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REDEMPTION PROCESS


1. To request payment you must have a minimum of Rs. 100 ‘confirmed’ Cashback or Gift Voucher Credits in your Pickakart account.

2. Your purchase via Pickakart is rewarded in either Cashback or Gift Voucher Credits depending on offer conditions that apply.

3. To help prevent fraud, payment requests can be kept on hold for 30 days after confirmation in certain cases.

REDEMPTION FEE


VALUE BEING REDEEMED FEE
Between Rs.100 to Rs.1000 35%
Between Rs.1000 to Rs.5000 25%
Between Rs.5000 to Rs.15000 10%
Above Rs.15000 0%

Why does Pickakart have a redemption fee?


The Cashback/GVC credited to your Pickakart account is 100% of the commission received by Pickakart from the retailer. Thus a redemption fee is charged on Cashback/GVC redeemed by you, which is automatically deducted from each payout request. This transparent fee structure helps with the running cost of this service and ensures increased user engagement.


WAIVER OF REDEMPTION FEE


Go ahead and invite your friends to Pickakart. For every 5 ‘qualifying referrals’ under your account, the processing fee is waived off for one payout request each. Members who registered with pickakart by clicking on your ‘unique referral URL’ are categorized as ‘qualifying referrals’ only when they have an aggregate minimum of Rs.50 ‘confirmed’ Cashback/GVC in his/her Pickakart Account.





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