Glossary term
Voucher Redemption
Voucher redemption converts reward points into vouchers for popular merchants, often with a 1 point = Rs. 0.25 to Rs. 0.50 conversion rate.
Related terms
- Voucher Issuance Fee
A fee for issuing a voucher from points.
- Voucher Redemption Fee
A fee for redeeming points as vouchers.
- Voucher Value
The monetary value of a voucher.