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The Real Bev <bashley101@gmail.com> wrote:Economically these are pervers schemes to systematically disguise the true costs of goods and services and to limit fair competition.
Jim the Geordie wrote:I would think whether you get cashback, or not, from your mobile payment
>Any preferences here - and why?>
I have often wondered about the value of any of these. What's wrong
with a credit card which gives you a rebate?
app (e.g., Google Wallet, Samsung Wallet, Apple Pay, etc) depends on who
is the backing institution for the financial transactions.
https://support.google.com/wallet/thread/211538270/how-can-i-get-cashback-from-google-wallet-from-my-phone
Likely you can't use reward programs, like getting points accrued with
purchases that you can use to discount other purchases (e.g., gas
discount with purchases from a grocery store or pharmacy). But then
most rewards programs use their own separate customer cards to track
reward grants at purchase. Rewards programs aren't cashback programs.
Rebates are mostly company script programs: you can only spend the
rebate credits at the store where you accrued them.
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