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How to earn cashback rewards?

This is a guide to help you earn cashback on your volopay account.

David James avatar
Written by David James
Updated over 2 weeks ago

Permission Required: Users with the Admin Profile and Custom Profile can access this feature

Regional Availability: Singapore, United States


Overview

In this section, you will learn about the different guidelines for earning cashback points based on your region.

Your cashback will continue to accrue over time and will not expire. You can view your company's earned and redeemed cashback activity in the Dashboard page > Cashback > Redeem now.



How to earn cashback in Singapore 

  • You can earn cash back points on any FX transaction you make during the month.

Total Monthly Spending

Cashback Earned %

Total amount spent for all FX transaction monthly

1%


How to earn cashback in The United States

  • You can earn cash back points on any transaction, including foreign exchange and domestic transactions.

  • The number of points you receive will be determined by the total number of transactions you've done for the month.

Cashback Points Table

Total Monthly Spending

Annual

Monthly

Cashback %

Less than 1,000

300

30

0%

1,001 - 5,000

550

60

0%

5,001 - 20,000

850

100

0.25%

20,001 - 50,000

1,350

160

0.50%

50,001 - 100,000

2,100

250

0.75%

Above 100,000

Talk to sales

100,001 - 250,000

4,200

500

1%

250,001- 500,000

6,750

800

1%

500,001- 1,000,000

10,100

1,200

1%

1,000,001- 2,000,000

16,800

2,000

1%

2,000,001 - 5,000,000

23,550

2,800

1%


Now you can use the additional money to make company spends.

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