Global Garner has a cashback option that works on an auto-tagging system where you don’t have to do anything. It’s all about generating new UPVs (User Purchase Value). The First in First Out is also known as FIFO Cashback. This cashback option gives 100% cashback in 3 unequal installments of ₹500, ₹1,000, and ₹8,500
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Let’s check how it works:
Cashback Based on UPVs: The cashback you receive depends on how the new UPVs generated in the system are tagged under your UPV.
Our system algorithm automatically performs the tagging process. It should be noted that 1 UPV represents a cumulative purchase of ₹10,000.
Form of Cashback: The form of cashback is GG Money, given through the First-in-First-out method, allowing you to transfer it into your bank account, effectively converting it into real money.
Default Tagging:
When a user creates a UPV, our system algorithm automatically tags it under your UPV.
Our system algorithm will perform the tagging.
Now, here are the specific cashback amounts you can earn based on the number of UPVs tagged under your UPV:
- 6 New UPVs: You get ₹500 cashback, which is 5% of the UPV.
- 36 New UPVs: You get ₹1,000 cashback, which is 10% of the UPV.
- 216 New UPVs: You get ₹8,500 cashback, which is a whopping 85% of the UPV.
When your UPV connects with 1,296 other UPVs, it automatically converts your ₹10,000 GG Coins into GG Money.
In simple terms, this means that when you create a UPV worth ₹10,000 and after it connects with other UPVs, you can receive a return of up to 200%, which equals ₹20,000.
