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Cashback - what is it? The meaning of a word, definition, origin, translation

Cashback

Cashback is a kind of customer encouragement , a kind of loyalty program that banks conduct together with credit companies such as Visa or MasterCard.

The word Cashback consists of Cash and Back . That is, we get a "cash return". The essence of this type of incentive is that for every X rubles spent on purchases on the card, the credit organization returns Y rubles to you in the form of a bonus for using your card.

Cashback is not always given out in cash , and often - points and coupons to buy at one particular store.




Cashback is in the list: Finance


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