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.
onbekend (De rood omlijnde formulieren zijn niet correct of volledig ingevuld)