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what is a voucher the term voucher can have different possible meanings depending on the context in which it is used most of us know it as a small printed piece of paper that entitles us to a discount or a certain value when purchasing a product or service a voucher does not last forever though they do have an expiry date electronic vouchers or e-vouchers are used online you can use them when you are internet shopping in some cases you can also present them when you are inside a supermarket or other store most e-vouchers have a code which the retailer uses to register its value or percentage discount in accounting a voucher is a document that represents internal intent to pay an external entity the external entity may be for example a supplier the voucher has information about the payee that is the receiver of the money a description of the transaction as well as how much the payment is for in the world of mobile phones vouchers are used to add credit the voucher is in the form of a l