Looking for different types of cashback that Global Garner offers to their users?
In this blog, you will learn about 4 different cashback options that are available in Global Garner, about GG coins and GG money, and How GG cashback works.
How does Global Garner Cashback Work?
Before understanding GG Cashback, Let’s first discuss how Global Garner Cashback works. So that you know how GG gives cashback.
It’s Simple, Global Garner connects two parties, i.e buyer and seller, in UPOS – The Digital Mall. When the buyer purchases from the seller through UPOS, GG charges a commission from the seller.
Every time a buyer purchases, we get a commission from the seller and pay you that in the form of cashback by keeping a small amount for us.
Also Check:
How Global Garner business model work?
How to get Cahsback on Every Purchase?
Ways To Get GG Cashback
There are two ways in which Global Garner provides cashback, i.e. through GG Coins or GG Money.
GG Coins are special points you earn as a reward, it cannot be transferred into a bank account. It can be redeemed to the extent of 5% to 40% on your next purchase.
(On every purchase, users will get 100% GG Coins as cashback rewards)
On the other hand, GG Money is like real cashback that you can easily transfer to your bank account.
To know more about it, you can check the below-given blog link
Difference between GG Coins and GG Money
Types of Global Garner Cashback
Till now you have learned about how global garner cashback works and what is gg coins & gg money. So now let’s check about global garner cashback options that give GG Money.
There are 4 types of cashback available in Global Garner are as follows:
Instant Cashback (IC)
When a user purchases anything from Global Garner they get guaranteed 2% to 10% instant cashback in the form of GG Money.
Cashback/Reward will be processed instantly as soon as you make a purchase of any amount and this purchase will not be counted under the Systematic Cashback (SCB) process.
For the other three cashback, you have to create a UPV.
What is UPV?
UPV stands for User Purchase Value, It is the cumulative purchase of ₹10,000.
In simple words, In order to create a UPV you need to make a purchase ₹10,000 anytime.
Random Pick Process (RPP)
Global Garner offers a cashback system through a random selection of UPVs generated each month. The qualifiers are placed in a pool, and the number of qualifiers and cashback percentage are determined through the SCB process.
In the cashback option, Global Garner System will randomly pick a UPV from all the UPVs available in the pool. But there will be a guarantee that every UPV will get a minimum of 2% to a maximum of 100% cashback in a month.
First In First Out (FIFO)
In the cashback process, the user gets 100% cashback in three unequal installments of ₹500, ₹1,000, and ₹8,500 through the auto-tagging system, where the user has to do nothing instead of generating a UPV.
This cashback process will entirely depend upon new UPV generated in the system and tagged under your UPV and tagging will be done as per our system algorithm.
It is received in the form of GG Money, which means it can be transferred into the user’s bank account.
When a user creates a UPV it will by default start tagged under your UPV. When a user is tagged with:
- 6 New UPV – Get ₹500 cashback (5% of UPV)
- 36 New UPV – Get ₹1,000 cashback (10% of UPV)
- 216 New UPV – Get ₹8,500 cashback (85% of UPV)
It has not stopped yet, when it’s connected with 1,296 UPV your ₹10,000 GG Coins are automatically converted into GG Money.
By this, you can clearly see that you have created a UPV i.e. purchase of ₹10,000 and you get a return of 200% i.e. ₹20,000.
My Circle Cashback
This is the best cashback option in Global Garner that can give you a chance to earn up to ₹1 Crore. Learn more about it in our My Circle Blog.
Conclusion
In Conclusion, Global Garner offers an attractive range of cashback options for its users. There are four cashback options, Instant Cashback (IC), Random Pick Process (RPP), and First in First Out (FIFO).
They can enjoy a rewarding shopping experience and maximize their savings through GG Coins and GG Money. Also, they get a chance to earn up to ₹1 Crore through my circle referral program.