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A value-added service (VAS) is a popular telecommunications industry [1] term for non-core services, or, in short, all services beyond standard voice calls and fax transmissions. However, it can be used in any service industry, for services available at little or no cost, to promote their primary business.
A value-added network (VAN) is a hosted service offering that acts as an intermediary between business partners sharing standards based on proprietary data via shared business processes. The offered service is referred to as "value-added network services".
Verifone, Inc. is an American multinational corporation headquartered in New York City, New York. Verifone provides technology for electronic payment transactions and value-added services at the point-of-sale.
A value-added reseller (VAR) is a company that adds features or services to an existing product, then resells it (usually to end-users) as an integrated or complete "turn-key" product. This practice occurs commonly in the electronics or IT industry, where, for example, a VAR might bundle a software application with supplied hardware.
Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. [ 1 ]
Value added is offering additional features with goods or services. Value-added may also refer to: Value-added tax, a tax based on gross profits (the difference between the cost of goods sold and the selling price) Value-added modeling, a method of teacher evaluation that attempts to identify how much student achievement is due to the teacher
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They provide value added service or product to the OEM (Original Equipment Manufacturer). Alternatively referred to as a " supply chain " or a " value chain ", the extended enterprise describes the community of participants involved with provisioning a set of service offerings.