Mobogage Electronic Voucher System enables merchants to easily generate digital coupons or electronic vouchers and merchants can set up promotional campaigns to more customers and increase sales.
In this blog, you will explore ‘What is an Electronic Voucher? How does it work?’.
What is an Electronic Voucher?
Electronic Voucher is usually delivered to the customer by email or SMS. It can be printed and redeemed in-store using a PIN code. The electronic voucher has a 12-digit code consisting of numbers and upper case letters which is entered on the website to get a discount for an online grocery order or another online shopping, recharge service.
How does Electronic Voucher work?
Electronic Voucher is an Electronic Voucher distribution system that employs electronic distribution channels to generate virtual vouchers for merchants and agents via an EFT/POS terminal, web portal, and mobile app. It can be provided on demand or downloaded and stored in the terminal for later sale.
Where can it be used?
It can be used on any online platform by applying the voucher code on the website. Here is the list of online platforms where you can use it.
Supermarkets
Restaurants
Takeaways
Book Tokens
Clothing Shopping
Electricals
Beauty
Tickets & Travel
Outdoor and Experiences
Apps & Gaming platform
Home & Garden
Cafe
Gifts
Energy Vouchers
How to get an Electronic Voucher?
To avail of the Electronic Voucher, you have to enter your email address or mobile number to get your voucher. A link is sent to your email through which you can redeem the voucher amount.
How long does an Electronic Voucher last?
The purchased Electronic Voucher has no expiry date. Some Electronic Voucher is valid for at least 5 years from the issue date.
Mobogaze Electronic Voucher Distribution is an application software that operates the online process of credit top-up of airtime simplifying the process of Prepaid Recharge with control of information and real-time reports.
What is Electronic Voucher Distribution Software?
In the digital world, we do most things virtually like making virtual friends, shopping from a virtual platform, traveling places virtually, and so on. And the future is about to be more virtualization and it is not wondering things that we have started transacting money digitally. The EVD Software allows you to pay your bills, recharge your mobile phones, purchase in retail stores, book tickets, and buy lotteries with e-money. Electronic Voucher Distribution Software demands some information after selecting the service you want and then you will get vouchers.
How does Electronic Voucher Distribution Software work?
Two major components of Electronic Voucher Distribution Software are a centralized web server and a portable Point-of-Sale terminal. The companies operate the Web server and the companies’ dealers have a POS terminal unit in their retail stores. The users can avail of any type of digital service by entering their account information in the POS and the amount to be recharged. All the information is sent to the server and the server sends a recharge code to the terminal.
The user’s account will be reflected with the debited amount and at the end of the transaction, POS will generate a voucher for the customer. The receiving voucher can be downloaded or stored in the terminal as a record. Once the information is verified, the next transaction can be made without PIN information being sent back to the terminal. As the voucher transaction happens, ther retailer receives the acknowledgment of the balance. EVD Software keeps track of sales data like daily sales, denominal-wise sales, and event blogs.
Electronic Voucher Distribution System Applications
The EVD System also comes into the hands of the customers as well as the dealers and that handy system is called the EVD System Applications that is being used for recharging hour prepaid connection or paying the post-paid bills for mobile phones. The EVD System Applications offer simpler solutions for booking tickets and bank transactions.
The EVD System ensures easier card recharge options for customers who can obtain a voucher beforehand using the EVD System with calling codes for international calling. The Point-of-Sale system is made to read the consumers’ credit/debit cards in retail stores.
Why Electronic Voucher Distribution
There are so many advantages of EVD Software that’s why it is necessary to use Electronic Voucher Distribution Software. The first advantage of it is that it is safe. The customers need not worry about carrying money in their pickets anymore. If they keep little precaution, this EVD Software allows them to make the transaction in an ideal way to shop.
If we look at his system from the point of view of dealers, the EVD System is much less work. Due to the EVD system, you don’t need to have printing of physical vouchers or maintaining a whole new database. This EVD system saves a lot of time and money and it is the smart way to handle business transactions.
If we look at the EVD system from the point of view of manufacturers, it offers much transparency with the dealers. The manufacturer can know the complete information of past sales and transactions with the dealers.
Voucher Management System is a type of platform or solution that is used by Mobile Network Operators to manage the end-to-end life cycle of voucher recharge codes. You know Voucher Management System as VMS or different types of terms including Electronic Voucher Management System, Electronic Voucher Distribution System, Digital Voucher Management System, and e-voucher management system.
Mobogaze is one of the leading platforms that offers a Voucher Management System to create and define denominations, generate recharge voucher codes, manage print vendors, distribute the voucher codes, track the vouchers, and redeem the voucher codes.
Best Voucher Management System | Voucher Distribution System
If you are searching for the best voucher management system then first you will have to understand the main touchpoint of calling a platform the best voucher management system. A best voucher management system allows for the support of payment gateways, the best services to be paid for, a nominal amount payable, and the best account to which it is payable.
Best Voucher Management System at Best Price | Digital Voucher Management System
It depends on the service you are taking from the Voucher management system. Hence, we can define no fixed amount as the best price for any voucher management system. Still, Mobogaze is the best voucher management system at the best price in all the world especially in India and Saudi Arabia that provides the best services or price to any individual for voucher services.
What is the Best Voucher Management System in Saudi Arabia?
The voucher Management System is used to create and control the whole life cycle of recharge codes for vouchers to automate the process of managing the voucher life cycle. The digital voucher management system integrates and communicates with several network nodes and users receive the recharge code via SMS or in-app communications.
If we talk about the best voucher management system in Saudi Arabia then there are so many voucher distribution platforms that provide voucher services but Mobogaze Private Limited is ruling there as the best voucher management system in Saudi Arabia.
