Voucher Currency
Cashback that can circulate.
Voucher Currency represents purchasing power intended to be used within participating merchant ecosystems.
The sequence
Voucher Pound ®
Voucher Dollar ®
Voucher Euro ®
1
CREATED
A merchant prices a future sale.
2
DISTRIBUTED
That purchasing power is distributed as a reward.
3
EARNED
A consumer experiences it as cashback.
4
SPENT
The consumer uses it with a participating merchant.
5
RECEIVED
The merchant receives the purchasing power.
6
REUSED
It can be deployed within the network again.
One unit.
Multiple transactions.
That is the fundamental economic difference.
Cashback 1.0 → Cashback 2.0
Cashback 1.0
REBATE
Merchant → Consumer
One direction.
Cashback 2.0
NETWORK
↕ Merchant
↕ Consumer
↕ Merchant
↕ Network
↕ Consumer
↕ Merchant
The difference is circulation.
The flywheel
MERCHANTS
fund future purchasing power
TRANSACTIONS
verify qualifying purchases
BANKS + PUBLISHERS
connect audiences
CONSUMERS
earn Voucher Currency
CONSUMERS
spend within the network
MERCHANTS
receive Voucher Currency
VALUE
circulates again
VOUCHER
CURRENCY