Definition : Paid cashback

Paid cashback refers to a financial incentive or reward offered by a company or retailer to a customer for making a purchase. This type of cashback is typically a percentage of the total purchase amount and is given back to the customer in the form of cash or credit. Unlike traditional discounts or coupons, paid cashback is received after the purchase has been made, making it a form of post-purchase savings. It is a popular marketing strategy used by businesses to encourage customer loyalty and increase sales. Paid cashback can be redeemed for future purchases or withdrawn as actual cash, providing customers with added value and savings on their purchases.

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