Cash Back is a service involving the withdrawal of cash from the cash register while paying for goods and services. This service complements the existing ATM network and enables the card holders to withdraw small amounts of money while making everyday purchases.
Thanks to this cooperation the Terminal Services users will be able to use the most advanced solutions available on the global market of payments. When payment is made with a card with Cash Back feature, the terminal will allow you to select the operation with or without the withdrawal of cash.
The decision to use this service belongs to the card holder. The card holder can make a withdrawal of any amount within the agreed limit, which is 1,500 CZK.
The Cash Back transaction must always be preceded by the purchase of goods or services. The sales transaction and cash withdrawal takes place during one operation and normally takes the same amount of time as a transaction without cash withdrawals.
The amount of money spent on the purchase and the amount of the cash withdrawal will be on the separate parts of the printout from the terminal. The card holder confirms both the amounts of sale and withdrawal by signature or PIN code and the seller pays back the required amount
Increasing customer satisfaction through the introduction of additional services
Acquiring new customers who, wanting to withdraw cash, are obliged to make purchases,
Reducing the cost of cash management.