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A 2022 study showed that users of the program aged 50 and above had slower memory loss, or "about 2 fewer years of cognitive aging over a 10-year period compared with non-users", despite the program having nearly no conditions for the sustainability and healthiness of the food products purchased with the coupons (or coupon-credits).
Freecharge is building an advertising platform that will capture online and offline purchase behavior and brand preferences of consumers, by offering incentives and discount coupons to users to transact on its platform. On 8 April 2015, Indian e-commerce firm Snapdeal acquired Freecharge for ₹2800 crore (US$400 million) in cash and stock.
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2]
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