A voucher, not a deposit.

A Dziri voucher is a uniquely-coded prepaid right, sold by a licensed flexy-shop reseller, that the bearer can redeem exclusively for goods or services on the Dziri platform.

Each voucher has:

• A unique redemption code.
• A unique printable serial.
• A face value in DZD from a fixed denomination set.
• A validity period (default 12 months from issuance).
• An immutable audit trail of state transitions.

An open-loop instrument (one that can be cashed out, sent to a third party off-platform, or used at non-affiliated merchants) would, in most jurisdictions including Algeria, trigger electronic-money / payment-institution regulation.

A closed-loop instrument — usable only within a defined merchant network and never redeemable for cash — is legally treated as a prepaid commercial transaction. The user has not "deposited money"; they have prepaid for goods or services that will be delivered on the platform.

This is the same legal category that has supported:

• Mobile-operator scratch cards (Mobilis, Djezzy, Ooredoo).
• Apple Gift Cards and similar app-store credit.
• PaySafeCard codes across the EU.
• Restaurant-chain gift cards globally.

• No cash-out. Wallet credit derived from a voucher cannot be withdrawn back to cash — only spent on Dziri goods or services.
• No peer-to-peer transfer of voucher value. A user cannot send wallet value to another user as cash. (They can pay another user for a specific marketplace order, which is a commercial transaction.)
• Auditable closed loop. Every voucher issuance → redemption → goods-delivered is logged in an immutable ledger that regulators can inspect.
• Outstanding-float reporting. Sold-but-not-yet-redeemed vouchers are reported as a contingent liability on the operator's books, not as customer deposits.
• Reasonable expiry. Validity period of 12 months with a grace period; expired-value handling is disclosed in the terms.

• Refund vouchers to cash (except in operator-error cases).
• Enable cross-merchant cash withdrawal.
• Use the phrase "deposit", "cash-in", or "compte de paiement" in product copy.
• Pay interest on outstanding voucher balances (would re-classify as a savings instrument).
• Allow voucher gifting to remain anonymous past the assignment step — every redeemer is identified.

The 50,000 flexy shops that sell Dziri vouchers do so as commercial intermediaries — the same role they already play for mobile-operator scratch cards. They earn a commission on each voucher sold (typical: 4%). They do not handle customer wallet balances and do not act as payment agents.

The reseller agreement (FR / AR) defines: minimum identification standards, anti-fraud obligations, voucher-physical-handling requirements, and the commission schedule.

The closed-loop framing is robust at our current scale and product surface. It would become harder to maintain if Dziri were to:

• Allow voucher-balance transfers outside the platform's defined commerce surfaces.
• Enable a true peer-to-peer cash equivalence between user wallets.
• Accept voucher balance for civic services (taxes, fines, utility bills) without a partnership framework that ring-fences them.

When the product surface expands toward any of these, we plan to pursue an Electronic Money Institution or Payment Service Provider licence rather than stretch the voucher framing past its natural limits.

This page summarises Dziri's operating framework as of May 2026. It is not legal advice. Specific deployments — particularly those serving regulated sectors (financial services, healthcare, public administration) — should be reviewed with qualified Algerian counsel before launch.

For the full operator-facing memo with statutory citations, partners with an NDA can request it from partnerships@dziri.app.