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PayMate launches Gift Mate- new Mobile Gift voucher

Published on Mon, Jan 14, 2008 at 16:13 | Source : Moneycontrol.com

Updated at Mon, Jan 14, 2008 at 18:33

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PayMate a leading mobile commerce company has launched a revolutionary new mobile gift voucher, Gift Mate , which offers the flexibility and choices that are not available with traditional vouchers. With Gift Mate, the user can shop from over 3000 online merchants that PayMate has partnered with. The flexibility of this product allows them to use it in varying denominations and on multiple visits at any of PayMate's merchants right from electronics, apparels, tele-shopping, flight and movie tickets, at restaurants, there seem to be no limits.

Gift Mate vouchers are highly secure and are safely stored within the mobile phone. The voucher can then be accessed with the help of a unique PIN via SMS. The voucher needs no physical handling!

Mr. Ajay Adiseshann, Managing Director and founder of PayMate, said, "The major limitations of traditional gift vouchers is that they can only be used at select outlets, and customers need to spend the entire voucher at one single go with the balance amount being non redeemable. Also, there is a likelihood that the voucher may be subject to loss or mutilation. Gift Mate is definitely a more reliable, smart and efficient option to the traditional gift voucher."

Corporates too hand out such gift vouchers to their share holders and select high net worth customers during festive seasons and other occasions. Your employees don't have to use their vouchers in one purchase.

PayMate Gift Voucher v/s Traditional Gift Voucher

PayMate Gift Vouchers	Traditional Vouchers
Redeemable at 3000+ online merchants	Can be used at select merchants
Usable in varying denominations purchases	Entire amount to be utilized in one purchase
Balance amount gets carried forward	Balance amount not refundable
Virtual voucher accessed via mobile	Need to carry physical voucher
Needs no handling or care	Subject to loss or mutilation
Easily re-validated online by employer	Laborious and long re-validation process

How Gift Mate Works

Gift Mate vouchers can be ordered directly from PayMate's website. It comes in the form of a 4-pin unique code number. With the help of this unique code number Gift Mate can then be transferred onto the mobile phones of deserving employees. The voucher can then be accessed with the help of a unique PIN via sms. have to use their vouchers in one purchase.

Sourced From: Perfect Relations Limited