Voucher Management System (VMS) is a solution that is designed to handle the end-to-end lifecycle of recharge vouchers from product management/creation to PIN generation, dealer distribution, and finally, redemption. A market-responsive and user-centric product provides a complete solution to recharge prepaid accounts. It covers every aspect of it, electronic vouchers or print vouchers (scratch cards).
Gift vouchers may be purchased on the internet via an online voucher system.
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How does it work?
VMS can be used to manage the entire lifecycle of vouchers for prepaid payment for Service Providers like telecom operators. An administrator can manage multiple voucher types and products simultaneously and define the currency and denomination for the vouchers. The powerful, stable system can manage traditional physical printed vouchers (scratch cards) as well as electronic (non-physical) vouchers (also known as digital vouchers, virtual vouchers, etc.)
Key Features
1. User Management
Allows the administrator to define user roles and manage access of other users to VMS
- Reporting
Complete visibility of voucher lifecycle through extensive reporting customized to admin needs.
- Product Management
Manages various products and classifies them into different groups and ranges
- Security
Strict controls, design choices, and operational best practices ensure the system’s integrity.
Why does your business need Voucher Management System?
VMS provides a simple, fast, easy-to-use, and cost-efficient process of producing vouchers as per the requirement of the business. It comes with the capabilities of simplifying complex supply chain distribution processes and can handle both physical and virtual vouchers efficiently. It supports the creation and management of multiple products as per the business need of the Service Provider, allowing him the flexibility to stay on top of his competitive game.
VMS, with its advantages, allows a Service Provider to improve market penetration and average revenue per user (ARPU).
Who can use Voucher Management System?
- Mobile Network Operators
- Distributors & Retail Chains
- Reseller Agents and Franchises
- Prepaid Service Providers
- Value-Added Services
- Internet Providers or VoIP Providers