What is the difference between coupon and voucher?

Definitions

- A small piece of paper or code that entitles the holder to a discount or special offer on a product or service. - A promotional tool used by businesses to attract customers and increase sales. - A document that can be exchanged for a discount or rebate when purchasing a product or service.

- A document that serves as proof of payment or entitlement to a particular product or service. - A certificate that can be exchanged for goods or services of a specific value. - A promotional tool used by businesses to reward customers or employees.

List of Similarities

  • 1Both are documents that can be exchanged for goods or services.
  • 2Both can be used to obtain discounts or special offers.
  • 3Both are promotional tools used by businesses to attract customers or reward loyalty.

What is the difference?

  • 1Usage: Coupon is more commonly used in North America, while voucher is more common in Europe and other parts of the world.
  • 2Form: Coupon is usually a small piece of paper or digital code, while voucher is often a larger document or certificate.
  • 3Value: Coupon typically offers a percentage or dollar amount off a purchase, while voucher is often for a specific product or service.
  • 4Expiration: Coupon often has an expiration date, while voucher may not have one.
  • 5Redemption: Coupon is usually redeemed at the time of purchase, while voucher may be redeemed at a later time.
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Remember this!

Coupon and voucher are both documents that can be exchanged for goods or services, but they differ in their usage, form, value, expiration, and redemption. Coupon is more commonly used in North America and is usually a small piece of paper or digital code that offers a discount or special offer on a purchase. Voucher is more common in Europe and other parts of the world and is often a larger document or certificate that can be exchanged for a specific product or service.

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