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Cashback service: how does it work? Part 1 What is cashback service?

It is easy to understand what is cashback service, referring to the literal meaning of the word cashback. The cashback service is an online platform that cooperates with a large number of stores and services and refunds to their customers who order services or purchase goods definite percentage of the money spent. The cashback aggregator receives a reward for attracting each customer and transfers the major part of the reward to the customer. This is how cashback service works.

In addition, cashback service informs you about new products, special offers and discounts of its partners that may be useful to you.

The percentage paid by the cashback service can vary from a very small but pleasant bonus about 1% to a very substantial savings that can reach 51.7%, for instance Aliexpress.

How to choose the best cashback service?

There are a lot of cashback services today, and not all of their offers are same good and really interesting to the consumer. Some services offer really small percentage of cashback that is not worth the time spent on registration, the others delay payment terms up to three months, and the minimum amount for withdrawal is quite large, so you have to accumulate cashback for a long time before you can use it. Therefore you should carefully analyze all the conditions, the amount of cashback offered and ease of use.

We hope we have explained how the cashback service works pretty clear. In the next article, we are going to tell you in detail what cashback platform provides the maximum benefits to the customers. Stay tuned!