Mobogaze provides the different payment platforms that are given below:
EVD Software
Voucher Management
eTopup Software
Mobile Money
Telecom VAS
FAQs About Best Voucher Management System
What is a Voucher Management System?
Voucher Management System is a type of platform or solution that is used by Mobile Network Operators to manage the end-to-end life cycle of voucher recharge codes.
What is a VMS Voucher?
The voucher Management System is used to create and control the whole life cycle of recharge codes for vouchers to automate the process of managing the voucher life cycle.
What is an e-voucher system?
An e-voucher system is a digital voucher system that enables merchants to easily generate design and issue digital coupons or e-vouchers.
The United Kingdom is a big market for telecom companies. The voucher management system in the telecom of the United Kingdom is still having great scope for business entrepreneurs. Telecom companies like O2, Vodafone are still using electronic voucher distribution for Airtime voice, Airtime Data and bundle recharges.
Major Telecom Companies in United Kingdom
O2
EE
Vodafone
Three
EE has the largest number of umbrella, including ASDA Mobile, BT Mobile, Plusnet, Virgin Mobile and HMD Mobile.
O2’s umbrella include Giffgaff, Tesco Mobile and Sky Mobile.
Three’s include iD Mobile and SMARTY, while Vodafone’s include Talk Mobile and VOXI.
How Electronic Voucher Management System deliver value to telecom subscribers in United Kingdom?
Voucher distiribution system by MoboGage is considered among top 5 voucher management system in the world. The innovative approach of MoboGage makes this platform unique and highly robust over high value of transactions.
MoboGage EVD System is used for following services
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Airtime Distribution software is working as an extension of the Voucher Management system. Since voucher management software offers you great control over your digital voucher inventory management, Companies have their focus to replace the POS terminals too.
For airtime distribution extension we need to have API connectivity from telecom companies. Currently, we are providing direct connectivity for electronic vouchers for all major telecom companies in Saudi Arabia including STC, ZAIN, Virgin, Mobily, Friendi telecom.
Telecom companies in Saudi Arabia are targeted for highly efficient, secure and fast voucher distribution options considering the reduced operational cost for the telcos. MoboGage Electronic Voucher Distribution software is the best choice for telecom companies in Saudi Arabia where we offer 360-degree voucher management from generation, redeem, resell, and bulk sales with easy to use of web interface and other Omni channel connectivity including Android and IOS app, POS terminal application and USSD gateway.
Physical voucher management has never been easy for telecom companies. A major shortcoming is live inventory tracking in the market, Physical voucher is also a big trouble in terms of logistics management, Handling, distribution, and recollection. Issues do not end here, Sometime when the government changes taxes, it’s hard to replace the vouchers in the market.
To overcome all these issues Telecom companies are highly interested in resolving the issue of physical vouchers. Electronic voucher distribution is one of the great options here. Using POS terminals, Telecom companies can easily track actual inventory in the market. Simultaneously telecom companies will also have the option to manage expired vouchers, complaints related to vouchers, and cross-zone selling of vouchers using the specific assignment flow of MoboGage electronic voucher management system.
POS Terminal for telecom companies offers wide benefits and increases in company revenue too. POS terminals are used to deliver all possible services through their agent network including airtime distribution, VAS service activation, Subscriptions, and electronic voucher distribution.
MoboGage offer best in class electronic voucher management system for telecom companies and also for enterprises who are willing to become an aggregator for all available telecom companies in the country. It’s not just telecom vouchers that can be covered in the EVD system, MoboEVD also offers Gift cards and vouchers for gaming companies including Apple Itunes, Google Play, PUBG, Play station, etc.
Using gift card distribution, Telecom companies can offer a wide range of subscription services using a POS terminal system. Relatively all these horizontal scales of business give your exponential growth in company renewal and sales.
Mobile Payment terminals also offer an option to extend Mobile money and merchant payment system for telecom companies.
Our experts are available to give you free business consultation to start the Mobile Money or Voucher management system in your country.
Mobile money refers to financial transactions that are conducted using a mobile phone, rather than in person or via traditional banking channels. It allows users to transfer money, pay bills, and access other financial services using their mobile devices. MoboGage offers secured and highly efficient Digital wallet software.
Mobile money has the potential to revolutionize the way people access financial services, particularly in developing countries where traditional banking infrastructure may be limited. It can provide financial inclusion to people who may not have access to traditional banking services, and allow them to participate in the formal economy.
Top 5 things to consider in Mobile money and digital wallet system
Security: Ensuring the security of mobile money and digital wallet systems is of the utmost importance. This includes measures such as secure login procedures, encrypted data transmission, and fraud detection and prevention.
Ease of use: Mobile money and digital wallet systems should be easy for users to understand and navigate. This includes having a user-friendly interface and clear instructions for performing different actions.
Payment options: It is important to offer a variety of payment options, such as the ability to pay with debit or credit cards, or to link to a bank account. This allows users to choose the payment method that is most convenient for them.
Fees: Consideration should be given to any fees associated with using the mobile money or digital wallet system. These fees should be clearly communicated to users and should be competitive with other payment options.
Customer support: Good customer support is essential for mobile money and digital wallet systems. This includes having knowledgeable staff available to answer questions and resolve any issues that may arise. It is also important to have multiple channels of support, such as phone, email, and live chat.
Mobile money can also improve the efficiency of financial transactions and reduce the cost of conducting business. In countries where mobile money is widely used, it has been shown to increase economic activity and contribute to economic growth.
Overall, mobile money has the potential to greatly impact the global economy by increasing financial inclusion, improving the efficiency of financial transactions, and driving economic growth.
