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Physical or digital, OTP-secured | HelloBooks POS Sell physical gift cards or e-gift vouchers (e-GV) at the till. Redeem with the printed code or, for digital, an OTP delivered over SMS / WhatsApp / email — partial or full, at any outlet.

GIFT CARDS

Physical or digital, OTP-secured

Sell physical gift cards or e-gift vouchers (e-GV) at the till. Redeem with the printed code or, for digital, an OTP delivered over SMS / WhatsApp / email — partial or full, at any outlet.

Part of HelloBooks POS · Tender modes

Gift card next to a phone showing an OTP for redemption

Gift cards are the easiest gross-margin lift a retailer has — but only if the issuance and redemption flows do not leak. HelloBooks treats every gift card as a deferred-revenue liability, with an OTP-secured redemption path that resists “share-the-code” fraud.

HOW IT WORKS

Every detail, dialled in

Built for the till, validated against the canonical accounting engine — so every POS sale closes the books cleanly.

🎁

Physical or digital issuance

Sell a plastic card with a printed code at the till, or generate an e-GV that delivers the code over WhatsApp / SMS / email. Both are tracked the same way on the books.

  • Plastic + e-GV both supported
  • Per-card unique code
  • Custom branding per outlet
  • Bulk-issue for corporate gifting
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OTP-secured redemption

For digital gift cards, redemption requires the customer’s code plus an OTP delivered to the phone on file. This stops a forwarded code from being redeemed without consent and gives the retailer a clean audit trail.

  • OTP over WhatsApp / SMS / email
  • Code-only mode for plastic cards
  • Partial redemption supported
  • Anti-fraud rate limits
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Deferred-revenue accounting

Issuance posts to a Gift Card Liability account; redemption retires the liability against revenue. Unredeemed balances at year-end follow your jurisdiction’s breakage policy and reverse to income on schedule.

  • Issuance → liability
  • Redemption → revenue retire
  • Breakage policy configurable
  • Year-end reversal automated

Why teams move off legacy tills

Old POS · Manual workarounds
  • Gift card is just a coupon code
  • No OTP — code-sharing fraud
  • Liability sits on no real ledger
  • Breakage handled manually
HelloBooks POS
  • First-class deferred-revenue instrument
  • OTP-secured redemption
  • Liability tracked on the books
  • Breakage rolls to income on schedule
FAQ

Questions, answered

How does an e-GV reach the recipient?

Over WhatsApp / SMS / email — picked at issuance time. The recipient gets the code; redemption requires both the code and an OTP to the phone on file.

Can a gift card be redeemed in parts?

Yes. Partial redemption is supported; the remaining balance stays on the card until expiry.

How is breakage (unredeemed balance) handled?

Configurable per entity — typically reverses to income at expiry following local accounting rules.

Are physical and digital cards tracked differently?

No — both are deferred-revenue instruments on the books. The difference is only the delivery medium and the OTP requirement on digital.

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