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Dispensing and accepting your own branded gift voucher

Buckaroo offers companies a low-threshold solution for dispensing, accepting and managing your own online gift card. You can offer your customers the possibility to purchase your gift card online and give it to someone else. The gift card has a certain value in Euro’s, is unique, and becomes valid as soon as the consumer pays for it successfully. From this moment, the gift card is active and ready to be redeemed in the online store. Buckaroo generates a code, and you will take care of sending that code in a style

chosen by you and with a medium chosen by you. Buckaroo makes easy implementation possible with which at the moment of redeeming the gift card, all checks such as determining the validity and balance, have been executed correctly. The generating and managing of the gift cards can be done both manually and automatically. The former can be done via Buckaroo’s back-end system and the latter can be designed with the link within the own system.

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Gift voucher: The perfect gift to receive and give away

It’s up to the company whether the gift cards need to be expended all at once, or whether it can be spent in parts. This can be installed individually for each gift card. For most gift cards it’s usual to accept partial payments and for its validity to be a minimum of three years. Shorter than a year is usually not allowed, but in some cases is possible with consumption vouchers for a concert or festival.

Buckaroo facilitates the possibility to offer partial payments and handles possible duplicate or failed payments. This results in a user-friendly procedure for the consumer, and offers the company a well-arranged administration plus the availability of the reports needed for accounting.

The balance of the gift card can be requested at any given moment so that the consumer is informed about the available funds remaining on the voucher. Buckaroo also supports the ability to refund the gift cards, for which the refund value logically can never be higher than the value of the card or indeed the amount spent. More often than not, the company opts to send a new gift card valued at the exact refund value, since after spending the gift card the code is often thrown away.

A vital aspect of generating and dispensing gift cards is that the amount spent for the gift card can’t be booked until the gift card is actually spent (this could be months or years later). This way, the correct reconciliation of the funds that you received at an earlier stage can be performed. The gift card is a payment method, but no actual money changes hands at the moment of spending of the gift cards. The gift card is a payment method that Buckaroo handles in a processing manner, and one where reporting takes place without actual pay-out. The gift card is visible on your payment page as soon as you activate the subscription, upload your logo and enter the desired name.

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Now come and find out about issuing a gift voucher

If you also want to issue a gift voucher, we can easily do that with our solution.

More information about dispending an own gift voucher
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