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cash-back
/ˈkæʃbæk/noun
- 1. denoting a form of incentive offered to buyers of certain products whereby they receive a cash refund after making their purchase.
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Cashback may refer to: Cashback (film), two films directed by Sean Ellis. Cashback reward program, a small amount paid to a customer by a credit card company for each use of a credit card. Cashback website, a site where customers can earn cash rebates on online purchases that they make.
Debit card cashback (also known as cash out in Australia and New Zealand) is a service offered to retail customers whereby an amount is added to the total purchase price of a transaction paid by debit card and the customer receives that amount in cash along with the purchase.
A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card.
Cash back: A rewards checking account can put money back in your pocket each month when you make purchases using a debit card.
The proliferation of online payment methods, including mobile apps, and the increasing sophistication of the fraudulent actors, including bots, have made the task of detecting and preventing charge back fraud, particularly online, more complex.
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. [1] [2] [3] [4]