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Basics
Practice
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As issuer of a voucher you are obligated to redeem it within its period of validity.
If the voucher is valid for more than 3 years, the issuer can use the voucher again for payment. If the validity period is shorter than 3 years, the issuer destroys the voucher after redemption. Due to this rule, participants of the network practically rarely receive vouchers that are about to expire.
Validity of voucher | Action by the issuer |
---|---|
more than 3 years | must accept the voucher, can reuse it for payment |
less than 3 years | must accept and destroy the voucher |
See also How to accept Minutos.
As a guarantor of a Minuto voucher you are only obligated to redeem it if the issuer and his legal successors (heirs) are unable to provide a service, for example in the event of:
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