1. A method of redeeming a closed loop card funded with an amount of money, the method causing the computing device to perform steps comprising: receiving from a merchant point of sale an indication of use of a closed loop card not issued by the merchant and presented by a consumer; querying and receiving a confirmation of an amount of money in an account associated with the closed loop card; presenting the consumer with an offer to buy the closed loop card at a discount price; and upon accepting the offer, closing out the closed loop card and paying the discount price to the consumer.