Gift cards have become a popular way to shop or give, and platforms like Gifttowallet.com aim to make managing them easier. According to the website, it offers a "complete gift card solution" that helps retailers and shopping centers sell and manage their gift cards using modern technology.
While this sounds like a convenient service, some potential users are questioning its legitimacy on ScamAdviser which compelled us to do an in-depth review. Is gifttowallet.com the real deal, or could it be another risky online platform? Join me as I uncover all there is to know about Gifttowallet.com.
Gifttowallet.com is the brainchild of Leikbreytir, a Reykjavik-based tech company with an interesting backstory. Founded in 2019, Leikbreytir started off working on artificial intelligence and software development. However, their journey took a surprising twist when they were approached by S4S, a major retailer, to create an electronic gift card system.
In an interview with Iceland’s Morgunblaðið (The Morning Paper), CEO Yngvi Tómasson recalled how this project became a turning point. What started as a single solution quickly snowballed as more retailers came knocking, eager for a similar system. From this demand, Gift to Wallet was born—a platform that streamlines the process of issuing and managing digital gift cards and credit notes.
Since then, the numbers have been impressive: over 530,000 gift cards issued, carrying a total initial credit of 8.5 billion ISK (60.5 million USD). Yngvi proudly stated that this is just the beginning, as the company continues to expand. With its active presence on social media and ambitious growth plans, Leikbreytir appears to be making waves. But as always, it’s smart to dig deeper into user reviews before fully jumping on board.
According to Whois Lookup, gifttowallet.com was registered in January 2020. While this is slightly later than Leikbreytir's founding in 2019, it aligns with the timeline shared by CEO Yngvi Tómasson.
He noted that the company initially focused on AI and software development before pivoting to create Gift to Wallet after being approached by retailers for digital gift card solutions.
The January 2020 registration date suggests that the platform was launched shortly after the company’s successful project for S4S, marking the beginning of its journey in the gift card industry.
A quick look at the social media links on gifttowallet.com takes you to the official page of its parent company, Leikbreytir. The page, created on March 19, 2020, provides updates about the company’s projects, including mentions of Gift to Wallet. This timeline fits well with the platform's registration in January 2020, adding to the credibility of their claims.
Another interesting detail is that the social media page is managed by admins based in Iceland, further confirming the company’s Icelandic roots. While an active and transparent social media presence is a positive sign, it’s still important to do your due diligence.
After reviewing gifttowallet.com, we found no clear evidence to suggest it is a scam. The platform is backed by Leikbreytir, an established company in Iceland, with a history of developing gift card solutions for major retailers. The website’s registration date in January 2020 aligns with the company’s timeline, and its active social media presence adds a layer of transparency.
While the platform appears legitimate, it’s always wise to exercise caution. Before using gifttowallet.com, make sure to check customer reviews and ensure their services meet your needs. So far, it seems to be a trustworthy solution for managing digital gift cards.
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