyers and sellers are protected against potential fraud and defective goods. You also have the option to buy their official cryptocurrency token if you want to make easy money. Although it is essential to be aware that owning a stake in a cryptocurrency token doesn’t always turn a profit, you would be doing it at your own risk. Even so, Gameflip is a great company to buy digital goods.

However, buyers need to be on the lookout for bad actors trying to scam. Ensure you get notifications directly from Gameflip, as it is a surefire way to protect yourself against potential scams.

How does Gameflip make money?

Gameflip makes money by taking a small fee from all sellers’ successful sales. There is no listing fee, membership fee, or developer contribution fee. This model uses the escrow platform to secure the buyer’s payment and ensure the funds are valid to protect against fraud. Once the seller sends the items to buyers, they will inspect and mark them as received. Afterward, the funds are released to the seller. For Gameflip to profit, they will need to achieve a high sales volume to make money.

In addition, the platform offers a tiered subscription plan to sellers called Gameflip Club. That subscription plan charges a fee to sellers and dictates how much they can sell monthly. That is done by taking a minimal cut while sellers earn most of the money to continue doing business on the platform.

Are there any hidden fees?

Gameflip does not have any hidden fees at all. The price of the digital goods during the checkout process is what you will pay. If you have to pay a processing fee, check with your bank, as certain banks impose processing fees.

Gameflip Payment Methods

Here’s a list of payment methods that you can use:

  • Visa
  • MasterCard
  • American Express
  • WeChatPay
  • AliPay
  • Skrill
  • Payoneer

Best Gameflip Alternatives

Of course, Gameflip isn’t for everyone. If you prefer to find other platforms that are more modern, safe, and trustworthy. Here are alternatives below that you can take your shopping elsewhere:

  • Amazon
  • Steam
  • Green Man Gaming
  • BestBuy
  • GameStop
  • Kinguin
  • SDCKeys
  • G2A
  • GOG
  • Instant Gaming

Additional FAQs

Is it illegal to buy in-game items on Gameflip?

All virtual items have no legal significance or status according to the end-user license agreements (EULA). While in-game items can be bought and sold by gamers for money, game operators own them and have exclusive control over them. Therefore, buyers should use caution when purchasing in-game items like skins, chests, and boosts from third-party vendors.

Is Gameflip growing?

Gameflip is a trendy marketplace frequently used by streamers, twitchers, and YouTubers. The global population is increasingly becoming connected to the digital world, and more people are buying online. Combined with favorable buyer and seller ratings, Gameflip is well-positioned to profit from a growing audience base.

Does Gameflip charge a restocking fee for returns?

No, they do not charge a restocking fee. All of the transactions are done on the escrow platform. The sale is final once the buyer agrees to receive the item and marks the transaction as complete. There is no restocking fee for any returns because Gameflip does not accept them.

Can I cancel my transaction on Gameflip?

As a buyer, if you change your mind or make a mistake, you can cancel the order within 1-2 minutes while it is processing. However, depending on your payment method, processing your refund could take up to 7 days.

Can you buy NFTs on Gameflip?

Gamers can buy non-fungible tokens (NFTs) which operate on the Ethereum blockchain. The platform sells NFTs, virtual reality items, game items, artwork, and collectibles. Over time, the value of these NFTs goes up. Owners can decide whether to hold or sell for profit.

What is Gameflip CLUB?

It is a monthly subscription plan for sellers only. There are four tiers: Gamer Club, Pro Club, Ultra Club, and Bot Club. Gameflip Pro Club is the most popular choice among sellers as they offer a 6% commission fee, up to a $500 sales cap, exclusive promotions, and VIP support.

How does Gameflip protect sellers?

Gameflip safeguards sellers from scams by safely holding the buyer’s payment in escrow. In addition, it grants sellers zero chargeback liability when selling on Gameflip and acts as a mediator in cases of disputes between the buyer and the seller. The Gameflip Guarantee is available for free to all Gameflip users. You are covered as long as your account and listings are in check with their Terms of Service.

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