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Cards: Cashback at POS

Is the option given to the cardholder to simultaneously withdraw Cash when making a purchase at the point of sale (POS).

How it works?

Note 1: Valid only on those merchants which offer this service

Note 2: Maximum cashback amount for Visa cards is 20,000 ALL / 180 Eur

Note 3: Maximum cashback amount for Mastercard cards is 10,000 ALL/ 90 Eur

Cardholder makes a purchase of 2000 ALL and requests Cash of 500 ALL in a Point of Sale.
The merchant gives to the cardholder the purchased goods and cash 500 ALL
The purchase amount and the Cash-back amount are entered into the terminal. Cardholder perform the transaction and input the PIN.
Total transaction amount is 2500 ALL.