Cashback website

From Wikipedia, the free encyclopedia

A cashback website is a type of reward website that pays its members a percentage of money earned when they purchase goods and services via its affiliate links.

Cashback shopping

When a customer makes a purchase online, instead of visiting the retailer directly, they may choose to follow a link from a cashback website to generate a monetary reward when buying products or services. The cashback website receives a commission from the retailer that, after the purchase is confirmed, is shared with the customer who made the purchase.

Payment is generally made to the user in the form of bank transfers, gift vouchers, online sites such as PayPal, or bank checks. Some cashback websites place a threshold on a customer's account such that a user may need to make several transactions in order to be able to receive a reward.

Many cashback sites offer users a reward for referring others to the site. Some cashback sites also offer discussion forums, paid online surveys, daily deals, and other rewards to increase traffic and maintain customer loyalty.

Technology

Browser extensions are often utilized in to remind users that they can receive cashback from online purchases. A Browser extension interacts with backend API of the Cashback website, and displays notifications when user visits e-commerce website telling that this website is eligible for cashback.

References

    External links

    General
    Chain stores /
    supermarkets
    Frequent-flyer programs /
    travel incentives
    Online shopping rewards /
    reward websites
    Scrip
    Trading stamps
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