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Prepaid Airtime

Prepaid Airtime

Electronic Prepaid or EVD is a modern and cost effective method to distribute mobile prepaid airtime and recharge voucher PINs. It is a technology and solution that has been developed due to the many downfalls of the current physical prepaid foil card (scratch cards) distribution and the frustrations that merchants and distributors of airtime cards.

 

The industry suffers from the following downfalls:

•   Expensive production cost for Mobile Operators

•   Complicated and expensive logistics

•   Difficult and expensive distribution strategies

•   High-risk distribution methods

•   Financial risk and fraud for Cellular Mobile Service Providers and merchants

•   Time delays and late deliveries to remote merchants

•   High stockholding

•   High shrinkage

•   Difficult stock and financial management

•   Complicated fraud traces

 

 

 

What is EVD or Electronic TopUp (E-TopUp) Distribution?

 

Virtual prepaid is the New Generation Technology to host, distribute, sell and manage cellular pre-paid voucher PINs. The Serialized Voucher PINs normally called scratch card are electronically supplied by Mobile Operator, warehoused and distributed within a secure, encrypted and managed distribution environment.

 

The benefits associated with EVD distribution include the following:

•   No production cost of scratch cards

•   Simple distribution of stock through mobile operators to their multiple channels

•   Minimal lead time – Speedy distribution

•   Minimal capital outlay - Minimal stockholding

•   Increased stock control - Lower or no shrinkage

•   Convenience, accessibility in remote areas

•   Ease of use for the merchant and the consumer

•   Consumer still has proof of his purchase in the form of a paper slip or notification via SMS

•   Easy financial control and audit trails to distributors, electronic journals

•   Secure software system to manage, reconcile and consolidate the business stock protected by encryption until vended

Pub Time : 2015-04-10 12:29:29 >> News list
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