Gift Card Types
Introduction
A Gift Card is a popular way to boost sales. You can issue digital gift cards or paper gift cards or a combination of both. These cards can be sold as standalone products or offered for free as a part of a campaign. A gift card carries a specific amount of money that can be used at the Store to make purchases. Every Gift Card issued in iVendNext carries a unique number and depending on the customer's preference, can either be redeemed partially or in full.
1. Gift Card Types
Gift Cards in iVendNext can either be System Defined or User Defined and can be used as a Payment Type in sale and refund transactions.
In the context of iVendNext Point of Sale (POS), there is a slight difference between a System Defined and a User Defined gift card. This difference can be seen in their setup, customization, and management:
System Defined Gift Cards
Some of the key features of System Defined Cards are listed below:
Pre-configured:
These gift cards come with predefined settings and templates provided by the POS.
Standardized:
They follow a uniform format and design, making them easy to implement and use without much customization.
Quick Setup:
Since they are pre-configured, they can be quickly set up and deployed, which is ideal for businesses looking for a straightforward solution.
Limited Customization:
Customization options might be limited to basic elements like the card's value and expiration date.
User Defined Gift Cards
Some of the key features of User Defined Cards are listed below:
Customizable:
These gift cards allow businesses to create and design their own cards, tailoring them to specific needs and branding requirements.
Flexible:
Users can define various attributes such as card design, value, expiration policies, and usage rules.
Branding:
Businesses can incorporate their logos, colors, and other branding elements to create a unique look and feel.
Complex Setup:
Setting up user-defined gift cards might require more time and effort, as it involves configuring various parameters and possibly integrating with other systems.
In short, System Defined Gift Cards offer a quick and easy solution with limited customization, whereas User Defined Gift Cards provide greater flexibility and branding opportunities but require more setup and management.