Are there any charges for using Payout on Cashback Card

Modified on Mon, 03 Oct 2022 at 04:20 PM

We have enabled payout via Cashback cards, and you can make payments to your vendors via the Payout feature.


But, there are some charges associated with that but you will earn cashback as well.


For every transaction, there is a charge of 1.00% plus GST where you will be getting cashback as well starting from 0.65% 

( depend on the monthly spending)


Let's say you make the transaction for INR 10,000. In that case, you will be charged INR 100 

 

1% of INR 10,000 = 100

18% of INR 115 = 18


total = 118



 


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