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Introduction to eFresh
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Services
such as prepaid cellular, ring tones, games, utilities,
and other prepaid long distance products make up one
of the world's largest and fastest growing industries.
Combined with other electronic products and services
the electronic distribution of prepaid and payment services
is a fast growing market that offers enormous business
opportunities. VendTek's eFresh technology captures
those business opportunities by creating an electronic
distribution network which generates recurring monthly
revenues.
An eFresh distribution network
can be created by placing software in point of sale
(POS) terminals in retail locations. For the retailer,
additional revenues can be generated while at the same
time driving new customers into the retail locations.
eFresh has the ability to allow the retailers to provide
greater value added services to their clients without
incurring additional inventory costs. A wide range of
prepaid products and services can be sold through the
eFresh system by printing the vouchers in real-time
on POS terminals or other similar devices.
The eFresh distribution system
can deliver any electronic product and can deliver new
products as they become available. In addition to the
commonly known prepaid products, products such as prepaid
insurance, utilities, money transfer and bill payment
can all be transacted through the network. eFresh allows
the indefinite expansion of products and services sold,
increasing opportunities, ensuring ongoing competitiveness,
and a sustainable business.
eFresh also supports
card based products such as Gift Cards, Prepaid Credit
Cards, and Point of Sale Activation (POSA).
eFresh
is a method to distribute products and
services more efficiently creating a business opportunity
for its operator.
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eFresh is software which allows products and services
to be distributed and sold electronically. It also allows
physical card products such as prepaid credit cards and
gift cards to be activated and reloaded. The eFresh software
resides on a central server which you operate and on electronic
(POS) terminals in retail locations. The combination of
the central eFresh server and POS terminals with eFresh
software creates a secure electronic distribution network.
eFresh creates a very efficient and convenient system
for distribution, handling and inventory management which
can create substantial savings as well as a new business
opportunity to generate sustainable recurring revenues.
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Using eFresh, the PIN or voucher number for a prepaid
service is distributed from a central computer through
telephone lines or other communications and printed on
a receipt at the point of sale. POS terminals (typically
used for credit and debit card processing), personal computers,
cash registers, automated teller machines, and kiosks
are ideal distribution terminals. Once the consumer purchases
a prepaid product a receipt is printed in real time which
includes the same PIN or voucher number previously printed
on the pre-printed physical card. |
With eFresh, there is no physical product therefore none
of the costs associated with the physical cards including
storage, transportation, and theft. Compared to the traditional
method of delivering prepaid services using paper or plastic
vouchers, distributing services electronically allows
substantial savings through reduced physical distribution
costs, theft, printing and packaging costs and the elimination
of inventory at the retail level.
In addition to the electronic delivery of prepaid services
via a voucher number, the eFresh system can also be used
for bill payments, account loading, money transfer, and
real-time cellular account loading. |
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The eFresh system creates a business opportunity through
the costs savings and efficiencies of the system.
eFresh eliminates the traditional
voucher production, packaging and physical distribution
costs.
eFresh creates increased capacity for product distribution
and growth.
eFresh improves the management of prepaid services and
inventories Service providers, retailer and consumers
all benefit from this new paradigm for product delivery. |
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VendTek offers eFresh as a turnkey solution to businesses
with the capability to capitalize and operate the network,
secure retailing locations and provide the necessary support
and marketing to grow the business. |
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Contact us using the information provided on our Contact page.
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