PayUMoney as the name suggests offers Cashback to customer when online payment is made through PayUMoney.com Payment gateway while shopping online. Maximum Cashback limit is upto 10%. In this case, it will be more appropriate to refer Cashback as indirect discount or reverse discount. In last 2 months, i have received cashback of more than 1000 Rs from PayUMoney as my most of the shopping is online only. The cashback transactions on PayUMoney are facilitated through e-wallet. e-wallet is used to simultaneously store cashback received from current online transaction & spend/adjust cashback ... Read More
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